Free Enterprise: The Antidote to Corporate Plutocracy

27 October 2008 by Mike Gogulski
Posted in philosophy | 2 Comments »

Bravo to Keith Preston of the Attack the System blog for winning the UK-based Libertarian Alliance’s £1,000 Chris R. Tame Memorial Prize for best essay, which I blogged about here.

Curiously absent among many libertarian, conservative, or free-market critiques of interventions by the state into society are the myriad of ways in which government acts to assist, protect, and, indeed, impose outright, an economic order maintained for the benefit of politically connected plutocratic elites.

The full essay, which is well worth reading and catalogues many of these interventions, is available here: Free Enterprise: The Antidote to Corporate Plutocracy.

  1. 2 Responses to “Free Enterprise: The Antidote to Corporate Plutocracy”

  2. By Cork on 28 October 2008

    In light of the recent bail-outs, I think it’s fair to call our current system a capitalist plutocracy. It is, after all, a plutocracy run by capitalists (not that there’s anything free-market about it).

    Always been a fan of Preston; glad to see he won.

  3. By Mattocracy on 30 October 2008

    I’ve always kind of thought that politicians would always funnel money to rich supporters. The best way to make people loyal is to make them rich.

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