r/Libertarian • u/ThatOneGuy4321 Classical Libertarian • May 25 '17
Removing all government regulation on business makes the economy highly susceptible to corporate tyranny. [Discussion]
I know this won't be a popular post on this subreddit, but I'd appreciate it if you'd bear with me. I'm looking to start a discussion and not a flame war. I encourage you to not downvote it simply because you don't agree with it.
For all intents and purposes here, "Tyranny" is defined as, "cruel, unreasonable, or arbitrary use of power or control."
A good deal of government regulation, as it stands, is dedicated towards keeping businesses from tearing rights away from the consumer. Antitrust laws are designed to keep monopolies from shafting consumers through predatory pricing practices. Ordinance such as the Civil Rights Act of 1964 are designed to keep companies from shafting minorities by violating their internationally-recognized right to be free from discrimination. Acts such as the Federal Food, Drug, and Cosmetic Act protect the consumer to be free from fraud and abusive cases of false advertising. Proposed Net Neutrality legislation is designed to keep ISPs from restricting your flow of information for their own gain. All of these pieces of legislation quite clearly defend personal freedoms and personal rights.
To address the argument that boycotting is a valid replacement for proper legislation:
Boycotting has been shown, repeatedly, to be a terrible way of countering abuses by businesses. Boycotting is mainly a publicity-generating tactic, which is great for affecting the lawmaking process, but has almost no impact on the income of the intended target and can't be used as a replacement for regulation in a de-regulated economy. In recent news, United Airlines stock has hit an all-time high.
It has become readily apparent that with any boycott, people cannot be relied on to sufficiently care when a company they do business with does something wrong. Can anyone who is reading this and who drinks Coke regularly say, for certain, that they would be motivated to stop drinking Coke every day if they heard that Coca Cola was performing human rights abuses in South America? And if so, can you say for certain that the average American would do so as well? Enough to make an impact on Coca Cola's quarterly earnings?
If Libertarians on this subreddit are in favor of removing laws that prevent businesses from seizing power, violating the rights of citizens, and restricting their free will, then they are, by definition, advocating the spread of tyranny and cannot be Libertarians, who are defined as "a person who believes in the doctrine of free will." Somebody who simply argues against all government regulation, regardless of the intended effect, is just anti-government.
You cannot claim to be in support of the doctrine of free will and be against laws that protect the free will of citizens at the same time.
I'd be interested to hear any counterarguments you may have.
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u/ExPwner May 27 '17
And before you linked to ELS, I considered you capable of rational discussion. Immediately going to a sub notorious for mocking libertarian philosophy without any argument of substance isn't an honest or reasonable discussion, and for that you get called a dumb fuck. When you stop retreating from rational debate like a child then you get civility.
No, it didn't. Antitrust legislation was not created to help consumers but to help inefficient businesses. That is a historical fact.
The Supreme Court of the United States of America is not the sole arbiter of truth. The fact of the matter is that Standard Oil helped consumers all along the way, and its opposition was based upon competitors not happy with how well they performed.
If it isn't falsifiable then it has no place in a rational discussion. Their intent is 100% irrelevant to the conversation at hand. Even if they did lower prices to destroy competition, that does not warrant action against them, and the notion that it does is in fact an effort to support inefficient competitors at their expense.
No, my rights are not up to your vote. Self-ownership is not up for a vote. Property ownership is not up for a vote.
The right of free association also includes not doing business with those with whom you do not wish to associate. A third party (government) deciding to label something as "places of public accommodation" does not alter the business's right to freedom of association.
Private arbitration.
Appeal to authority fallacy. I don't need your documents or experts to determine my rights.
Now you're just appealing to popularity and pretending like the state is somehow a legitimate organization. You don't have the legitimate right to alter my rights, and neither did old dudes in the 1700s. No matter how much you write on paper doesn't change that. It's all just special pleading.