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by mxchris2121
928 days ago
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That solution relies on a lot of things having a greater effect than they actually do. It fits the pie in the sky solutions libertarians seem to like so much. Such as high healthcare costs can be fixed by creating greater choice via lowering the barrier of entry to becoming a doctor. The free market, in fact, is not actually the solution of all of society’s ills. Unions raise wages. Anti union laws and or lack of unions results in lower wages. People also just don’t have the kind of job mobility libertarians assume. |
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- Libertarians overlook all the problems with markets that Adam Smith identified. It's as though they never read the second half of the book.
- Libertarians overlook how existing players raise barriers to entry for existing markets.
- Libertarians overlook the collusion between market players and government to share power and wealth between both.
- Libertarians make many, many, many assumptions that are demonstrably false.
At this point all we can assume is libertarians know all this, yet keep advocating for libertarianism because it is they who seek the power and the wealth. That is to say, the libertarians are the bad guys, or, they're the stupid guys.