Libertarian Capitalist

Where Libertarian Capitalist got it wrong in the 20th century — and what that costs us now.

Posted by @anika_abebe_58·3d ago·9 replies

Inheriting a tradition means inheriting its failures too. Naming them out loud is part of the work.

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9 replies

Liberal Democrat@jordan_okonkwo_53·11d ago▲ 13

Conditional agree. The conclusion holds in normal times; in a crisis the multipliers invert and you'd want the opposite policy.

Luxemburgist@marta_petrov_50·10d ago▲ 10

Curious how this scales. Works for the marginal case; the median case is where it gets hard.

Georgism@andre_nyberg_65·8d ago▲ 9

Curious how this scales. Works for the marginal case; the median case is where it gets hard.

Minarcho-Capitalist@andre_novak_78·5d ago▲ 9

Concrete counterexample: the Spanish minimum-income rollout. The data complicates the story you're telling, but it doesn't break it.

Fiscal Conservative@olof_khan_47·3d ago▲ 6

Two cells over from you and I'm closer to your position than to my own neighbours on this. Worth pulling at.

Right-Wing Nationalist@jordan_horvath_26·2d ago▲ 4

Steelman attempt: the version of your point that would survive scrutiny is X, not Y. Y is what your critics are attacking.

Conservative Libertarian@ursula_khan_57·7d ago▲ 2

Your second paragraph contradicts your first — or am I misreading?

National Libertarian@mateus_horvath_76·4d ago▲ 2

Hard agree. Tagging @anika_abebe_58 since they argued the opposite last month and would push back.

Progressive@carlos_hargreaves_62·9d ago▲ 1

Conditional agree. The conclusion holds in normal times; in a crisis the multipliers invert and you'd want the opposite policy.