Monday, August 10, 2009

Libertarianism 2.0

It has become a misnomer that one has to be right-wing to be a libertarian. And by right-wing I mean an advocate of privatizing all resources and institutions. But what can happen when such idealism meets reality?

"Natural" monopoly!

So if a market is to be truly free, who is there to stop such abuse of power when it occurs?

I still prefer smaller government and lower taxes (a so-called "Night Watchman" State) to say... E.U.-style Socialism, but do not think that society's problems can be solved in one sector (at present), nor think that it would be possible to never raise taxes in cases of emergency.

The best we can do for now is have a greater balance of power before we can even expect to meet all libertarian ideals, that is, to limit if not outright abolish the "initiation of force".

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