"There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs." - John Rogers
I'm really not a fan of Randian objectivist libertarianism, so the quote above has always resonated with me.
I remember in college I had a friend who identified as libertarian explain to me what exactly it meant. He said that, in his view, the government shouldn't own any land, so a libertarian government would immediately sell all public lands off. When I pointed out that meant that all the national parks would get sold to logging and mining companies, he shrugged and said that was just how the market would work. And that's when libertarianism lost me forever.
I've spoken before on this blog about how I'm big on rule of law. I believe I'm also on the record as being not the biggest fan of large corporations that distort markets and do what they want. Libertarianism would give us a lot of corporations doing whatever they want without worrying about downstream effects, and without being beholden to regulators or accountability.
The downstream effects thing is particularly important. In the objectivist view, companies shouldn't have to reckon with negative externalities, but that just means that everyone else would have to. But because the federal government would be effectively nonexistent ("small enough to drown in the bathtub", as many right-wingers like to say), cleanup wouldn't be the responsibility of taxpayers: there'd be no regulatory or centralized bodies to clean up oil spills and mining disasters and whatever else would happen. We'd just have to deal with the after effects of all these disasters individually.
If you don't believe me, Senator Rand Paul's reaction to the Deepwater Horizon oil spill that poisoned large sections of the Gulf of Mexico in 2010 was, "Sometimes accidents happen." This was, it needs to be noted, in reaction to the US government attempting to make BP clean up its mess. Paul is possibly the most objectivist member of either house of Congress - it's no coincidence that his first name is "Rand", after all.
Without imputing further motives or ideology to a sitting US Senator, I just want to reiterate how immoral that viewpoint is. In that worldview, a pharmaceutical company that poisons its customers would suffer no consequences, and the victims - or rather their next of kin - would have no recourse. And if you think that's a far-fetched example, look up the Elixir Sulfanilamide poisoning of 1937, which killed 100 people and led to the introduction of toxicity testing for food and drugs.
About the only good thing about libertarianism is that it doesn't mind people smoking pot, but unfortunately, most libertarians in the US are also Republican voters, so we get the worst of both worlds: libertarians who want to control what you do in the privacy of your own home, but who don't want to stop companies killing you in the course of doing business.
This is why it's so concerning to see the Liz Truss-Javier Milei wing of politics running rampant all over the world. And why it was so concerning to see people talk about Milei's policies as "interesting" back in 2024, after Donald Trump was re-elected, because some of Milei's shock treatment in Argentina has seen reductions in inflation, albeit at the cost of higher prices for individual households, but that was because Argentina was a basket-case, economically. When Liz Truss attempted to push through unfunded tax cuts in the UK in 2022, she spooked the markets so badly that she lasted just 45 days.
By contrast, I'm heartened by the example of Zohran Mamdani in New York City, who's managed to fix a lot of quality of life issues like fixing potholes and clearing snow off the streets, while also balancing the budget without cutting social programs that people rely on. Instead of the libertarian view that the government can't do anything well, Mamdani's example is showing exactly how government is well-placed to fix certain things that the free market can't. I hope he'll manage to continue on like this, because government works when lawmakers understand what normal people need - libertarians can never understand that, and so they'll only ever offer cuts to regulations and services, all while everyone's daily life gets worse and worse.
Which is, as I say, immoral.