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 Being Libertarian - More Misconceptions of Capitalism

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RR Phantom

RR Phantom

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Being Libertarian - More Misconceptions of Capitalism Vide
PostSubject: Being Libertarian - More Misconceptions of Capitalism   Being Libertarian - More Misconceptions of Capitalism Icon_minitimeThu Aug 01, 2019 10:10 pm
Advocates for moneymore government intervention in the economy will point out that capitalism isn’t perfect. There are some specific cases a capitalist economic system cannot handle perfectly, such as education and environmental protection. They argue that because capitalism isn’t perfect, we need government intervention in the way they prefer.

Being Libertarian - More Misconceptions of Capitalism Euro-coins-money-gold-Pixabay

It is true that capitalism isn’t perfect. Nobody (besides maybe the occasional random person on social media) argues that capitalism is a perfect system. Not even the anarcho-capitalists claim capitalism is perfect. If it was, capitalism would’ve eliminated poverty and hunger the second it was adopted as an economic system. And it obviously hasn’t done that.

Even if we were to implement an entirely free market and maintain it, future generations would still face problems. There would still be scarcity, as well as other problems. As old problems are fixed, new ones arise.

https://beinglibertarian.com/more-misconceptions-of-capitalism/
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