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by rayiner
4513 days ago
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American libertarianism predates libertarian socialism or anarchist libertarianism. Its rooted in the thinking of Thomas Paine, etc. In any case, its what the word means in American speech. Just like "biscuit" is a fluffy soft baked good and not a cookie. |
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The term "Libertarianism" was appropriated in the mid 20th century by radical capitalists and completely eviscerated of its meaning. They turned a blind eye to the authoritarianism and centralized power of corporations. Even Adam Smith (another classical libertarian, pre-capitalist thinker) warned about this.