Rather than getting into a quote war, I thought it would best to throw all of my thoughts about the Libertarian party into one large post. In case you dont already know, I consider myself a Conservative. My objective is not to bash Libertarianism (or glorify Conservatism for that matter), but to expose some its shortcomings and contradictions both as an ideology and as a political philosophy. To be fair, I have decided to devote the first part of the essay to explaining what Libertarianism is.
A lot of what is contained in the essay will be in response to some of the previous posts, though, without the actual quotes.
Libertarianism is a political philosophy that holds that individuals should be allowed complete freedom of action as long as they do not infringe on the freedom of others. This is usually taken by libertarians to mean that no one may initiate coercion against the person or external property of another. "Coercion," to Libertarians, refers to physical force, the threat of force and the use of fraud; any action that is not affected by the influence of these mechanisms is considered to be "voluntary." Libertarians also believe that governments should be held to the same moral standards as the individuals of which they are composed. As a result, they oppose governments imposing norms (aside from forbidding coercion) through force, even if acting based on a majority vote. Thus, they oppose all restrictions and penalties for what they consider to be victimless crimes.
As far as economics are concerned, Libertarians believe in the free market system. They believe that everything should be privately or corporately owned -- and that financial and economic decisions should not be made by a centralized governmental organization. Speaking of centralized government, Libertarians are vehemently opposed to any form of government; that is to say with the exception of police, which they believe will protect citizens from force by one another by way of enforcing property rights; the military, which protects citizens from perceived initiations of force originating from outside their society; and lastly the courts, which check law enforcement and mediate civil disputes.
It is important to note that not all Libertarians are one in the same. There is no consensus among Libertarians about how much government is necessary and whether there is a right to be defended by others. Hence, Libertarians are divided between the minarchists, who believe the existence of a state to be moral or necessary and the anarcho-capitalists, who do not. The minarchists believe that a minimum amount of government is necessary to guarantee property rights, economic and civil liberties, and that the proper function of government is limited to that purpose. For them, the legitimate functions of government might include the maintenance of the judicial system, the police, the military, and perhaps a few other vital functions (like public roads for example). The anarcho-capitalists, believe that even in matters of justice and protection, action by competing privately-responsible individuals (freely organized in businesses, cooperatives, or organizations of their choice) is preferable to government serving in these functions.
If you want to know more about the Libertarianism go to
http://www.lp.org and look up their political party platform. Now, to start the essay:
By now, I think that is has been established that Libertarians concede that ones freedom should be curtailed if someone violates the rights of another. From what Ive seen, however, they radically underestimate how easily this can happen. Consider this example: Libertarians contend that violence in the media should be allowed (as people have a right to view what they want) because if someone doesnt like it, they can choose not to view it. However, what they cannot do is choose whether or not to live in a society that has been corrupted by it. To say that if you don't like the popular culture, then turn it off, is like saying if you don't like the smog, stop breathing.
Some Libertarians also have a hard time living up to their own ideals -- they choose to take all the benefits while at the same time ignoring the more difficult parts. For example, before I graduated high school a discussion about political parties came up. When asked, a classmate of mine said he considered himself a Libertarian. In retrospect (because at the time it had little to no meaning to me) I find this to be ironic considering the fact that this person was going to a PUBLIC school -- a government benefit. This classmate is not the only example, though. There are many so-called Libertarians out there who flout existing drug laws, yet at the same time continue to use government services.
My question is this: Is society really wrong to protect people against the negative consequences of absolute freedom? While it is obviously fair to let people enjoy the fruits of their wise choices and suffer the costs of their foolish ones, decent societies set limits on BOTH of these outcomes. People are allowed to become billionaires, but at the same time they are taxed. They are allowed to go broke, but are not forced to starve to death. It is my belief that we must be deprived of the most extreme benefits of freedom in order to spare us the most extreme costs of freedom. The Libertarian way would make for a magnificent society, but also a ruthless, callous, malevolent one as well.
As it stands, the majority of people do not want absolute freedom -- which explains why democracies do not elect Libertarian governments (and never will). If Libertarians ever gain even a modicum of power, expect to see many weird policies. Many Libertarians support the elimination of government-issued money in favor of that minted by private banks. This has been tried before (even in the United States for some time) and does not exactly lead to anything good. There was an explosion of fraud and currency degradation followed by the concentration of financial power in those few banks that did survive (read: monopolies -- more on this later). Is it any surprise, though that the top 3 richest nations in the world (excluding the EU because it is a confederation of nation-states) are the United States (mixed-capitalist), China (socialist moving towards mixed-capitalism), and Japan (mixed-capitalist)?
One of the many problems with Libertarianism can be traced back to their political party platform found here:
http://www.lp.org/issues/platform/platform_all.html They seem to want to time travel back to a time when discrimination was popular:
The right to trade includes the right not to trade -- for any reasons whatsoever. The right of association includes the right not to associate, for exercise of this right depends upon mutual consent.
That's "rights" according to Libertarianism. Whites-only lunch counters, "we don't serve your kind here", "No Blacks need apply", "This is man's job", etc. All of this is a "right of association" in the Libertarian ideology. Thats not to say that Libertarians are racists or sexists, but the attitude is as clear. Drinking from the wrong water fountain would presumably be "initiation of force", allowing for retaliation of force to throw out the rebel.
Another problem with Libertarianism is their philosophy concerning children:
Children are human beings and, as such, have all the rights of human beings.
We recognize that children who have not reached maturity need guardians to secure their rights and to aid in the exercise of those rights. We hold that guardianship belongs to those who most love and value the child and his or her development, normally the parents and never the state.
We oppose all laws that empower government officials to seize children and make them "wards of the state" or, by means of child labor laws and compulsory education, to infringe on their freedom to work or learn as they choose. We oppose all legally created or sanctioned discrimination against (or in favor of) children, just as we oppose government discrimination directed at any other artificially defined sub-category of human beings. Specifically we oppose ordinances that outlaw adults-only apartment housing.
We also support the repeal of all laws establishing any category of crimes applicable to children for which adults would not be similarly vulnerable, such as curfew, smoking, and alcoholic beverage laws, and other status offenses. Similarly, we favor the repeal of "stubborn child" laws and laws establishing the category of "persons in need of supervision." We call for an end to the practice in many states of jailing children not accused of any crime. We seek the repeal of all "children's codes" or statutes which abridge due process protections for young people. We further favor the abolition of the juvenile court system, so that juveniles will be held fully responsible for their crimes.
Whenever parents or other guardians are unable or unwilling to care for their children, those guardians have the right to seek other persons who are willing to assume guardianship, and children have the right to seek other guardians who place a higher value on their lives. Accordingly, we oppose all laws that impede these processes, notably those restricting private adoption services or those forcing children to remain in the custody of their parents against their will.
Children should always have the right to establish their maturity by assuming administration and protection of their own rights, ending dependency upon their parents or other guardians and assuming all the responsibilities of adulthood.
Apparently childhood does not exist. So now we will take a tour of a child's world in a Libertarian society. First, kids go to school. Paragraphs one and three of the quoted Libertarian Party platform on education are vital to schooling. Paragraphs two and four deal with their "temporary" measures to be enacted until the entire platform can be put into effect.
EDUCATION
We advocate the complete separation of education and State. Government schools lead to the indoctrination of children and interfere with the free choice of individuals. Government ownership, operation, regulation, and subsidy of schools and colleges should be ended. We call for the repeal of the guarantees of tax-funded, government-provided education, which are found in most state constitutions.
We condemn compulsory education laws, which spawn prison-like schools with many of the problems associated with prisons, and we call for an immediate repeal of such laws.
The immediate outcome is that all kids whose parents could not afford private schools would immediately be without an education. The Libertarians try to counter this by saying charity "could" (but there are no guarantees) provide education for these children. Another effect is that children of parents that could afford private schooling would still not be guaranteed an education -- thanks to the partys repeal of all mandatory education laws. Parents who choose (because remember, its their right to) not educate their child would be under no obligation to do so. It is my belief that a good education is the base of any advanced civilization. Destroying the modern education system is part of reverting back to a more primitive state more conducive to anarchy.
So now the children are out of school, how will they spend their days? Working of course! Below is quote dealing with Poverty and Unemployment. This is the paragraph that I think most affects children.
POVERTY AND UNEMPLOYMENT
We support repeal of all laws that impede the ability of any person to find employment, such as minimum wage laws, so-called "protective" labor legislation for women and children, governmental restrictions on the establishment of private day-care centers, and the National Labor Relations Act. We deplore government-fostered forced retirement, which robs the elderly of the right to work.
If you have no government regulation at all (look at England's labor laws circa 1800) corporations will hire kids/workers for pennies a day just because they'll work for it. Removing all of the "protective labor legislation for women and children" is detrimental to children. Libertarians also insist that children should be free to work wherever they wish -- almost as if theyre pushing children to work in mines, factories etc. Like the past, the Libertarian future society will have no workplace safety laws, a 60 or 70 hour work week instead of a 40 hour week and ZERO minimum wage. Assuming a child does not want to work in factories or mines there is always the lucrative and rewarding life of prostitution waiting for them. Below is their political platform of Victimless Crimes:
VICTIMLESS CRIMES
Because only actions that infringe on the rights of others can properly be termed crimes, we favor the repeal of all federal, state, and local laws creating "crimes" without victims. In particular, we advocate:
* the repeal of all laws regarding consensual sexual relations, including prostitution and solicitation, and the cessation of state oppression and harassment of homosexual men and women, that they, at last, be accorded their full rights as individuals;
* the repeal of all laws regulating or prohibiting the possession, use, sale, production, or distribution of sexually explicit material, independent of "socially redeeming value" or compliance with "community standards"
We demand the use of executive pardon to free and exonerate all those presently incarcerated or ever convicted solely for the commission of these "crimes." We condemn the wholesale confiscation of property prior to conviction by the state that all too often accompanies police raids, searches, and prosecutions for victimless crimes.
Their all-inclusive demand for "the repeal of all laws regarding consensual sexual relations" by default includes the age of consent. Child prostitution and pornography are just part of the everyday life of a child's future, at least if these people get their way. Incidentally child molestation would disappear because Libertarians consider it molestation ONLY if it is forced upon a child. They believe in this so much that convicted child molesters would be released from prison. Currently they believe that any child that is seduced is not being molested but is exercising their "freedom".
Speaking of freedom, I would like to reiterate the fact that people (in general) are willing to accept limitations on our freedom for many reason. Take for example this extreme hypothetical case (since some members like to talk about extremes -- you know who you are): public exhibitions of necrophilia. In our current society this is OBVIOUSLY not permitted, but according to Libertarian principle they should be. The Libertarian argument: A corpse has no interests and cannot be harmed, because it is no longer a person; no member of the public is harmed if one has agreed to attend such an exhibition; and those who are opposed to it should simply avoid these types of exhibitions. Our current determination to prohibit such exhibitions would not change even if we discovered that millions of people wished to attend them or even if we discovered that people were already were attending them illegally.
![Sick :ill: :ill:](/wp-content/themes/gtp16/images/smilies/ill.svg?v=3)
The fact that the prohibition represents a restriction of our freedom is of no consequence in a situation such as this. The fact of the matter is, it is just plain sick.
The same, however, can be said about drugs -- which Libertarians strongly advocate the legalization of. It might be argued that the freedom to choose among a variety of intoxicating substances is a much more important freedom than necrophilia and that millions of people just have innocent fun from taking stimulants, depressants, and narcotics. Drug addiction has the effect of reducing a persons freedom by limiting the range of their interests. It limits their ability to pursue much more important human aims, such as raising a family and fulfilling community obligations. It often limits their ability to pursue jobs as well. One of the most striking characteristics of drug takers is their intense and tedious self-absorption. Drug taking is really a lazy mans way of pursuing happiness and this shortcut really turns out to be a dead end. As a society, I think we would lose remarkably little by not being permitted to take drugs. The idea that freedom is the ability to act upon ones every whim is narrow and doesnt even begin to capture the complexities of human existence; a person whose insatiable appetite is his/her law does not make you liberated but enslaved. And when such a narrow freedom is made the benchmark of public policy, it will mark the beginning of the end for our society. I apologize if that sounds alarmist, but that is my belief. No culture that makes publicly-sanctioned self-indulgence its highest good can survive: a radical egotism is bound to ensue, in which ANY limitations upon personal behavior are experienced as infringements of basic rights -- it WILL be anarchy -- plain and simple.
While Im on the topic of rights and force, a question has been bothering me for some time now when faced with the issue of force. In order to help you understand where Im going with this I want to revert back to quote from the beginning of the essay:
no one may initiate coercion against the person or external property of another. "Coercion," to libertarians, refers to physical force, the threat of force and the use of fraud
Libertarians, from what Ive read/seen/heard practically demonize the concept of force. It is my belief, however, that force in and of itself is NOT at all evil. Parents ultimately must use force on the people whom they love most -- their children. They may start with a little persuasion or reprimand, but no parent [especially my parents] would hesitate to yank his/her young child from an open window if it were necessary. It is my belief that anyone who thinks force (even government force) is always wrong, does not or cannot believe in doing right. The view that the government represents a serious threat to freedom seems to me to represent a shallow and unilateral view of politics. A strong government IS necessary to preserve individual liberty and as such, the two are not mutually exclusive -- despite what Libertarians try to espouse.
I urge all who read this to SERIOUSLY consider [and answer] this question:
Imagine if a very close friend of yours is suicidal. They just broke up with their boyfriend/girlfriend, lost her job, had been drinking heavily, and is severely depressed. If you knew they would feel better in the morning, would you physically restrain them from killing them self?
Now that I have exhausted the philosophical and sociological arguments concerning Libertarianism, it is time now to move on to economics:
The Libertarians present themselves as the liberators of our economic system. The business community recognizes that the implementation of the economic demands of the Libertarian Party would destroy any modern industry base and economy. It is for this major reason that the Libertarians have been rejected by business. The answer to why our business leaders have rejected the Libertarian Party is found within their party platform. First lets take a look at one portion of their platform, Inflation and Depression. These two paragraphs are the major parts of their demand to end the current orderly banking system.
We favor free-market banking. We call for the abolition of the Federal Reserve System, Federal Deposit Insurance Corporation, the National Banking System, and all similar national and state interventions affecting banking and credit. Our opposition encompasses all controls on the rate of interest. We also call for the abolition of the Federal Home Loan Bank System, the Resolution Trust Corporation, the National Credit Union Administration, the National Credit Union Central Liquidity Facility, and all similar national and state interventions affecting savings and loan associations, credit unions, and other depository institutions. There should be unrestricted competition among banks and depository institutions of all types.
and
Pending its abolition, the Federal Reserve System, in order to halt inflation, must immediately cease its expansion of the quantity of money. As interim measures, we further support:
a. the lifting of all restrictions on branch banking;
b. the repeal of all state usury laws;
c. the removal of all remaining restrictions on the interest paid for deposits;
d. the elimination of laws setting margin requirements on purchases and sales of securities;
e. the revocation of all other selective credit controls;
f. the abolition of Federal Reserve control over the reserves of non-member banks and other depository institutions; and
g. the lifting of the prohibition of domestic deposits denominated in foreign currencies.
The implementation of the above quotes would be disruptive to the current banking system. The very things the Libertarians object to in our current system are the things that keeps the banking system working in an orderly and reasonably secure manner. Being anarchists, of course, the Libertarians feel compelled to insist on a system that has its own self destruction built in rather than safeguards against any foreseeable failures. For example: The function of the Federal Reserve is to provide the nation with a safer, more flexible, and more stable monetary and financial system. The FDIC protects YOUR savings account up to $100,000. Lets say the Libertarians do get there way here, now that the they have systematically destroyed banking, one would be inclined to think people would still manage to make transactions with money -- WRONG. Despite the feeble attempt Libertarians make portraying themselves as ultra-Capitalists their anarchist hearts demand that money also be outlawed as money is a device that is used in an orderly society and by their nature anarchists hate money.
We recognize that government control over money and banking is the primary cause of inflation and depression. Individuals engaged in voluntary exchange should be free to use as money any mutually agreeable commodity or item, such as gold coins denominated by units of weight. We therefore call for the repeal of all legal tender laws and of all compulsory governmental units of account. We support the Right to private ownership of and contracts for gold. We favor the elimination of all government fiat money and all government minted coins. All restrictions upon the private minting of coins should be abolished so that minting will be open to the competition of the free market.
and
To complete the separation of bank and State, we favor the Jacksonian independent treasury system, in which all government funds are held by the government itself and not deposited in any private banks. The only further necessary check upon monetary inflation is the consistent application of the general protection against fraud to the minting and banking industries.
I was a bit puzzled when I saw the phrase fiat money so I had to look it up. Fiat money is legal tender (paper currency, in this case) authorized by a government but not based on or convertible into gold or silver.
The outlawing of money would leave only a system of barter. People trading goods and services for bits of metal, being copper, gold, sliver, platinum or scrap iron. The many different coins would, of course, create a field day for counterfeiters! Nobody would be able to know that if the coin they received had the pure metal content it claimed or was an alloy of other metals. Nothing would be priced in dollars and cents anymore, but as so many ounces, or fractions of ounces, of some metal. When you get an US minted coin you know what you are getting. However, in the Libertarian model the lumps of metal could be minted by any number of millions of corporations, businesses, organizations or individuals. Conducting business on a large scale would face similar problems. In fact, rather than limiting inflation, if someone decided to create mass quantities of coins inflation would rage out of control -- at least for that particular coin.
Without government-issued money modern business could not operate, which is one more reason the business community has rejected the Libertarian Party.
The Libertarians view of monopolies is equally destructive.
MONOPOLIES
We condemn all coercive monopolies. We recognize that government is the source of monopoly, through its grants of legal privilege to special interests in the economy. In order to abolish monopolies, we advocate a strict separation of business and State.
Now the rational reader can see "that government is the source of monopoly" is nonsense. Sure there are businesses where government has given an exclusive franchise to conduct certain businesses such as electricity, gas service, etc. have worked well with this type of arrangement which is one of the things the Libertarians object to. The rational reader also knows that it is the nature of businesses to attempt to monopolize the market and that the "strict separation of business and State" will not abolish monopolies. In a pure market economy firms will compete, collude, spend monopoly rents, etc. to try and maximize profits as much as possible. Certainly there are a few industries that are dominated by large players who, in the absence of regulation (antitrust, pollution control, etc.) will collude, merge, set predatory pricing, act as discriminating monopolists/monopsonists, will pollute more and dump waste wherever. I will point out that firms rarely take any action where costs outweigh benefits in the long run, even if that's true in the short-run; And since officers of the corporation are trying to maximize share value and profits, any action that diminishes those values is either short-sighted or illogical. Basically, though the number of monopolies are likely to increase, it may or may not come to a point where a single company produces everything.
In other parts of this platform the Libertarians make reference to accepting such business monopolies by saying things like:
We call for the repeal of all anti-trust laws, including the Robinson-Patman Act, which restricts price discounts, and the Sherman and Clayton Anti-Trust acts. We further call for the abolition of both the Federal Trade Commission and the anti-trust division of the Department of Justice.
However, there are other types of business monopolies granted by government legal privilege that would be abolished resulting in the final Libertarian blow to modern economics. There are two forms of government granted monopolies the Libertarians intend to outlaw. This section is the part the Libertarians get their claim that "government is the source of monopoly, through its grants of legal privilege to special interests in the economy".
Copyrights are one form of government grants of legal privilege covered by the blanket demand of the Libertarians. The attitude expressed by Libertarians is that words cannot be owned. In addition to ending copyrighted reading material it would also end copyright protection for computer software. Another modern industry that would no longer be able to function. The reason is because anyone can copy software, disassemble, alter the code, then resell it for a profit. This would undermine the big business that Libertarians claim to be in favor of. Patents are the other less obvious form of government grants of legal privilege that the Libertarian Party would bring an end to. Companies would be able to manufacture and sell their products but be unable to stop others from copying the product and selling it under their own label. The attitude expressed by the Libertarians is that products (property) produced by a company would be protected by the law (property laws). A design, they contend, is an idea and that it is impossible to own an idea as an idea is not property.
I would like to end the economic discussion with this final platform flaw. As a stock trader I find this law particularly insidious.
Finance and Capital Investment
The Issue: Government regulation of capital markets inhibits investment, and creates marketplace advantage for those with political access, through exemptions to laws against fraud and breach of contract.
The Principle: Free markets should operate unhindered by government regulation, while government should punish fraud, theft and contractual breach without exception.
Solutions: We call for the abolition of all regulation of financial and capital markets. What should be punished is the theft of information or breach of contract to hold information in confidence, not trading on the basis of valuable knowledge.
Transitional Action: We call for the abolition of the Securities and Exchange Commission, of state "Blue Sky" laws which repress small and risky capital ventures, and of all federal regulation of commodity markets. We oppose any attempts to ban or regulate investing in stock-market index futures or new financial instruments which may emerge in the future. We call for repeal of all laws based on the muddled concept of insider trading. We support the right of third parties to make stock purchase tender offers to stockholders over the opposition of entrenched management, and oppose all laws restricting such offers.
They make it quite clear that insider trading is OK.
I would to conclude this with a comparison between Conservatism and Libertarianism. The Conservative believes that order is the first priority of society, for it is only within the framework of an enduring social order that a true and lasting liberty may be attained. Libertarians possess an ideology of extreme individualism which repudiates that life has any meaning other than the gratification of the ego. They envision a utopia of individualism where people only exist for themselves -- selfishness is a virtue, says the Libertarian. Conservatives recognize the fact that the social unit is not the individual but the group -- autonomous groups such as family, church, local community, neighborhood, college, the union, etc. These groups intermediate between the individual and the government and THAT is what helps to preserve social order. Both Conservatives and Libertarians support the free market economy, but they differ in the degree of their devotion. Many Libertarians worship capitalism as if it were some kind of religion (ironic isnt it as most Libertarians are atheists) -- in fact, many have no trouble replacing the cross with a dollar sign. Libertarians do not limit their fanaticism for the market to the economic arena. They believe the market is a principle to be applied to all facets of life and social problems. It is clear that Libertarians see freedom as the most important value. Conservatives on the other hand see freedom as one of the most important values, but they recognize that NOTHING should get in the way of doing the right thing. Finally, Libertarianism seems to have a lot to say about liberty and freedom but little about learning how to handle it. What good is freedom without judgment, though? It is my belief that Libertarianism cant answer this question because at its core is the belief that all free choices are equal (for example the choice between driving drunk, or going to church). It cannot throw away this belief without first acknowledging the fact that there is more to life than just freedom -- like family, society, security, and prosperity.