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The 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, in fact, the coercive sector.
-Henry Hazlitt
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The 'private Sector' Of The Economy Is,

Henry Hazlitt
The 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, in fact, the coercive sector.
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Political Liberty Libertarian

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We are a mixed economy. we will remain a mixed economy. the public and private sector will continue to play a very important role. the private sector in our country has very ample scope and i am confident that india's entrepreneurs have the capacity, and the will to rise to the occasion.
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The public sector can only feed off the private sector; it necessarily lives parasitically upon the private economy. but this means that the productive resources of society - far from satisfying the wants of consumers - are now directed, by compulsion, away from these wants and needs. the consumers are deliberately thwarted, and the resources of the economy diverted from them to those activities desire by the parasitic bureaucracy and politicians.
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No individual or private group or private organization has the legal power to initiate the use of physical force against other individuals or groups and to compel them to act against their own voluntary choice. only a government holds that power. the nature of governmental action is: coercive action. the nature of political power is: the power to force obedience under threat of physical injury-the threat of property expropriation, imprisonment, or death.
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It's just the banks who are the latest target of the american socialist left. there is a war on the entirety of the private sector. it is the private sector that employs most of you, that services most of you, that creates the economic prosperity that our nation has enjoyed - and there is a war on that private sector, and it's being waged from the oval office, and its foot soldiers are on wall street and in other cities around the country.
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I define anarchist society as one where there is no legal possibility for coercive aggression against the person or property of any individual. anarchists oppose the state because it has its very being in such aggression, namely, the expropriation of private property through taxation, the coercive exclusion of other providers of defense service from its territory, and all of the other depredations and coercions that are built upon these twin foci of invasions of individual rights.
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In world war ii, the government went to the private sector. the government asked the private sector for help in doing things that the government could not do. the private sector complied. that is what i am suggesting.
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