Peter Schiff: The Ability to Steal Doesn’t Make Theft Right

By Joshua Lipana

Peter) why the mob doesn’t have a right to steal his money, and he warns Americans about the continuing assault on the wealthy.

I have no doubt that the mob has the means to steal my money, the government has given them the means, we have destroyed the protections that were afforded to me by the constitution, and yes the mob does have the means to steal from me, but that doesn't make it right. They do not have a . . . moral claim to my money.

Although Schiff is spot on in most respects here, he does erroneously say the government “has a right to tax” to fund the army and to support the government. To see how the legitimate functions of government can be financed non-coercively, read Craig Biddle’s “How Would Government Be Funded in a Free Society?”.

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