Thursday, May 31, 2007

Book Review: "Radicals for Capitalism: A Freewheeling History of the Modern American Libertarian Movement" by Brian Doherty (2007)

This is an exhaustive look (620 pages of text, not including notes) at the history of the libertarian movement in America, revolving around five key figures: Ludwig von Mises, Friedrich Hayek, Milton Friedman, Ayn Rand, and Murray Rothbard. For most people who have some sense of the major philosophical forces shaping Western society, the general definition of libertarianism is one where the governments espouse public policy choices that are fiscally conservative and socially liberal. In other words, pro-choice, pro-gay rights, pro-euthanasia, in favour of the legalization of drugs, porn and prostitution, and anti-gun control, combined with a tough, unapologetic brand of fiscal policy that favours low taxes and limited spending. However, those who are active in the movement have much loftier goals, which made me reconsider whether I should put even one foot in this camp. On the third page of "Radicals for Capitalism", the gauntlet is thrown down:

"Its eventual goals include the abolition of all drug laws (not just those against currently illegal narcotics and hallucinogens, but an end to prescription laws and the Food and Drug Administration as well), the abolition of the income tax, the abolition of all private sexual relations (from marriage to prostitution and everything in between), and end to public ownership and regulation of the airwaves, an end to overseas military bases and all warmaking not in direct defense of the homeland, an end to the welfare state, and an end to any legal restrictions whatsoever on speech and expression."

Now I'm no authoritarian, and I'll put my fiscal conservative bona fides up against anybody, but obviously we're not just talking about live and let live here. Libertarianism, taken to its furthest extension, veers from your run-of-the-mill tax cutting crowd all the way towards those who want to abolish the US Departments of Energy and Education to others who are pretty much outright anarchists.

This is obviously ridiculous. Not only is it totally impractical, there is no stewardship or morality within pure libertarianism. On issues from pre-emptive war to self-governance, you pretty much only have to take care of yourself and your own backyard while hedonistically sticking your dick wherever you want. Meanwhile, anyone who raises an eyebrow is considered some sort of authoritarian busybody who wants to run your life. This allows for a vacant, easily justified form of animalistic urge to pretty much act as the guiding principle for life, one which isn't part of my own value system.

But I digress.

Doherty shows that Rand is pretty much Animal Farm personified, and other interesting characters like Barry Goldwater, Leonard Read, Frederic Bastiat, Rose Wilder Lane, Charles Murray, and Timothy Leary (who knew?) make appearances along the way. (In the case of Rand, one has to wonder if her legions of fans knew how much of an outright megalomaniac she was if they'd adore her as much as they do.) Nevertheless, for one who often has a hard time defining himself on the right, this book was a huge eye-opener. It left me with the impression that once you scratch the surface, libertarians either are, or are in bed with, privacy freaks, isolationists/conspiracy theorists (see Paul, Ron, and his mirror reflection, Nader, Ralph) or atheistic, to-hell-with-authority types who gleefully lurch from orgasm to orgasm with no consideration for the potential consequences of their behaviour over the long term. And it doesn't just stop there ... did you know that mental illness is a myth, according to some?!? This is the type of misguided thinking that leads to deinstitutionalization, a truly disastrous piece of social policy.

Since this is supposed to be a book review and not some kind of rant, I'll now try to put away the soapbox and conclude by saying that the bottom line is this tedious read, painful at times but definitely challenging at others, left me questioning my own positions and proved once again that on the right, while we agree on the fundamentals, can offer up one hell of a vigorous debate that isn't going to end any time soon.

And after reading this, I sure as hell know where my limits are - right around the point when somebody muses about privatizing sidewalks.

Check out David Boaz' "Libertarianism" and "The Libertarian Reader", edited by Boaz, for a more accessible and mainstream treatment of this subject.

Overall rating: 3.5/10

8 Comments:

At 11:35 AM, Blogger David said...

You should send your used copy to our pal Clemens, who in the summer of 1999 was trying to convince us that central banks should be privatized.

 
At 1:27 PM, Anonymous Anonymous said...

This clemens guys sounds like a smart lad... f'ing disgrace the power the banks have in this country... ATM fees being the most blatant example...

 
At 9:20 AM, Blogger Road Hammer said...

He was always talking about abolishing the US Federal Reserve as I recall, with a view to having the regional reserves set monetary policy in their various backyards.

 
At 5:19 PM, Anonymous Anonymous said...

Hi !.
might , perhaps very interested to know how one can collect a huge starting capital .
There is no need to invest much at first. You may commense earning with as small sum of money as 20-100 dollars.

AimTrust is what you haven`t ever dreamt of such a chance to become rich
The company incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

Its head office is in Panama with offices around the world.
Do you want to become really rich in short time?
That`s your chance That`s what you wish in the long run!

I`m happy and lucky, I started to get income with the help of this company,
and I invite you to do the same. It`s all about how to choose a proper partner who uses your funds in a right way - that`s AimTrust!.
I make 2G daily, and my first deposit was 1 grand only!
It`s easy to join , just click this link http://hivanadyt.kogaryu.com/ipykexi.html
and go! Let`s take our chance together to become rich

 
At 8:23 PM, Anonymous Anonymous said...

Hello !.
might , perhaps very interested to know how one can manage to receive high yields .
There is no need to invest much at first. You may start earning with as small sum of money as 20-100 dollars.

AimTrust is what you need
AimTrust incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

It is based in Panama with affiliates around the world.
Do you want to become really rich in short time?
That`s your choice That`s what you wish in the long run!

I feel good, I started to take up real money with the help of this company,
and I invite you to do the same. If it gets down to choose a proper companion who uses your savings in a right way - that`s the AimTrust!.
I earn US$2,000 per day, and what I started with was a funny sum of 500 bucks!
It`s easy to get involved , just click this link http://sopigyse.maddsites.com/inatos.html
and lucky you`re! Let`s take our chance together to feel the smell of real money

 
At 2:12 AM, Anonymous Anonymous said...

Good day, sun shines!
There have were times of hardship when I felt unhappy missing knowledge about opportunities of getting high yields on investments. I was a dump and downright pessimistic person.
I have never thought that there weren't any need in big starting capital.
Now, I feel good, I started to get real money.
It gets down to choose a correct companion who uses your funds in a right way - that is incorporate it in real business, parts and divides the profit with me.

You may get interested, if there are such firms? I'm obliged to answer the truth, YES, there are. Please get to know about one of them:
http://theinvestblog.com [url=http://theinvestblog.com]Online Investment Blog[/url]

 
At 8:44 AM, Anonymous Anonymous said...

My friend and I were recently talking about how modern society has evolved to become so integrated with technology. Reading this post makes me think back to that debate we had, and just how inseparable from electronics we have all become.


I don't mean this in a bad way, of course! Ethical concerns aside... I just hope that as the price of memory falls, the possibility of transferring our memories onto a digital medium becomes a true reality. It's one of the things I really wish I could encounter in my lifetime.


(Posted on Nintendo DS running [url=http://kwstar88.livejournal.com/491.html]R4i[/url] DS FPost)

 
At 10:53 PM, Anonymous Anonymous said...

I need to to thank you for this good read!! I certainly loved every bit of it.
I have you saved as a favorite to check out new stuff you post…

Also visit my blog post - sizegenetics review

 

Post a Comment

<< Home