Would a pure “free market” resemble Stalinism? Is modern day America an example of the logical endpoint of libertarianism? Yes and no.
Libertarianism evolved as a revolt against socialism. The United States has never had anything approaching a “free market”, yet the myth of “rugged individualism” is essential to the American dream. If communism was the height of tyranny, then pure individualism would be the height of freedom. In the 20th century the American ethos was characterized by what Dr. King described as a “morbid fear of communism”. Thus did libertarianism evolve as the logical alternative. The problem isn’t free market philosophy, it’s not enough free market philosophy. The solution to the health care crisis isn’t that the government is failing to provide for its citizens, it’s that the government is involved in health care at all. The solution to the failure of privatization is more privatization. And so on.
What would such a society look? Since any “free market” would quickly produce monopoly and statism, we are only able to catch glimpses of Ayn Rand’s utopia. For example, Howard Zinn notes of Colorado mining towns at the turn of the century that:
“Each mining camp was a feudal dominion, with the company acting as lord and master. Every camp had a marshal, a law enforcement officer paid by the company. The ‘laws’ were the company’s rules. Curfews were imposed, ’suspicious’ strangers were not allowed to visit the homes, the company store had a monopoly on goods sold in the camp. The doctor was a company doctor, the schoolteachers hired by the company … Political power in Colorado rested in the hands of those who held economic power. This meant that the authority of Colorado Fuel & Iron and other mine operators was virtually supreme … Company officials were appointed as election judges. Company-dominated coroners and judges prevented injured employees from collecting damages.” [The Colorado Coal Strike, 1913-14, p. 9-11]
Sunday 14 March 2010
Ayn Rand in Uganda ☀
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