The End Of Libertarianism?

Discussion in 'Politics' started by Kevin_Kennedy, Oct 21, 2008.

  1. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    How the financial collapse killed libertarianism. - By Jacob Weisberg - Slate Magazine

    This guy is fundamentally wrong about pretty much everything he talks about. He doesn't mention the Federal Reserve inflating the currency, doesn't mention how much we're spending per month on our overseas empire, and doesn't mention our national debt as causes of this crisis. He also neglects to mention that it was Libertarian's and Austrian economists who correctly identified this crisis years before it even happened. This crisis should have been vindication for Libertarian's and the free market, but too many people are believing the government's rhetoric about a "lack of regulation."
     
  2. Diuretic
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    Diuretic Permanently confused

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    He's right about libetarianism though. Outside of a text book it isn't able to exist.
     
  3. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    Care to explain?
     
  4. elvis
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    elvis BANNED Supporting Member

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    how can we know that when we haven't had it?
     
  5. William Joyce
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    William Joyce Chemotherapy for PC

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    Yes, the death of capitalism is much exaggerated. And though I sympathize with libertarianism, the biggest problem it faces is that people don't want it. They actually want lots of government programs. Whaddya gonna do?
     
  6. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    Now that I will agree with. People want to be taken care of from cradle to grave.
     
  7. Diuretic
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    Diuretic Permanently confused

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    Show me a successful libertarian society.
     
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  8. Diuretic
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    Diuretic Permanently confused

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    Well given the crisis in the global economy caused by laissez-faire economics it's not going to be seen any time soon.
     
  9. Diuretic
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    Diuretic Permanently confused

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    And why shouldn't they be?
     
  10. elvis
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    elvis BANNED Supporting Member

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    in a true capitalist society, the banks would fall on their faces.
     

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