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W odpowiedzi do @BNicholsLiberty @MehLibertarian
I posted this on r/libertarian and while 98.5% of the comments were positive or constructive, the one I remember the most is the one that called my concerns childish and me childish and dumb. It's tragic that the few negative interactions overshadow the many positive.
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The main flaw with capital-L Libertarianism is the almost complete lack of understanding of economics, which drives them to anarcho-capitalism. The answer is left-libertarianism. Regulate individuals less. Regulate business more.pic.twitter.com/4pid5AixQI
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Thats not free market at all. Liberty and libertarianism is based off the free market. Which is why left libertarianism isn't a real thing. At all.
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I agree for the most part, but left-libertarianism is possible if its always precursored by volunteerism. It plays on the bet that people gain a high amount of utility from giving.
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*Everything* should be voluntary. That’s the flaw in the “free market” point above yours. *We* are “the market” and to be a free market, we must be able to enter or leave the marketplace at will. 1/
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W odpowiedzi do to @RealSteveCox@PoliticalOtters i jeszcze
That means you not only need competition in the marketplace, but you have to be able to say “no” to *all* of the options and leave the marketplace. If you can’t leave, you’re a captive market, not a free market. 2/
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W odpowiedzi do to @RealSteveCox@PoliticalOtters i jeszcze
“Free market” as used by right-wing Libertarians actually means “laissez-faire” capitalism. They aren’t the same things. If you’re diagnosed with cancer, and the hospital says “that’ll be $500,000 or you die” you’re a captive market. And that is theft. 3/
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W odpowiedzi do to @RealSteveCox@PoliticalOtters i jeszcze
It’s no different than being at the ATM and someone putting a gun in your back “give me all your money.” It’s a threat of death. It’s not a *voluntary* exchange. Which is why I said Libertarians tend not to understand economics. 4/4
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A regulated business would create that exact scenario. Deregulate, allow others to get into the market. People will tell your 500k hospital to "bleep off." History shows, regulation drives up costs. Which is why healtcare is as terribly expensive as it is now.
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I explained it in full. You’re proving my point that Libertarians don’t understand economics. How much is a hot dog at 7-Eleven? How much is a hot dog at a baseball park? One is a captive market.
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