Libertarianism

A good post on libertarianism from The American Conservative.

The American Conservative -- Marxism of the Right

Here's a snippet.

... libertarianism has a naïve view of economics that seems to have stopped paying attention to the actual history of capitalism around 1880. There is not the space here to refute simplistic laissez faire, but note for now that the second-richest nation in the world, Japan, has one of the most regulated economies, while nations in which government has essentially lost control over economic life, like Russia, are hardly economic paradises. Legitimate criticism of over-regulation does not entail going to the opposite extreme.

Libertarian naïveté extends to politics. They often confuse the absence of government impingement upon freedom with freedom as such. But without a sufficiently strong state, individual freedom falls prey to other more powerful individuals. A weak state and a freedom-respecting state are not the same thing, as shown by many a chaotic Third-World tyranny.

tnb