The End Of Libertarianism?

Well, as I said before, we've got Liberty candidates running for office all over the nation. They're, hopefully, going to try to fix the government from within. If you're waiting for me to say that a militia is forming to overthrow the government, I'm afraid you're going to be disappointed.

That disappointment I can put up with. Overthrowing governments by force from within, unless it's extremely necessary, is usually a bad idea.

But your Liberty candidates have a lot to get over. The current collapse around the world of the global financial system was caused by unregulated capitalism. Now, in terms of economic systems, what will the Liberty candidates be arguing for?
 
That disappointment I can put up with. Overthrowing governments by force from within, unless it's extremely necessary, is usually a bad idea.

But your Liberty candidates have a lot to get over. The current collapse around the world of the global financial system was caused by unregulated capitalism. Now, in terms of economic systems, what will the Liberty candidates be arguing for?

Well, you're wrong. It wasn't "unregulated capitalism" that caused this, because we don't have "unregulated capitalism." I think you're simply ignoring the Austrian economists and I on this fact, though I'll once again give you a link that will allow you to look into this for yourself.

Ludwig von Mises Institute - Homepage

As you've yet to explain how this system of "unregulated capitalism" caused the problem, I can only assume you're spouting the same nonsense you heard on the television. I would strongly recommend that you use the resources on the Mises website, and there are many, to look into the situation yourself.

As for what each individual liberty candidates stances are on economics, I obviously couldn't tell you. Many will, I'm sure, be advocates of free market economics, but possibly not all of them.
 
Well, you're wrong. It wasn't "unregulated capitalism" that caused this, because we don't have "unregulated capitalism." I think you're simply ignoring the Austrian economists and I on this fact, though I'll once again give you a link that will allow you to look into this for yourself.

Ludwig von Mises Institute - Homepage

As you've yet to explain how this system of "unregulated capitalism" caused the problem, I can only assume you're spouting the same nonsense you heard on the television. I would strongly recommend that you use the resources on the Mises website, and there are many, to look into the situation yourself.

As for what each individual liberty candidates stances are on economics, I obviously couldn't tell you. Many will, I'm sure, be advocates of free market economics, but possibly not all of them.

Greenspan is standing there with his mouth open doing a WTF? That's the reality of unregulated capitalism. The idea of laissez-faire capitalism just went down the toilet, reality flushed it away. Good luck with your ideologues, no-one is listening. Keynes just rode back into town.
 
Letting as many people know as possible about limited government, and there are many liberty minded people running for Congress. B.J Lawson from North Carolina's 4th district for example. I'm also a member of Ron Paul's Campaign for Liberty.

Campaign For Liberty — Home



I think he would absolutely see things the same way today. What's changed in the world that would change his mind? The American people are now under a more oppressive government than the one we broke away from in 1776, because we became complacent and let the federal government decide that it was very nearly all powerful.

So how do you appeal to people with that idea?

I need to make a point. I disagree with libertarianism as a philosophy because I really do think it atomises but I admit I'm pretty ignorant of the finer points so I'm sceptical but not blindly cynical. In other words I'm not being a prick about this as I will be to the McCain boosters.
 
Greenspan is standing there with his mouth open doing a WTF? That's the reality of unregulated capitalism. The idea of laissez-faire capitalism just went down the toilet, reality flushed it away. Good luck with your ideologues, no-one is listening. Keynes just rode back into town.

So you refuse to even listen to the other side of the argument? Despite the fact that Austrian economists predicted this crisis, when all those now screaming that the sky is falling were laughing at them telling them the fundamentals of the economy are strong? You also still give no reasons as to why "unregulated capitalism" is at fault for this crisis, which tells me, once again, that you're just repeating what you may have heard on tv. If you refuse to believe that perhaps those news casters are simply spreading the propaganda, then there really is nothing I can say to change your mind.

I would recommend this article, since you seem to have such a great opinion of Keynes. I know you won't read it, but maybe some other people will find it interesting. It basically shows how those that follow Keynesian economics differ from Austrian economics.

Austrian Economics vs. Bernanke's Economics - Gary Danelishen - Mises Institute
 
So how do you appeal to people with that idea?

I need to make a point. I disagree with libertarianism as a philosophy because I really do think it atomises but I admit I'm pretty ignorant of the finer points so I'm sceptical but not blindly cynical. In other words I'm not being a prick about this as I will be to the McCain boosters.

I'm not sure exactly what you're asking me. If you want my definition of Libertarianism then I've pretty much given that in this thread already. If you want to know more I would recommend the Libertarian Party website, but I doubt you'll go there.

Libertarian Party | Smaller Government | Lower Taxes | More Freedom

Thanks Kevin but I'm not going to read that either. Make of that what you will but right now I'm thinking about the central issue, not side issues.

This is not a side issue, this is the issue. If a doctor gives a wrong diagnosis then the patient will not get better, and will probably get worse. This is what has happened in the case of this crisis. It's your choice to ignore facts, but please don't go around spreading nonsense with nothing to back it up on.
 
So you refuse to even listen to the other side of the argument? Despite the fact that Austrian economists predicted this crisis, when all those now screaming that the sky is falling were laughing at them telling them the fundamentals of the economy are strong? You also still give no reasons as to why "unregulated capitalism" is at fault for this crisis, which tells me, once again, that you're just repeating what you may have heard on tv. If you refuse to believe that perhaps those news casters are simply spreading the propaganda, then there really is nothing I can say to change your mind.

I would recommend this article, since you seem to have such a great opinion of Keynes. I know you won't read it, but maybe some other people will find it interesting. It basically shows how those that follow Keynesian economics differ from Austrian economics.

Austrian Economics vs. Bernanke's Economics - Gary Danelishen - Mises Institute

Yes I do refuse to listen and read. Why should I read rationalisations? I can see what's happening as a result of laissez-faire capitalism. I neither want to hear nor read apologia.

As for Keynes, yes, from what I know of him (a bit) and from what I've read of his work (a little) I think he has the answers now. But I reserve my great opinion for Marx and Engels. They have the answers for the future.
 
I'm not sure exactly what you're asking me. If you want my definition of Libertarianism then I've pretty much given that in this thread already. If you want to know more I would recommend the Libertarian Party website, but I doubt you'll go there.

Libertarian Party | Smaller Government | Lower Taxes | More Freedom



This is not a side issue, this is the issue. If a doctor gives a wrong diagnosis then the patient will not get better, and will probably get worse. This is what has happened in the case of this crisis. It's your choice to ignore facts, but please don't go around spreading nonsense with nothing to back it up on.

You're right I shy away from propaganda so I won't go to the website.

But on the nonsense side. I'm not influenced by the "but you did it wrong!" arguments about laissez-faire capitalism. I've seen the same argument - "oh but they did it wrong" used to defend Stalinism and state capitalism under the Soviets. Laissez-faire capitalism can't exist in complex societies. It's fine in a textbook but in the real world, forget it.

Given the massive global failure that is happening now it would be ridiculous to try and go back and revisit the idea. It failed. Time for a new one. We are in a paradigm shift.
 
The idea of "Libertopia" that you're giving off there sounds a lot like complete anarchy, which I do not advocate. Many anarchists may consider themselves Libertarians, but not all Libertarians are anarchists.

I think the objectivist libertarians are so overboard that their "plan" to privatize everything is basically anarchy.

I do understand that many self proclaimed libertarians are basically sane, Kevin.

But anyone who thinks Ayn Rand was a scocial visionary, standing for something new is a damned fool. That woman was a feudalist, an ANTI-democrat.

The core of my beliefs are that the federal government must begin to work within it's Constitutional restraints, which are, as you know, a matter of debate themselves.

You mean like the supreme court ruling calling capital free-speech?

How about the supreme court ruling granting corporations the same rights as citizens?

Both interpretations are actually SO ANTI-DEMOCRATIC (and anit free market, too) that they are destroying this nation, in my never humble opinion

Agreed. I don't share your reverence for the Constitution. I think the basic structure of the government is sound.


In my opinion, this means that the Constitution must be taken as it is. Absolutely no trying to squeeze out what meanings may be found to fit any politician's needs, but exactly what was meant by the founders when it was written.

The constitution was vaguely written in many cases ON PURPOSE. Good luck with that so long as people keep electing either republican or democrats elites.


I agree with Ron Paul when he says that the Constitution is not perfect, but it's still very good. If we find that the Constitution is lacking in a certain area, then we are always free to amend it.

No argument with me on that score.

Here are a few other ideas that I agree with.

Non-Interventionism:
Many on this board have followed John McCain's lead, and called this philosophy "isolationism." This is ridiculous. Non-Interventionism promotes free trade with all, and diplomacy with all. George W. Bush ran on this policy in 2000, but foolishly abandoned it after 9/11. He criticized the Clinton administration for nation building and policing the world, and he now does it on a much larger scale. We have to immediately end the "War on Terror." It's an endless and un-winnable war against ill defined enemies. This war is bankrupting our nation, and we're losing our soldiers. It's time to pull out of Iraq, pull out of Afghanistan, and bring our troops home from the rest of the world as well. It's also time to stop our hostility towards Iran, stop our economic and military aid towards Israel, and begin to foster diplomacy between the two of them.

America has become an imperialist power. I think we ought to get out of the impearialism business, but we don't because the CORPORATIONS (which basically own congress_ benefit from these imperialistic wars, while the CITIZENS pay for them in blood and gold.

Economics:
You know where I stand on sound money and abolishing the Fed, and I doubt we'll come to an agreement on that anytime soon.

Odd that you say that given that I have been suggesting that we completely change the way we issue currency just as Ron Paul has.

Where Ron and I disagree is that we cannot go on a gold standard. that dog won't hunt in a modern society.

But for starters, the Fed must stop inflating our money and they need to realize that the free market is better suited to handle our economic woes than they are.

The FED is an animal of the free market, Kevin.

It is not entity controlled by our GOVERNMENT. It is the entity which controls our goverment Don't you understand that, yet?

The FED is OWNED by PRIVATE banks (the so called free market) and it serves to protect that banking elite as you have just witnessed with this so call "bail out".

Civil Liberties:
Repeal the Patriot Act and FISA Amendments immediately.

Grand idea. But the laws that actually take away our constitutional rights are in the anti-drug and RICO laws.

I suspect you and I are closer in spirit than you think.

Its merely the details were we disagree...for example what is the FED, and who runs it?

What is the "free market" and can it really exist in the way you seem to think it can?

But what we BOTH want from any government is essantially the same thing, I think

I often find this similarity in philosophies with libertarians once I can get past the "you're a socialist and I love freedom and you don't" kneejerking madness that plagues these boards.

But I'll tell you one thing, Kevin.

What's wrong with this nation cannot be fixed with mere changes in the tax codes and a strict interpretation of the constitution either.

And the FREE market cannot fix it because there is not now nor can there ever really be a FREE market as long as the superwealthy can essantially OWN the government that makes the rules of the market and makes those rules to benefit CAPITAL at the expense of the CITIZENS.

There is no form of government less likely to grant you or I freedom that what is currently passing as the FREE MARKET (which I insist is really a SLAVE MARKET)

It's FREE MARKET forces (the SLAVE MARKET) which are making us an imperialistic power in foreign policies and a POLICE STATE in domestic policies, amigo.

They lie and lie and lies and they call what they do by very noble sounding words but when you look at the outcomes they all lead to imperialism, and oilgarchies controlled by BANKERS.

They just ripped us off for over a TRILLION dollars, amigo.

Who is they?

Those FREE MARKETEERS which are privately owned banks.
 
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Yes I do refuse to listen and read. Why should I read rationalisations? I can see what's happening as a result of laissez-faire capitalism. I neither want to hear nor read apologia.

As for Keynes, yes, from what I know of him (a bit) and from what I've read of his work (a little) I think he has the answers now. But I reserve my great opinion for Marx and Engels. They have the answers for the future.

I haven't linked you to any rationalizations, I've linked you to facts. You can see what's happening, but you incorrectly label laissez-faire as the culprit. You also can't tell any of us how laissez-faire led to this crisis.

You believe Keynes has the answer, despite those who follow his theory not being able to predict this crisis long beforehand? The Austrian's saw this coming.

Since you have a high opinion of Marx and Engels, are you a socialist?
 
I haven't linked you to any rationalizations, I've linked you to facts. You can see what's happening, but you incorrectly label laissez-faire as the culprit. You also can't tell any of us how laissez-faire led to this crisis.

You believe Keynes has the answer, despite those who follow his theory not being able to predict this crisis long beforehand? The Austrian's saw this coming.

Since you have a high opinion of Marx and Engels, are you a socialist?

No Kevin. There are no libertarians in government anywhere. It's a nutty theory. Keynesian theory will sort out this current mess on a temporary basis. Unfortunately that will mean, crisis over, business as usual and so on. Kondratiev cycles. Until we all work out the system is screwed we'll continue to do it every x years or so.

I do have a high opinion of Marx and Engels. Yes, I am a socialist, not a very good one but nonetheless a socialist all the same.
 
I haven't linked you to any rationalizations, I've linked you to facts. You can see what's happening, but you incorrectly label laissez-faire as the culprit. You also can't tell any of us how laissez-faire led to this crisis.

Laissez-faire economics certainly cannot be blame for this crises.

But people claiming to support that concept (but who really do NOT) can.

Deregulating those people is PART of the problem and it was those insiders saying they wanted Laissez-faire economics applied to banking which made this possible.

But it also took the FED, greedy banks, lying bond rating agencies, too.

Take our any ONE of those factors, and this RICO crime could not have happened


You believe Keynes has the answer, despite those who follow his theory not being able to predict this crisis long beforehand? The Austrian's saw this coming.

So would have Keynes and Galbraith.

EVERY competent honest economist saw this coming. Nothing special about the Austrians in that respect.

I saw the real estate market collapsing for years.

How?

The cost of real estate and incomes of the people cannot possibly get as far out of kilter as it got for the cost of real estate NOT to have been a bubble.

What is a sane cost of housing to incomes? The average house cannot cost more than 1.5 years average income.

We reached a stage where the average house cost 5 years average salary before that bubble burst.

Please stop buying into the left/right commie capitalist framing of this problem.

You are being mislead if you think that ONLY the AUSTRIAN school of ECON. saw this coming.


You and I (and 99.999% of the world) are BOTH outsiders regardless of the minor issues that these propagandists have turned into majors ones.
 
Editec, excellent post. I agree that libertarianism has at its heart the same fantasy as communism. It's those pesky people who get in the way of material ideology.

"Capitalism [Libertarianism] is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone." John Maynard Keynes


I am reading this now and it is amazing how much Hoover and the republicans then are similar to the republicans today.

[ame=http://www.amazon.com/Great-Depression-New-Deal-Introductions/dp/0195326342/ref=sr_1_12?ie=UTF8&s=books&qid=1224849799&sr=1-12]Amazon.com: The Great Depression and the New Deal: A Very Short Introduction: A Very Short Introduction (Very Short Introductions): Eric Rauchway: Books[/ame]


Why I Am Not a Libertarian

"The conclusion I draw is that like most human belief systems, libertarianism mixes practicality with some idealism unrelated to human nature. Therefore, as much as I sympathize with most of the diagnoses and some of the prescriptions, I am not a libertarian."
 
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I bet you wouldn't if you sat and thought about it. I think you have an idea of the past that isn't congruent with reality. I don't mean that to sound snarky. Let me put it this way. If someone from US 1876 could swap places with someone in US 2008 (equal social status) then I think there would be two people fighting to say in US 2008.

Well you can claim to know how someone else would feel, but you don't.

Someone in 1876 would probably be crazy about the idea of today's society and technology. I, on the other hand, after personally living in it for 28 years, would give it up in a heartbeat to live in that time. I'd go a little farther back then 1876 though. I'd be content with running water as my only luxury.
 
Okay, I agree.

We could easily become more libertarian.

Where do we start?

Kill the U.S. Dept. of Education.

It's not even remotely related to anything in the Constitution. It never educated anyone. Education is supposed to be local ,and at the very most, state. The founding fathers never, never would have gone for it.

But you know what?

It'll never happen. We're only going to add MORE branches of government. Government is like a ratchet: it only moves in one direction. Up. The only way it shrinks is when it explodes.
 
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At times he probably was, but do you think he would see things the same way today? I mean the young nation had just wrested its freedom from the most powerful empire the world has known, so I suppose he was very wary of the power of government (but you also have to see his view of government as being naturally oppressive, given the times). But I think even Jefferson, as erudite a man as he was, would see government differently now - but that is a totally hypothetical position by me.

look how bush and cheney have abused their power? look at Valerie Wilson. (if you aren't familiar with that situation, I'll fill you in) . we should give the government more leeway? it's just a frightening thing to contemplate. at least in america it is. what is the government like in australia?
 
Government here is much like government anywhere. Too much corruption, too much negigence and incompetence, too many jobs for the boys and girls, too many lazy bastards, too many thick bastards, too many time-serving idiots....just like government anywhere :D
 

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