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State

From The Austrian Economics Wiki, the global repository of classical-liberal thought
Revision as of 11:16, 21 May 2012 by Pestergaines (talk | contribs) (Historical bit added.)

A state is an organization that maintains a monopoly on force within a given territory over which it claims ultimate legal jurisdiction. Proponents of the state defend it with the social contract. The validity of the social contract has been questioned by many libertarians, for example Stefan Molyneux.[1]

History

As recently as A.D. 1500, less than 20 percent of the world's land area was marked off by boundaries into states run by bureaucrats and governed by laws. Today, all land except Antarctica is so divided.[2]

References