The recent interest in libertarianism stems from a desire to reform society to provide more liberty for everyone. However, libertarianism’s critics say that libertarian policies, as they are articulated in the platform of mainstream libertarian parties around the world, will result in less freedom for many people if literally implemeted right now. Those without a job and without any means of production would be forced to take any job available, including sex work, for example. Many also extrapolate the effects of libertarian policies from their hypothetical application to our current society, and conclude that such policies will lead to rampant corporate capitalism with a large slave-like underclass. Some even conclude that libertarianism allows for the effective reinvention of slavery, or would otherwise lead to neoreactionary societies.
Would a pro-liberty policy platform potentially lead to such illiberal effects? Libertarians themselves generally say no. They say that the current rampant corporate capitalism and economic inequality is a result of centuries of past government action, and that by removing government intervention things will somehow automatically return to their normal functioning within a reasonable timeframe. In an ideal libertarian society, the kind of capitalism that will prevail will be small business entrepreneurship, and the American Dream would be in reach for the average person again.
So which camp is right?
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