• Action Bastard@lemmy.world@lemmy.world
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    1 year ago

    You need to find yourself some Left-Libertarians.

    You’re usually looking for some type of Georgists or some flavor of small-scale Social/Communist Anarchy. Most of them are way more able to grok the concepts of things like “natural monopolies” or “Tragedy of the Commons” and other fun market failure states. They tend to focus more on the existence of the market itself as a tool for creating competition that drives innovation and efficiency while giving less lip service to the idea that just because you accumulated a bunch of capital from an idea that’s its a good idea.

    If I scam a bunch of people, I’ve gathered a bunch of capital, but that doesn’t mean I’ve actually produced anything of value for anyone. If I refined chemicals in my house and dumped all the waste in my neighbor’s pool, I’m not actually competing in an even market, because I’ve burdened my neighbor with the cost of waste remediation while I get to keep all the profit.

    • Kalcifer@lemm.ee
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      1 year ago

      You’re usually looking for some type of Georgists

      Georgism is actually a very interesting political philosophy. I hadn’t heard of it before you mentioned it in your comment. Thank you for sharing!

      “natural monopolies” or “Tragedy of the Commons”

      These are, indeed, two very important, and critical issues. When one is advocating for libertarianism, capitalism, and the like, they mustn’t be ignored.

      If I refined chemicals in my house and dumped all the waste in my neighbor’s pool, I’m not actually competing in an even market, because I’ve burdened my neighbor with the cost of waste remediation while I get to keep all the profit.

      This point doesn’t actually hold much, if any, ground, as it is fundamentally at odds with the philosophy of libertariansim. Libertarianism is about equal freedom of the individual, yes, but that does not grant one the right to burden other’s with un-consented cost.