Libertarians: torch bearers for big business?
Submitted by Jock on Tue, 11/11/2008 - 02:00
You know who you are. Those liberals (in particular) who always claim that "libertarian free markets" will result in a corporate plutocracy, or that the current turmoil in world financial markets (yes, it's still going on you know!) is a result of "libertarian free markets". Here, especially for you (but of interest to others I hope too), is a brilliant explanation of how this mutualist understands that free markets benefit people, not corporations.
CORPORATIONS VERSUS THE MARKET; OR, WHIP CONFLATION NOW |
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Defenders of the free market are often accused of being apologists for big business and shills for the corporate elite. Is this a fair charge? No and yes. Emphatically no—because corporate power and the free market are actually antithetical; genuine competition is big business’s worst nightmare. But also, in all too many cases, yes —because although liberty and plutocracy cannot coexist, simultaneous advocacy of both is all too possible. |
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2 comments for "Libertarians: torch bearers for big business?".
1. Very good!
Should be compulsory [sic!] reading for Geoff Payne et al.
2. Chance would be a fine
Chance would be a fine thing!