Friday, 2013 December 27, 15:39 — economics, politics

amazing restraint

Roderick Long defines right-conflationism as defending existing economic structures as if they were outcomes of a genuinely free market (what Kevin Carson calls vulgar libertarianism), and left-conflationism as using those outcomes to attack the concept of free markets. I hope my paraphrasing doesn’t offend either of them.

Left-conflationism asks us to believe that Big Business, through its corrupt control of legislatures, prevents political interference in the market and goes no further; that mere market freedom allows it to loot us so thoroughly that it does not seek subsidies or protection from competition.

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