This article is an edited version of Professor Hans-Hermann Hoppe’s opening address to the Fifth Annual Meeting of the Property and Freedom Society (PFS) held in Bodrum, Turkey at the Hotel Karia Princess, June 3-7, 2010. The address provides an insightful overview of various libertarian alliances and strategies over past decades, including the paleo-libertarian/paleo-conservative alliance, and reasons for its failure. Hoppe illustrates how the state has coopted even most free market think tanks into serving the state’s aims, because they are not radical enough and their principal addressee is the central government. Hoppe argues (a) that libertarians must not put their trust in politicians or get distracted by politics and (b) using the case of Pat Buchanan as an example, that it is impossible to have a lasting intellectual association with people (such as some conservatives) who are either unwilling or incapable of grasping the principles of economics.
In view of these insights and this history, Hoppe surveys the brief history of the PFS and sets out its basic purposes.
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