American Greatness By Edward Ring
Libertarian advocacy results in half-solutions that are worse than doing nothing because, in reality, they advance the objectives of socialists.
On the surface, it might seem ridiculous to suggest libertarians and socialists work to further the same political agenda. Their ideologies are diametrically opposed. The extreme version of a socialist system is for all property to be owned and controlled by the government. The extreme version of a libertarian system is for all property to be privately owned. And yet the extremes meet.
The unwitting consequence of socialist and libertarian movements in the United States has been to assist in the formation of an unprecedented concentration of wealth and power in the hands of a corporatist elite that has perfected its ability to manipulate both movements.
Policies inspired by socialists make it easier for private corporate and financial interests to form monopolies, since the regulatory excess inspired by socialist ideals drives smaller potential competitors out of business. Examples are plentiful. Complying with environmental regulations requires an overhead burden that will overwhelm the financial capacity of a small company, but can be absorbed easily by large companies. Complying with union work rules and wage demands is easy for monopolistic companies because they pass the higher labor costs on to consumers. But similar compliance kills companies too small to have a captive market. Enforced scarcity caused by mandates designed to combat “climate change” allows vertically integrated companies to raise prices, reap big profits, and expand, since their underlying costs haven’t changed.
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