David B. Shemano wrote:
Raghu writes:
True. But the political and market processes are inseparable parts of
the capitalist system as a whole. Failure to recognize this is the
central weakness of the libertarian ideology.
What don't libertarians recognize? In my experience, libertarians are consumed
with the interrelationship between the political and market processes, and are
extremely pessimistic precisely because of public choice theory, which shows
why it is so hard to separate the two processes and establish and maintain the
libertarian utopia.
With all respect, isn't this a bit like believing in Santa Claus? Why would one
advocate a social structure when one knows it cannot exist?
