PROFESSOR JAMES BUCHANAN - Socialism is Dead But Leviathan Lives On

Recognizing the limits in order to avoid harm is as important as recognizing the potential that may be achieved within those limits. The organised polities of the nation-states, and the associations among those states, must be kept within constitutional boundaries. The death throes of socialism should not be allowed to distract attention from the continuing necessity to prevent the overreaching of the state-as-Leviathan, which becomes all the more dangerous because it does not depend on an ideology to give it focus. Ideas, and the institutions that emerge as these ideas are put into practice, can be killed off and replaced by other ideas and other institutions. The machinations of interest-driven politics are much more difficult to dislodge. Let us get on with the task.