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State

From The Austrian Economics Wiki, the global repository of classical-liberal thought
Revision as of 20:22, 16 November 2010 by 71w3 (talk | contribs)

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]

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