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In the video, Hans-Hermann Hoppe discusses the role of the state in society and the benefits of having a monopolist of law and order. He points out that the state is not just like any other monopoly, and that its definition of property and protection will constantly change in favor of the state's advantage. He also argues that the idea of some eternal and immutable law that must be discovered will completely disappear and be replaced by the idea of law as legislation that is arbitrary and state-made.
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