The biggest issue I have with libertarians is that they never consider any regulation for the sake of sovereignty. If a company has become big enough to threaten a function of the sovereign state, it probably needs to be regulated down a peg.
There is also some things about indirect costs and some real shit ideas about social policy, but besides from that libertarians are fine.
Can you name a single company that became that big without the government picking it as a winner? At&t, Google, Facebook, Amazon, etc were all picked by the govt to win and received advantages over the free market
Corporatism ain’t Capitalism. Capitalism is a simple series of economic systems that naturally form around human behavior when they have property rights and can trade, making up things like markets, banks, investments, and so on...
Corporatism is a system by which those same systems are forcefully taken over by governments, either directly or indirectly to choose winners and losers.
Real loose definitions, but simply put govt makes economic problems worse 9 times out of 10.
The biggest issue I have with libertarians is that they never consider any regulation for the sake of sovereignty. If a company has become big enough to threaten a function of the sovereign state, it probably needs to be regulated down a peg.
There is also some things about indirect costs and some real shit ideas about social policy, but besides from that libertarians are fine.
Can you name a single company that became that big without the government picking it as a winner? At&t, Google, Facebook, Amazon, etc were all picked by the govt to win and received advantages over the free market
Corporatism ain’t Capitalism. Capitalism is a simple series of economic systems that naturally form around human behavior when they have property rights and can trade, making up things like markets, banks, investments, and so on...
Corporatism is a system by which those same systems are forcefully taken over by governments, either directly or indirectly to choose winners and losers.
Real loose definitions, but simply put govt makes economic problems worse 9 times out of 10.
Sounds like a communist command economy to me.