Why Libertarianism is worthless.

1) There are no first-world libertarian nation.

2) Libertarianism led to the Great Depression.

3) Libertarianism leads to vertical monopolies

4) Every country that started out with unchecked capitalism either made a transition to regulated capitalism (US) or completely collapse (Somalia).

5) In order for Libertarianism to work, everyone needs to participate and do everything just right. Even the slightest mistake will put you at a disadvantage for the rest of your life. Guess what other political ideaology have the same requirements? It starts with a "C" and ends in "ommunism".

6) Did I mention that there are no first-world Libertarian nation?

>>6

1) Enlightenment philosophers would think that libertarians are full of shit. Unchecked capitalism has been around in many countries for hundreds of years and it still has not produced a single developed nation.

2) Unchecked capitalism is outdated.

3) You can have monopolies that are created without government intervention. Really.

4) No, regulation is a response to the problems of unchecked capitalism. Read The Jungle by Upton Sinclar.

5) They're both similar in that both ideologies requires everyone to be either responsible for themselves and towards the economy in libertarianism or towards each other and the community in communism (sharing the wealth, etc.). Neither works because not everyone could be responsible enough to make either ideology work. Plus the fact that humans are inherently selfish.

6) Libertarians in the sense that there are little economic restrictions in those nations. Look at Thailand. And LOL at your comment.