The Liberty Archive FREECAPITALISTS.ORG

absolute king, role of, 34

Adams, John, 11

Against Politics, 10n

amoral demagogues, 51

arbitrators, 28, 65

aristocratic natural order, 31

authority, 11

capital values, concern with by the ruler, 16, 44

caretaker owners, 44

caretaker, democratic, 45

competition in the production of bads, 45

competition, eliminative, 56

conflicts, interpersonal, 20

constitution, role of, 39

cost-plus contracts, 55

court intellectuals, role of, 13f.

currency depreciation, 57

current situation, solutions for, 63

decentralizing tendencies, 17, 64

democracy, 15, 16, 24

rise of, 40

struggle of all against all under, 50

Democracy: The God That Failed, 17, 32

democratic states, current state of, 60f.

disputes, settling of, 8f.

draft, 54

economic collapse, 64

economic crisis, inevitability of, 17

egalitarianism, 15

empire, 56

empire building, the end of, 59

empire, building of by democracies, 56

End of History and the Last Man, The, 7

envy, 15, 37, 40

equality before the law, 41

Euro (the currency), 64

European Union (EU), 64

exploitation and expropriation under democracy, 46

feudal age, 31

feudalism, 11f., 32

allodial, 33

as natural order, 12

foreign countries, destruction of, 55

free university education, 49

French Revolution, 24

Fukuyama, Francis, 8n

functional privilege, 42

future orientation of kings, 44

government

evolution of, 7f.

final form of, 8

government debt, 60

Hanseatic League, 65

haves and have-nots, 48

competing groups of, 49

hegemon, 58

Hobbesian state of nature, 14, 38

Hoppe as dictator, 21

imperialism, 36

monetary, 58

impoverishment of society, 50

incentives, 49f.

Industrial Revolution, 8

infantilization, 50

inflation, results of, 58

inflationary cartel, 58

Inge, Dean W.R., 8

intellectuals, role of, 37f., 40, 41, 49

Jasay, Anthony de, 10n

Jefferson, Thomas, 11

judges, 28

justice, price of, 60

Kern, Fritz, 31

king, the

as absolute, 24, 34

as monopolist judge, 30

as representing the people, 14

as subordinated to law, 31

constitutional, 24, 34

feudal, 34

final authority of, 13

powers sought by, 13

selection of, 32f.

Kingship and Law in the Middle Ages, 31

law

constitutional, 43

cost of, 35

discovered or made, 28

legislated, 43

natural, 43

quality of, 35, 60

Leviathan, growth toward, 17

Lockean homesteading, 20n

Menger, Carl, 7

Middle Ages, 12, 23, 24, 31

military-industrial complex, 55

Mises, Ludwig von, 7

monarchs, absolute power sought by, 14

monarchy

absolute, 15, 39

classical, 24

constitutional, 15, 39

money

monopolistic control of, 57

origin of, 7

monopoly

as owned by the king, 16

of ultimate decision making, 41, 63

territorial, 34

morally uninhibited demagogues, 46

natural aristocracy, 10, 11, 29

natural authorities, 10, 29

natural elites, 10, 65

selection of, 29

natural leaders, 10

new laws, role of under feudalism, 32

noble families, role of, 29f.

official capacity, acting in, 42

ownership, assignment of, 9

peace, permanent, 27n

personal privilege, exercised by a king, 41

plutocrats, 51

power elites

members of, 51

under democracy, 50f.

private law society, 63

private property, role of, 20n

privileged functions, 42

privileges, political, 16

professional politicians, role of in serving the elite, 52

progress, the superstition of, 8

progressive orthodoxy, 8

property

as antecedent to the state, 10

disputes, 9

disputes, inter-dynastic, 53

disputes, resolution of, 25ff.

“fiat,” 35

Rawls, John, 25

reason, use of, 20

redistribution of wealth and income, 48

republics, parliamentary, 24

right to life and property, lack of, 22

Romanes Lectures of 1920, 8

Rothbard, Murray, 63

scarcity, 20, 25

serfdom, 33

smaller states, role of, 64

social character of population, changes to under democracy, 47

social conflict, 9

social contract, 14, 38

Soviet Empire, 64

standard history, 31

state, the

capture of by the elite, 52

identification of the public with, 54

origins of, 23f.

powers of, 23

role of in conflicts, 22

use of by the plutocrats, 51

state aggression, externalized, 36

state rules, selection of under democracy, 45f.

Sumner, William Graham, 51

taxes, role of under feudalism, 32

theoretical history, 7

time preference, 50

true power elite, leaders of, 51

twofold myth, 38

US, international role of, 61f.

universal agreement, 28

veil of ignorance, 25

war

conduct of under democracy, 54

conduct of under monarchy, 53

motives for, 54

profits earned from, 55

total, 54

wars, monarchical, 53

World War I, 24

From Aristocracy to Monarchy to Democracy: A Tale of Moral and Economic Folly and Decay

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