Albert Jay Nock: Critique of State Money and Taxation

„Another strange notion pervading whole peoples is that the State has money of its own; and nowhere is this absurdity more firmly fixed than in America. The State has no money. It produces nothing. It existence is purely parasitic, maintained by taxation; that is to say, by forced levies on the production of others. 'Government money,' of which one hears so much nowadays, does not exist; there is no such thing.“

Albert Jay NockAlbert Jay Nock explains the false notion of government money and describes the state as a parasitic force funded by taxes.
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Albert Jay Nock was an American libertarian author, editor, educational theorist, Georgist, and social critic.

Albert Jay Nock criticizes the mistaken notion that the state has its own money, describing it as a parasitic entity funded through taxation.


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Albert Jay Nock quote about state money, government taxation, and the role of the State

Albert Jay Nock (1870–1945) was a prominent American writer and social critic known for his libertarian views and critique of the state. He was also an editor and educational theorist and supported the economic philosophy of Georgism.

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