The invisible hand of the free market will come and fix all the things! /s
If you talk to people who still subscribe to that notion, it quickly becomes clear that they value their miniscule chance to win the capitalist lottery more than the wellbeing of the many — the idea that markets balance everything to the advantage of everybody then seems to be just an excuse to be egoistic and without any care for others.
Don't get me wrong, nobody has to care for others and I am not going to be the person to force you, but if you don't care about others please stop pretending you are doing it for the greater good.
You're conflating several schools of thought. Utilitarianism, which appears to be your basis for defining ethical behavior, underlies this reasoning behind compulsory government action.
This line of thinking is often repeated in election cycles and mindless online discussions, with mantras like "We justify doing something heinous because it serves 'American Interests'" or "We'll coercively tax one group and redistribute funds to another because they'll do something dubiously for the 'greater good'".
However, Utilitarianism is not a foundational principle of libertarian ideology. In fact, libertarianism often refutes and rejects it as applied to governments. It doesn't prioritize egalitarianism or rely on public opinion when defining citizens' rights.
The argument for a free market unencumbered by protectionist policies isn't about the greater good; rather, it's an argument for an ethical government grounded in first principles.
The "greater good" argument tends to crumble under close examination and logical scrutiny. Its claims on reason collapse as soon as you scrutinize them more deeply.
Notably, Utilitarianism has been the basis for nearly all modern-day dictatorships, which rely on a monopoly of violence to enforce the "greater good".
It's possible to support free markets while still caring for others – this is called altruism. It's similar to utilitarianism but without coercion and fallacies.
I studied philosophy and ethics so you can safely assume I know my definitions. But that does not matter, as you apparently failed to read what I wrote.
Could you please paraphrase my "greater good argument" that crumbles under close examination? A examination you somehow failed to provide? Maybe you hoped people are too impressed by you use of words to recognize that you even failed to provide an argument against an strawman you created?
No offense, but the way you write makes you sound like a 15 year old teenager that figured out using smart words makes you sound smart, without any deeper understanding of or regard for the concepts at hand or the arguments made. If you want to show some argument is wrong you can't just simply claim it is, you need to demonstrate it - ideally using the very logic and examination, you seem to so highly value.
My original post was intended to clarify why I believe Libertarian ideology is distinct from and incompatible with Utilitarianism, particularly since in your response, you conflated the concept of the greater good as a core principle of Libertarian ideology. This is quite surprising given your claim to have "studied philosophy and ethics".
To address this misunderstanding, let me break down the logical fallacies I alluded to earlier:
- The "tyranny of the majority" problem: Since happiness is determined by the number of individuals, a simple majority can impose its will on the minority, potentially denying them their rights or freedoms.
- The "moral arithmetic" fallacy: This assumes that individual well-being can be measured and added up like numbers in an equation, ignoring the complexities of human experience and the difficulties of making such calculations.
- The "majority rules" fallacy: This implies that whatever the majority wants is automatically just or right, without considering the potential for mob rule, manipulation, or coercion.
- The "ignore individual rights" fallacy: By prioritizing the greater good over individual interests, Utilitarianism may lead to the trampling of human rights and dignity.
No offense, but it's worth noting that a more nuanced understanding of philosophy and ethics might be beneficial for more accurate representations of complex concepts.
I will defend utilitarianism, since I like it a lot and all your arguments against it are bad.
- The "tyranny of the majority" problem is a problem of direct democracy, not utilitarianism. Happiness in utilitarianism is determined not by a number of individuals, but by all individuals and perfect utility function must take into account both majorities and minorities and create consensus. This will only fail if majority and minority have directly opposed interests, but in this case overall good is still better this way (you don't want to deny majority people their rights too in favor for minorities).
- The "majority rules" fallacy is a problem of democracy overall. Every democracy system is vulnerable to this, not only utilitarianism. But then again, perfect utility function should take into account people's desire to not be fooled, so there's that.
- The "ignore individual rights" fallacy is the same as "tyranny of the majority". Utility function takes into account interests of all individuals and tries to create the best possible consensus.
- The "moral arithmetic" fallacy is the best one here, since it's actually close to the truth. You can't really create a perfect utility function, but you don't need to. You can create imperfect one and improve it later with feedback and democracy mechanisms. With time imperfect utility function will get closer and closer to perfect one. Profit maximizing utility function can't be calculated too, but corporations handle it just fine. But if you're not blind, you can see that profit maximizing utility function leads to a lot of real people suffering (climate change, wars, hunger, poverty and many many more) while leading to profit maximization (alignment problem).
Again: explain which argument about the greater good I supposedly made.
Ideally before you go off on a totally unrelated tangent again. Not trying to be mean here, but if you want others to understand why I am wrong a good start is to explain what my argument was.
Because it certainly wasn't: "conflating the concept of the greater good as a core principle of Libertarian ideology". But maybe to the reader your amount of projection onto my very simple statement is in itself telling.
"the idea that markets balance everything to the advantage of everybody then seems to be just an excuse to be egoistic and without any care for others."
There are two problems here:
1. You misstate and mischaracterize free-market ideology as having the pretense of being to the "advantage of everybody". It's potentially a byproduct but definitely not a first principle.
2. You cast a judgment of value on egotism and selfishness as being the true motivators behind free market proponents. Selfishness and egotism are human characteristics expressed across all ideological spectrums.
"Don't get me wrong, nobody has to care for others and I am not going to be the person to force you, but if you don't care about others please stop pretending you are doing it for the greater good." - Here is where you conflate utilitarian with libertarian ideology, especially as you label those who disagree with your view as pretenders and posers for the greater good, again misstating the position of your ideological opponent and then proceeding to cast a judgment of value on the positions they don't actually hold.
Not trying to be mean here, but have you thought about getting some reading comprehension lessons? It could really help you understand the things that you read as well as give you a more well rounded view things.
If you talk to people who still subscribe to that notion, it quickly becomes clear that they value their miniscule chance to win the capitalist lottery more than the wellbeing of the many — the idea that markets balance everything to the advantage of everybody then seems to be just an excuse to be egoistic and without any care for others.
Don't get me wrong, nobody has to care for others and I am not going to be the person to force you, but if you don't care about others please stop pretending you are doing it for the greater good.