"In a free society the state does not administer the affairs of men. It administers justice among men who conduct their own affairs"

Walter Lippmann's quote emphasizes the role of the state in a free society, delineating its obligations and limitations. At its core, the declaration argues for a minimalistic function of the government, suggesting that its main function should be to uphold justice instead of handle the every day lives of people.

In a totally free society, people are delegated with the obligation and autonomy to manage their own affairs. This is rooted in the belief that individuals have the capacity to make informed decisions about their lives without excessive intervention from the state. This viewpoint aligns with classical liberal principles that focus on private freedom, individual obligation, and restricted federal government intervention.

Lippmann posits that the state's function is not to interfere in the financial, individual, or social decisions of its residents. Instead, its primary function is to act as a neutral arbiter that guarantees a fair playing field. By administering justice, the state secures private rights, enforces contracts, and resolves conflicts, therefore preserving an organized society based on the rule of law. This function is important as it supplies the trust and stability required for individuals to easily take part in their pursuits.

Additionally, Lippmann's quote shows a care versus an overreaching government, which could lead to a loss of personal freedoms and the stifling of individual effort. By focusing on justice, the state appreciates the self-reliance of its residents, guaranteeing they are devoid of unwarranted governmental interference. This approach suggests that when individuals are delegated conduct their own affairs, they are most likely to promote more development, economic development, and social progress, as they are encouraged by their own interests and desires.

In essence, Lippmann advocates for a society where freedom is protected not through detailed state control, but through a system that highlights justice, therefore enabling people to pursue their own courses while being assured of their rights and equality under the law.