Posted by Ilya Somin:
Lessons of the Libertarian Party's Most Recent Failure:
http://volokh.com/archives/archive_2008_11_16-2008_11_22.shtml#1227161516


   It's hard to remember now, but back in the spring and summer, some
   libertarians were optimistic about Bob Barr's presidential campaign
   under the Libertarian Party banner. Barr's eventual failure
   exemplifies the flaws of the LP as a vehicle for promoting
   libertarianism.

   Ass a former prominent Republican congressman, Barr was probably the
   best-known politician ever to run on an LP ticket. And
   libertarian-minded voters might have been expected to flock to his
   standard in a year when the Democrats nominated a highly statist
   candidate like Barack Obama, and the Republicans went with John McCain
   - a nominee whom most libertarians and pro-limited government
   conservatives viewed with great suspicion. Supporters hoped that Barr
   would win many more votes and raise much more money than previous LP
   nominees, and would effectively spread the libertarian message.

   As Brian Doherty documents in [1]this interesting recent article, Barr
   and the LP didn't even come close to meeting the high expectations.
   Barr only got about 500,000 votes, and his percentage of the total
   vote was lower than that achieved by three previous LP nominees,
   including the lackluster Harry Browne in 1996. Barr's fundraising
   results were also disappointing.

   Brian's article discusses numerous possible causes of Barr's failure
   that were specific to his particular campaign. Some of these theories
   may be correct. In truth, however, Barr's failure is of a piece with
   the more general failure of the LP throughout its entire 36 year
   history. In that time, the Party has never gotten more than a
   miniscule share of the vote, and has failed to increase its share over
   time (the LP's best performance in a presidential election was back in
   1980, and it's performances in state and local races have also
   stagnated over time). The LP has also failed in its broader mission of
   fostering greater acceptance of libertarian ideas. There is little if
   any evidence that its efforts have increased public support for
   libertarianism to any appreciable extent. Such consistent failure over
   a long period of time can't be explained by the personal shortcomings
   of individual candidates.

   For reasons that I explained in [2]this post, the truth is that third
   party politics simply is not an effective way of promoting
   libertarianism in the "first past the post" American political system.
   That system makes it almost impossible for a third party to win any
   important elected offices. And such a party also can't be an effective
   tool for public education because the media isn't likely to devote
   much attention to a campaign with no chance of success.

   Libertarians have had some genuine successes over the last 35 years.
   These include abolition of the draft ([3]heavily influenced by Milton
   Friedman's ideas), deregulation of large portions of the economy (of
   which libertarians were the leading intellectual advocates), major
   reductions in tax rates, the increasing popularity of school choice
   programs, increases in judicial protection for property rights, gun
   rights, and economic liberties ([4]thanks in large part to advocacy by
   libertarian legal activists), and heightened respect for privacy and
   freedom of speech (promoted by libertarians working in conjunction
   with liberals and/or conservatives, depending on the issue).
   Libertarian academics and intellectuals have also done much to make
   libertarian ideas more respectable and less marginal than they were in
   the 1960s and early 70s.

   What all these successes have in common is that they were achieved
   either by working withinthe two major parties or by efforts outside
   the context of party politics altogether. The Libertarian Party didn't
   play a significant role in any of them.

   Libertarians often emphasize that failed enterprises should be
   liquidated rather than kept going on artificial life support. That
   enables their resources to be reinvested in other, more successful
   firms. The point is well taken, and it applies to the Libertarian
   Party itself. For 35 years, the Party has consumed valuable resources,
   both financial and human. The money spent on the LP and the time
   donated by its committed activists could do a lot more to promote
   libertarianism if used in other ways.

   In the current economic and political environment, libertarians face
   many difficult challenges, including a potential massive expansion of
   government. Now more than ever, we can't afford to fritter away our
   limited resources on failed political strategies. The time has come to
   admit that the LP is a failure and spend our precious time and money
   elsewhere.

References

   1. http://reason.com/news/show/130107.html
   2. http://volokh.com/posts/1166931576.shtml
   3. http://www.volokh.com/posts/1163717060.shtml
   4. 
http://www.volokh.com/archives/archive_2008_02_24-2008_03_01.shtml#1204438262

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