capj (capj) wrote,

In anarchy, people can't build and invest

Thinking of Charlemagne's conquest by the year 800, it was positive because anarchy was ended. In anarchy, people can't build and invest, because looters or small warlords will take too much -- tax at a 100% rate.

This may be the source of the "Return of the King" myth: the land blooms when the king returns. I recall this shown near the end of the 1981 movie "Excalibur".
Tags: charlemagne, economics, history, libertarianism, mythology, people, politics, return of the king
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