Libertarians should consider commercial tyranny as well as political
January 25, 2012 § Leave a comment
I’ve just happened on a documentary screened on Russia TV (Freeview here in the UK), about the battle between a small Canadian farmer and Monsanto.
I think the fight for freedom is no longer solely against Big Brother. Libertarians should consider Big MD/Big CEO as a major threat, especially since multinational corporations are more powerful than many governments.
And I don’t think I’m alone in feeling that patenting life itself is in some way an outrage.
Reposted from Bearwatch, with thanks.
Indeed. The blatant way in which Austrians ignore the power struggle in the market and just say ‘voluntary exchanges always benefit both’ is really absurd. They will resist any Government interference, but of course they insist Government should enforce contracts.