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That would be an Anarchist, not a Libertarian.
Anarchists are for NO government.
Libertarians are only for government when it comes to building a military to defend the country. Other than that, they are for no regulation. I am aware that there are people who call themselves Libertarian who do not truly follow the ideals, but the ideals do not change. If you want protection, you pay for it. If you want to protect your property from fire, you pay for YOUR property, not the community's. Same with garbage pickup, your child's education, etc. A Libertarian thinks we should directly pay for any service we need and there should only be taxes paid for the military.
If you don't like a product being produced, you sue. You pay for that. The state does not prosecute in your behalf. That's their idea of how to keep tainted products off the market. If you are poor and cannot pay for private security and other services or all the law suits, you're just out of luck.
Since libertarians love "Let the market decide"...then they should be touting the virtues of ACA which requires corrupt Ins. Co's to now compete in a lottery /pool system for attractive prices to consumer.
Funny how the ideology only applies when it screws the individual, but not the CEO's.
You picked a very poor example. Remember, those that deal in drugs are the worst element in our society. They couldn't care less about ehtics. That isn't what capitalism is about.
People who engage in legitimate business, who are themselves ethical people (and remember, a code of ethics stems from our faith), do not behave as you described.
There will always be a certain number of dishonest people, and those with no scruples. But they do not define capitalism.
Capitalism isn't "greed," as liberals describe it. There is nothing immoral about the profit motive. Without profit, there is no incentive to create anything. We do things to make money. We create a new product or service to make money to provide for our familes. Even if you work for wages for someone else, that company must make a profit, or guess what? You don't have a job.
I think you need to re-examine your premise.
I'll put meth dealers below most legit businesses but not by much. The number of harmful products on the market is incredible, add in the environmental degradation to produce and distribute them and we have a sprint toward a non-nuclear apocolypse.
And your 2nd paragraph? The mind boggles at the exceptionalism and delusion of that statement.
Libertarians are only for government when it comes to building a military to defend the country. Other than that, they are for no regulation. I am aware that there are people who call themselves Libertarian who do not truly follow the ideals, but the ideals do not change. If you want protection, you pay for it. If you want to protect your property from fire, you pay for YOUR property, not the community's. Same with garbage pickup, your child's education, etc. A Libertarian thinks we should directly pay for any service we need and there should only be taxes paid for the military.
If you don't like a product being produced, you sue. You pay for that. The state does not prosecute in your behalf. That's their idea of how to keep tainted products off the market. If you are poor and cannot pay for private security and other services or all the law suits, you're just out of luck.
Wrong. Go read up on the Libertarian platform instead of making up your own definition.
You are describing anarchists who want no government.
Just a few key points of the Libertarian party platform.
Notice it does not compare to your made up definition ?
Government exists to protect the rights of every individual including life, liberty and property. Criminal laws should be limited to violation of the rights of others through force or fraud, or deliberate actions that place others involuntarily at significant risk of harm.
The rights of due process, a speedy trial, legal counsel, trial by jury, and the legal presumption of innocence until proven guilty, must not be denied.
We call for the repeal of the income tax, the abolishment of the Internal Revenue Service and all federal programs and services not required under the U.S. Constitution.
We support election systems that are more representative of the electorate at the federal, state and local levels.
I am in the middle of catching up on all Breaking Bad episodes on Netflix, and it just dawned on me that drug dealing is pure capitalism.
What gave it away?
Was it the fact that drug dealers own and control the Capital they use, or was it one of the Capitalist theorems, like Diversification & Specialization?
Quote:
Originally Posted by goldengrain
It must be a Libertarian's dream. No real restraints, just cut throat competition, regulated soley by supply and demand with a minimum of government regulation or interference.
And that has what to do with Capitalism?.....which is a Property Theory.
Nothing. What you are bleating about is the Free Market Economic System.
I'm going to have fail you in ECON 101 for your inability to distinguish between Property Theories and Economic Systems.
Aside from that, you have sole-handedly made Libertarians look like geniuses.
Capitalism and free markets are great in theory. We, and the rest of the world, should try it some time. Most businesses, most importantly smugglers and bankers, highly prefer government intervention in the markets.
Capitalism and free markets are great in theory. We, and the rest of the world, should try it some time. Most businesses, most importantly smugglers and bankers, highly prefer government intervention in the markets.
We don't have a free market system in the US and haven't for a number of decades now.
Government exists to protect the rights of every individual including life, liberty and property. Criminal laws should be limited to violation of the rights of others through force or fraud, or deliberate actions that place others involuntarily at significant risk of harm.
The rights of due process, a speedy trial, legal counsel, trial by jury, and the legal presumption of innocence until proven guilty, must not be denied.
We call for the repeal of the income tax, the abolishment of the Internal Revenue Service and all federal programs and services not required under the U.S. Constitution.
We support election systems that are more representative of the electorate at the federal, state and local levels.
Maybe the party has decided to water down the philosophy of their goddess, Ayn Rand. What you say was not initially where the philosophy stood. It was clearly that the strong and wealthy survive and the weak and ill were dregs on society. Now, my thinking is that - is the party watering down the philosophy because they know it's wrong, or is it just a way to achieve popularity so that when they come to power the public will have a rude awakening?
By the by, I have attended a few Libertarian lectures not too long ago and I even think those individuals would disagree with you. The entire gist was next to no taxes and the few that were collected would be soley for military purposes. Police might be something like neighborhood watch volunteers for people who could not afford their own security services.
We don't have a free market system in the US and haven't for a number of decades now.
Nor should we. Look at what China is going through. Poisoned and dying children. Most Chinese who have children purchase formula for children that's made in Germany or the UK if they can afford it - because their government does not adequately monitor their businesses.
Look at the collapsing buildings in India - a product of lax enforcement of regulation when these death traps were built.
Regulation is necessary. Unrestrained business is bad. It's simple.
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