(MONDAY, OCTOBER 16 — Even though this diary has been up for a while, I’m bumping it to the front in the hopes of renewing and expanding the discussion. It’s a good one. – promoted by odum)
I’ve always had a bit of a problem with Libertarians, kind of the same I have with ideological Socialists; their world view doesn’t seem to take into account human nature or the way the world really works. Now, I am in total agreement with social libertarianism, it’s just the economic part I’ve had a problem with, because it goes under the assumption that the free markets will somehow do the right thing if left unhindered by regulation. We don’t need a USDA; selling bad meat is bad business, so they won’t do it, or so the (il)logic goes. Somehow, I wouldn’t find that comforting when I get E. coli from that uninspected hamburger. I think that’s starting to change, as corporations now find themselves having more power than governments.
Markos, of Daily Kos fame, wrote the featured essay at the op-ed website of the libertarian think-tank the Cato Institute, called ‘The Case for the Libertarian Democrat’. In it, he lays out a compelling case for libertarian support of the Democratic party, as the Republicans have abandoned much of what libertarians hold dear, and represent a great threat to freedom, and are too in bed with the corporations to offer any kind of protection from abuses of power. There’s too many good points in the article to paraphrase here, so just go check it out here.
Even more refreshing than Kos’ commentary is Harold Meyerson’s commentary that is a response to Kos, called, ‘Democrats, Liberals, and Libertarians.’ He makes the telling point of Kos’ idea being ‘libertarianism for the real world’:
..and more particularly in 21st-century America, encroachments on privacy, personal security, and the environment are as likely, if not more likely, to come from business as they are from the state, and these are threats that require state regulation if they’re to be mitigated or dispelled…
…To argue, as a classic libertarian might, that a consumer is as free to switch banks as a bank is to sell its data neglects to note that a bank that doesn’t sell its data is at a competitive disadvantage with one that does, and a consumer who can’t find a privacy-protecting bank is simply out of luck. In short, the free play of markets can be a threat to individual freedom, unless individual freedom is a term that applies only to businesses and not to their consumers or employees or the people who must breathe their pollutants. This is something that New Deal liberals and social democrats have long understood and sought to redress. Indeed, the central insight of 20th century liberalism was that freedoms conflict, that a company’s freedom to dominate the marketplace was often in conflict with a consumer’s freedom to find a product at a fair price, or a worker’s freedom to find a decent job or form a union, or a citizen’s freedom to have an equal voice in the legislative process. And that to establish some parity of freedoms, the state had to take a hand…
…In short, as the balance of forces in capitalism shifts entirely towards investors and executives and away from employees, the need for a state that takes the burden of economic and health security off employers who won’t pick it up and employees who can’t pick it up is increasingly urgent. It’s hard to predict what exactly the tipping point will be as our private-sector welfare state continues to contract. But at some point, the Democrats will embrace a decisively larger role for the state in these matters because the public will demand it—not because the public will suddenly identify itself as liberal, but because there will be nowhere else to turn. And at that moment, I think even the Mountain State neo-libertarians will go along. After all, the New Deal didn’t arise because Americans suddenly awakened and proclaimed themselves progressive. It arose because the unchecked power and unregulated practices of major corporations and banks and the market itself led to an economic disaster.
Admittedly, Meyerson is no dyed-in-the-wool-Cato-fellow, he’s a bit of a lefty, but damn it, he makes sense. Especially to me. I’m not in favor of some big nanny-state government; I don’t believe that just because you’re an American, you’re entitled to a good life. But the tough-shit-you’re-on-your-own mentality of many Repubs and Libertarians doesn’t work for me either. What we’re talking about here falls somewhere in between.
you can read more of J.D. Ryan’s writings at Five Before Chaos.