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Forum Post: Debunking Libertarian Myths pt. 3

Posted 2 years ago on July 10, 2012, 2:43 p.m. EST by struggleforfreedom80 (6584)
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Myth #5:

”In an unregulated capitalist society, people are free to quit their jobs and create their own business”

Well, the thing is that in order to start a business in a capitalist society, you very often need capital – preferably a lot of capital – in order for it to have a realistic chance of being successful. So that means that, yes, if you’re rich and wealthy it is relatively easy to create “your own business” in a capitalist economy. On the other hand, if you’re poor or an “average Joe” however, the chances of succeeding are not very high.

Many are also in a situation in which they have a mortgage for example, or small children that depend on the current income, so just quitting and trying to create a new business means taking a very serious risk - a risk that many naturally would find pretty undesirable. There’s of course the option of working to create this business while at the same time keeping the current job, but it doesn’t take a genius to figure out that at least in a little longer term perspective, that would be such a hard task, take up so much time and effort, and would create such a strain that it would, to most individuals, not work for very long.

Again it all comes down to the wealth concentration. One’s access to resources is vital in terms of the actual choices and freedoms you have in this type of economy. The more wealth and recourses you have, the more power, choices and freedom you have, including in regards to creating your own business.

Myth #6:

”An unregulated capitalist system is the most moral society and is best suited human nature”

This one is also often heard from the evilest of the evil, the supporters of one of the most vicious philosophies of all times: the randists, a.k.a. the so-called “Objectivists” (ironically being as far from objective as one could get)

Well, whoever they are, whether they’re libertarians or randists or whatever, they’re way off.

Last December I wrote an article called ”Human Nature and Libertarian Socialism” arguing that human nature is best suited, not the ideas of libertarians and randists such as greed and egocentrism, but the opposite: egalitarianism, solidarity and mutual aid. I could of course have copy-pasted the article into this ows-forum post, but I choose instead to link to the actual article. That way you’ll also be introduced to an interesting debate between Chomsky and Foucault. Here’s the link: