Quote (dro94 @ Oct 13 2016 11:37am)
no environmental regulatory oversight on corporations for one.
One thing I don't get is Libertarian opposition to environmental regulation.
In true Libertarian world we should be able to sue companies that contribute significantly to pollution and the like since they directly harm other people, and as a result we wouldn't have any business because any polluting business would be sued to oblivion before they could make it past their first year.
Environmental regulations are good for business and the economy, it's also an example of government fixing something that every economist will tell you is a failure of the free market (externalities and all that). It's the textbook example of where we need a higher authority to give oversight.
Quote (thundercock @ Oct 13 2016 11:40am)
Like me, he's a strong proponent of the Citizens United ruling. That ruling allows for quite a bit of money in politics, primarily for corporate interests. He also wants to get rid of the capital gains tax which would undoubtedly help wealthier individuals and corporations. He wants to abolish corporate taxes too.
I have to ask, what's wrong with corporatism? There are some very real benefits for protecting certain industries and I believe that corporations deserve representation in our government in some way if we're going to regulate them and tax them.
Corporatism is only a problem when it's at the expense of the public, which we have had some pretty visible examples of recently. The fact that no bankers went to jail after the 2008 crash being one such failure of justice.
This post was edited by Thor123422 on Oct 13 2016 11:42am