Free-market anti-capitalism, the unknown ideal
A funny thing happened in the comments section over the weekend. First, we had a pretty wonderful discussion about the atheist closet, and about the risks and rewards of coming out as a non-believer. I did feel a little uneasy about something, but I couldn't quite put my finger on it. Then Hemant posted an anti-GOP cartoon. Reading the comments below that post made my vague unease snap into focus. This is what had been bothering me: I am out as an atheist to all of my friends and relatives, and obviously also to the community that has formed around this blog -- a group of mostly funny and insightful people of whom I've grown rather fond. But I suddenly realized that politically speaking, I've been tiptoeing around other people's sensibilities in a way that's begun to feel a little stifling. That's because (someone fetch the smelling salt, and cue the choir of hisses!)... I'm a libertarian.
How not to write about “radical” libertarians.
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Reactions have been mixed as the world reacts to the election of libertarian outsider Javier Milei as the next president of Argentina.
The relentless increase of inequality in twenty-first century America has confounded analysts from both ends of the political spectrum. While many can point to particular contributing causes, so far none of the policies that have been enacted-not just in the United States but in other advanced countries-have been able to lessen the wealth and income gaps between the top decile and the rest. Critics on the left are more forceful critics of rising inequality, and they tend to blame capitalism and the private sector. Predictably, they see solutions in government action. Many on the right worry about the issue, too, but they come from a position that is more sanguine about corporations and more suspicious of government. But as the libertarian Brink Lindsey and the liberal Steve Teles argue in The Captured Economy, perhaps all of us-left, right, and center-are looking in the wrong places for culprits and solutions. They hone in on the government-corporate sector nexus, apportioning blame not only to both forces but also to the distorted form of governance that this partnership has created. Through armies of lobbyists, corporations and the wealthy have become remarkably adept at shaping policy-even ostensibly progressive policies-so that the field is tilted in their favor. Corporations have become classic 'rentiers,' using their monopoly power of influence over highly complicated legislative and regulatory processes to shift resources in their direction. FCC policy, health care regulation, banking regulation, labor policy, defense spending, and much more: in all of these arenas, well-resourced corporate rentiers have combined to ensure that the government favors them over everyone else. The perverse result is a state that shifts more and more wealth to the already-rich-even if that was never the initial intent of Congress, the President, or the electorate itself. Transforming this misshapen alliance will be difficult, and Lindsey and Teles are realistic about the chances for reform. To that end, they close with a set of reasonable policy proposals that can help to reduce corporate rentiers' scope and power to extract excessive rents via government policy. A powerful, original, and genuinely counterintuitive interpretation of the forces driving the increase in inequality, The Captured Economy will be necessary reading for anyone concerned about the rising social and economic divisions in contemporary America.
Mississippi Republican state senator Chris McDaniel, who is challenging incumbent Sen. Thad Cochran in GOP primary made these comments on his radio show The Right Side circa 2005 and 2006.
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An authoritarian fear of difference best explains the intolerance sweeping the Republican Party.
I value many contributions libertarianism makes to challenging power. But here's why I no longer associate with it