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Why Don't Corporations Support Libertarianism?



September 09, 2011 – Comments (10)

This is a question that doesn't get asked nearly enough. People often claim that libertarian principles, if implemented as public policy, would lead to corporate rule and other corporate disasters. If this is supposedly the case, why is it that only the non-libertarian politicians are supported by corporations? 

10 Comments – Post Your Own

#1) On September 09, 2011 at 10:24 AM, catoismymotor (< 20) wrote:

The libertaritan approach would help to level the paying field. Government and big business bureaucracies don't want the change because they would have to surrender their advantage over the little guy.

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#2) On September 09, 2011 at 1:11 PM, 4everlost (28.87) wrote:

I don't think the premise that "corporations don't support Ron Paul" is accurate.  He has raised a lot of cash to support his run for the presidency - much of it coming from "corporations".

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#3) On September 09, 2011 at 1:17 PM, Turfscape (< 20) wrote:

The fear is not so easily defined as fear of "corporate rule". The fear is more of one of "the biggest stick wins". Many corporations are afraid they don't have the biggest stick...but with a little government influence on their side, they can beat out a better competitor.

The biggest companies around are not necessarily the ones with the best product or the best price. That would change. People and corporations fear change. They like having a predictable power structure in place. That's why most of corporate America supports Republicans. They work to keep the existing power structure in place.

That's why it's important to remember: GOP does not equal Libertarianism!

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#4) On September 09, 2011 at 2:05 PM, Melaschasm (71.02) wrote:

Big corporations and super rich individuals can buy beneficial regulations and tax laws from a big intrusive government. 

A small libertarian government would benefit small competitors who are currently at a big disadvantage because they can not buy favorable treatment.

#3 You might want to take a closer look at the donor lists.  Democrats tend to receive money from old money rich people, the biggest of companies, lawyers, unions and a few other groups.  Republicans tend to get money from the newly rich, a variety of companies, and a few other groups. 

Most big companies buy politicians from both parties so that they win no matter which party holds power at a given moment.  Why risk losing power every time the political winds change when you can spread your bribes around a bit and be protected no matter who wins.  There is a reason why both parties supported TARP.  When libertarians start winning elections, big companies will start bribing those politicians.

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#5) On September 09, 2011 at 2:36 PM, Turfscape (< 20) wrote:

>>#3 You might want to take a closer look at the donor lists.<<

I've looked. Corporations spread money around government whether it's democrats or republicans. But from corporate coffers, more than half definitely goes GOP. Include state-level elections and the margin is close to 3-to-1.

The difference to me, and the reason I tend to criticize the GOP more than the Democratic Party, is that the GOP has this really obnoxious habit of pretending they support increasing liberties and freedoms for citizens, reducing government, and reducing federal (and state) influence over private lives...but then their actions are 180 degrees from those words. They reach out to Libertarians and others and say "Oh...we believe what you believe. And you don't want those evil liberals winning, right? So vote for us and we'll do all the things you like"

Sadly, people believe them and vote for them. Then we get things like the "Patriot Act" shoved down our throats. Or we get government hacks telling us who we can and can't marry. Or we get giant chunks of our tax revenues handed over to financial institutions who made bad investment decisions. So on and so forth, ad infinitum.

The Democrats tend to be a little more honest in owning up to the fact that they believe government is the solution. They're shady...but everyone knows what they're getting with Democrats.

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#6) On September 09, 2011 at 3:44 PM, whereaminow (< 20) wrote:

He has raised a lot of cash to support his run for the presidency - much of it coming from "corporations".

Depending on what you define as "much", I would categorize this statement as false.

David in Qatar

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#7) On September 09, 2011 at 4:29 PM, BillyTG (29.49) wrote:

Primarily, your premise is wrong that this has to do with political parties.

Who corporations support has nothing to do with political affiliation, and nearly everything to do with power management: maintenance and growth of that power.  Corporations buy support of legislators who will ignore wrongdoing, who will pass laws assisting that corporation, and, in the case of potentially harmful (to the corporation) politicians, to minimize the downside.

Watch this guy's series of videos, starting with the one here, and you'll know. BTW, this man is the real deal, got the Ivy League credentials and friends, seen the inside, and is outing the power structure.

Sorry to anyone whose day I ruined or whose reality bubble I burst.

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#8) On September 09, 2011 at 10:51 PM, FleaBagger (27.49) wrote:

BillyTG - As true as the content of that video may be, all we need to do to throw off the shackles of bondage (pardon the pun) would be to be people of fiscal responsibility who refuse to vote for politicians of fiscal irresponsibility. That is the solution to the systemic problems of the country, even if we are enslaved to an empire run from CFR by elite Ivy League robber barons.

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#9) On September 09, 2011 at 11:19 PM, BillyTG (29.49) wrote:

FleaBagger, I agree, that is all that would be needed. The only problem is that your plan is impossible. There is a reason those in power control the media and control the funding. Look at the struggles of Ron Paul...he gets ridiculed, ignored, and marginalized, while the corrupt get put on pedestals. And I doubt we've even seen the full extent of their media, people-influencing powers. If ROn Paul keeps gaining momentum, we might see some unusual stuff.

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#10) On September 10, 2011 at 2:28 PM, Frankydontfailme (28.86) wrote:

That video is excellent BillTG (and all common sense).

I'd recommend watching all parts. 

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