LT for the Truth
Member
- Joined
- Jan 9, 2008
- Messages
- 166
Basically, a poster from another thread challenged Ron Paul & his libertarian outlook. I'll admit, I don't know much about libertarianism but I agree with Ron more than any other candidate, by far. So, any help is appreciated as I attempt to sway more support for our causes
He said libertarianism is stupid, here's a clip.
My response
His rebuttal
He said libertarianism is stupid, here's a clip.
In Libertopia government is the source of all problems and reducing it's scope improves everything magically.
Anti-Discrimination Laws? Unnecessary... "right of association" and "mutual consent" is all that matters... it's a private matter.
Minimum Wage? No.... the "market" will determine a fair living wage.
Civil Rights? Unnecessary.... we don't understand what systemic and institutional racism mean.
Intelligent Regulation? No... even though we've seen the effects of massive deregulation play out in the financial sector specifically over the last few years we abhor regulation as a matter of course.
And this is only the tip of the iceberg. How can intelligent people believe this bullshit?
My response
On minimum wage, How do you mandate a wage when you can not mandate productivity?
His rebuttal
This is actually a great starting point as it illustrates my chief grievance with Libertarianism, namely complete lack of realism and rooted-ness in reality.
We have a government and a social contract (and concomitant safety net) because "the market" is an amoral social construct. As it should be btw. You ask "how can you mandate a wage when you can not mandate productivity?" as though in the absence of a minimum living wage businesses would magically operate in an ethical fashion towards the achievement of perfect market equilibrium (as described in an econ 101 textbook). If this wide eyed optimism about markets held true we never would have needed a Fair Labor and Standards Act in the first place. This kind of thinking runs of afoul of common sense and historical reality. Business has a chief responsibility towards it's shareholders to create profit..... period. They are profit generation machines. In this pursuit legislation to mandate minimum wages, working hours, minimum age, limits on pollution etc etc... are necessary because without them business consistently tramples ethical boundaries underfoot.
The American Samoa example is largely meaningless and doesn't really make the case you suggest it does. For one thing, it illustrates the basic reality I refer to above. For another the tuna industry was undergoing competitive changes with Thailand offering labor at a fraction of Samoan wages. So it's a little disingenuous to insist that there's a clear line between increases in minimum wage and Chicken of the Sea's closure. It may have been the final nail in the coffin but the industry was already facing increased market pressure. You'll have to come up with a better defense for sweat shop wages.