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Fri Jan 6, 2012, 01:32 AM

Look at this insanity: Libertarianism, from A to Z (Bribery) [View all]

Libertarianism from A to Z
Bribes, kickbacks, and other payments made to evade a law or regulation are present in every society and widespread in many. Politicians and the media bemoan this corruption and often pass laws designed to curtail it. This response does nothing to reduce corruption and often makes it worse.

Corruption arises mainly because of laws that impede private profit opportunities or interfere with mutually beneficial exchange.

...

Some acts of corruption are good for economic efficiency because they undo the effects of bad laws; there may be, in some situations, an optimum level of bribery. Fees and permits to enter most businesses and occupations are simply barriers to entry that shield existing firms from competition. Bribes allow more firms or individuals to enter and are therefore good for competition and consumers.


This kind of thing is rampant in Libertarianism (ie, Orwellian psycho-capitalism). Wall Street is so powerful because it has bribed our politicians, candidates like Ron Paul and other ideologues are not against bribery, in principle. They only say that they are against corruption because they truly believe that bribes and corruption would be less common if regulations were nonexistent. I would've posted more from that excerpt, but I didn't want to make you all read a swath of Libertarian nonsense, but if you click the link (and scroll down to the bottom of the page) you can read the full excerpt.

It is deeply rooted in Libertarian ideology, and we must resist it.

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Reply Look at this insanity: Libertarianism, from A to Z (Bribery) [View all]
joshcryer Jan 2012 OP
ProSense Jan 2012 #1