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Notes -
Sure- what does liberty mean? This question quite literally isn’t rhetorical.
In this context, the unmolested enjoyment of one's Natural Rights. In particular Private Property. In particular of oneself.
The observation that monarchy can better secure such things than democracy isn't even a novelty, it dates back to Aristostle and it's the foundational belief of one of the major currents of the enlightenment. What history would come to call "the right wing" because of where they sat.
You can read Bastiat and Jefferson make very similar points to Hoppe. The characterization of that skepticism of both democracy and equality as a newfangled libertarian affabulation is without merit. It's been in a constant battle with republicanism in the hearts of people who love freedom forever.
I find it odd to claim that one's right over oneself is private property. Does that mean that you can sell the right (or have it confiscated to pay a debt)?
No. This is what it means to say that it is inalienable.
You can read Locke if you want the full extant of the argument, but natural rights being derived from self ownership is the classical Liberal position.
Some people believe in such rights being transferrable (to the State, typically), but they are on the "left wing" of the Enlightenment.
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