Gustave de Molinari (; 3 March 1819 – 28 January 1912) was a Belgian political economist and French Liberal School theorist associated with French laissez-faire economists such as Frédéric Bastiat and Hippolyte Castille.

Biography

Born in Liège, Wallonia, Molinari's critique of the state sometimes resulted in his opposing causes and events which might seemingly be aligned with his overall critique of power and privilege. An example of this was the American Civil War which Molinari believed to be far more about the trade interests of Northern industrialists than about slavery, although he did not deny that abolitionism was a part of the picture.</blockquote>

Molinari supported his liberal views by citing evolutionary concepts, claiming that the "economic state" (an international commercial system) would have a complete laissez-faire. He argued this was the ultimate stage of social evolution, caused by a struggle for existence between competing commercial actors. War has been the driver of early social systems, he felt, which encouraged invention as a result. After industry developed, however, wars grew detrimental rather than beneficial, replaced with economic competition. Molinari felt this would be better, since it applied to all classes in society. As the less fit were eliminated by competition, the entire society would be raised over time. He argued competition like this would never end, but continue forever. Molinari opposed both monarchy and socialism as a result of being detrimental to this process. Acknowledging that great poverty had risen in tandem with wealth, he argued it would be eliminated through moral evolution occurring alongside the economic progress, which was necessary for it.

Influence

Some anarcho-capitalists consider Molinari to be the first proponent of anarcho-capitalism. Austrian School economist Hans-Hermann Hoppe said that "the 1849 article 'The Production of Security' is probably the single most important contribution to the modern theory of anarcho-capitalism". In the past, Molinari influenced some of the political thoughts of individualist anarchist Benjamin Tucker and the Liberty circle. The Molinari Institute directed by philosopher Roderick T. Long is named after him, whom it terms the "originator of the theory of Market Anarchism".

References

Further reading

  • Molinari Institute