How on Earth did I miss this thread!?!
Social Anarchism is the way. (Or at least Libertarian Socialism...someone's gotta keep the power players in line).
I agree with you. Anarchism all the way. Those best suited to keep power players in line are the masses. Free people are the best counteraction to corrupt power players. Government is not the answer.
What makes you think the Invisible hand would be that efficient? Big Businesses have already proven that they're willing to commit practically every injustice possible when given the chance.
The "invisible hand" is a variable which represents the people. The people are best counterweights to Big Business.
The libertarian way to defeat small groups of powerful people is not to create other small groups of powerful people (IE government). History has shown us that doesn't work.
Rather, the best countermeasure to small groups of powerful people is the people. Corrupt businesses shouldn't be brought to justice by the government, rather they should go out of business because no one does business with them.
I find it ironic that those who seek justice against corrupt big business seem to blame everyone but the masses who keep those businesses going. Businesses do not succeed in vacuums. They need customers to fuel them. A corrupt business that has gotten big did not do so on its own. In fact, the only way for such a business to get big is for a corrupt society to tolerate it, to interact with it, to buy its products, and to keep it alive.
Sure, one could argue that government's job is to stop things like that from happening. But I don't think a small group of powerful people (ie elected officials) are going to side with the large group of weak people when siding with the corruption has such nice benefits.
Thanks to technology, we live in a time when direct democracy could be effective and powerful. The need for small distant groups of representatives is coming to an end.
Then, you are not a natural rights libertarian, who just want the government to protect property rights. Worth noting that the more government services you are in favour of keeping, and the more regulatory rules and enforcement you accept, the further away you move from libertarianism.
Libertarians don't advocate no government. They advocate having only as much government as is necessary (which in these times means less than what we have). That doesn't mean it is inconceivable that a day could come where libertarians thought more government was necessary.
A common misconception is that libertarians don't advocate any government programs. That simply isn't true. We simply believe in only having as many as are necessary.
Anarchists on the other hand, prefer that we have no government.
But since individuals have to be responsible to make the government and corporations responsible, I don't think Libertarianism can work effectively in our society, not when so many people are primarily concerned with what "I" get out of it.
What you're saying is that since people-at-large can't make government and corporations responsible the best response is to have a small group made of those same incapable people do the job instead? The logic doesn't flow.
In fact, the more irresponsible society gets the more you should advocate that the power rest with the irresponsible masses. Because if we believe that the people are not good enough to do the job, then logically speaking we should not hand the power of the job to a smaller group made up of the same people.
Unless, of course, you believe there is a qualified superior small group of people to choose from who can do the great and mighty job of regulation.
If Libertarianism cannot work, then civil society cannot work, and any facade that we live in a civil society is bound to perish with time.
Looks like private producers need to be coerced or they will in fact rip off entire industries worth of costly products.
Indeed. Private groups must be coerced by the threat of their businesses failing for engaging in corrupt and destructive practices. You cannot hate Walmart while continuing to shop there. To do so makes you a fool. For Walmart is only able to achieve its evil on the profits of its customers.
Replace 'walmart' with any corrupt company if it makes you feel better.