Socialists do not like to admit mistakes, but like to say: “That was the wrong kind of socialism.” Under what circumstances could ancaps admit that libertarianism is a false idea?

…And justice for all

The political program of libertarianism boils down to the consistent reduction of the role of the state, that is, deregulation and tax reduction.

If movement in this direction leads to an increase in the security and wealth of residents until the state is reduced to the role of a “night watchman,” and further curtailment of state functions causes the level of violence to rise and prosperity to decrease, then the minarchists are right and the ancaps are not, and there exists a minimum state optimum below which it cannot be reduced.

If the state optimum is not found, and every reduction of the state brings only benefit to the people, then the ancaps are right after all; the state is a harmful parasite and must be completely eradicated.

If an optimum is found, but not where the minarchists assume it to be, but, say, at the level of “night watchman plus a poorhouse,” then the social liberals are right, and the hardline libertarians, with their meager brains, have failed to grasp the full importance of competent centralized redistribution of resources.

And finally, if it turns out that sustainable results are impossible to achieve because different societies have their own optimum of state functions, then the panarchists are entirely right: people are too different to be treated with a one-size-fits-all approach. Some need more state, some less, some zero—let everyone receive according to their request.

But in order to achieve all these results, a willingness of people to experiment in building a society convenient for them is necessary. However, decades of violent socialist experiments have largely discredited the very idea of consistently building something new. Therefore, we now more often see sporadic attempts to improve something, followed by rollbacks. But just as a long peace has taught people not to take the danger of a major war seriously, a long period of ideolessness can return the taste for reforms to the people. Our task is to ensure that at that moment, the idea of specifically libertarian transformations is floating in the air.

What are the drawbacks of libertarian and anarcho-capitalist theories?

анонимный вопрос

The main drawback of both libertarian and anarcho-capitalist theories is that they do not exist.

There is an economic theory developed by the Austrian school of economics, which took on a relatively cohesive form thanks to Mises. This is praxeology, that is, the theory of human action; catallactics, that is, the theory of exchange; the theory of money, the theory of interventionism, the theory of the business cycle, and so on. The logic of the libertarian doctrine’s presentation is built upon economic theory, and it is used to verify various fantasies regarding the possible structure of society. Austrian economic theory does not provide quantitative forecasts and postulates the fundamental impossibility of doing so, which gives many followers of other schools reason to criticize it for uselessness in this regard.

There is a libertarian legal theory, also known as institutional or sociological. Russian libertarians generally tend to rely on it in their legal constructions, which is not least because it was developed by Vladimir Chetvernin, who is Russian and still alive. In the English-speaking world, natural law theories are more common.

There are various ethical libertarian teachings: some take natural rights as their basis, others derive ethics from the idea of a contract, and some rely on consequentialism—that is, evaluating actions by their consequences. In short, in the field of ethics, libertarians experience considerable fragmentation and instability.

As a result, libertarianism is a rather broad and pluralistic current of thought, which can be seen as both a plus (there is internal discussion, there is development, but there is also agreement on the fundamentals) and a minus (there is no unambiguous opinion on a number of specialized questions, some of which are quite serious—for example, whether an institution such as the state has a right to exist).


Cool little tree, and Chetvernin isn’t even here yet…

Update: after the post was already written, a video with Alexei Tereshchuk was released on SVTV, which deals precisely with similar issues.