Libertarian Economic And Political Experiments

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Chile and New Zealand are often cited by libertarians as sites of successful libertarian economic reform. They tend to cite a few "benefits", but there are many downsides....

A Google search of "libertarian" and "somalia" also finds many libertarians praising the anarchy in Somalia. Go figure.

Links

NEW 2/07/2019: Anarchapulco (1 link)
A festival for anarcho-capitalists run by scammers in Acapulco, Mexico, with hopes of encouraging many to become residents of the region and build a new community of government-evaders.
Charter Cities (8 links)
Libertarian Utopias! Libertarians want to experiment with Charter Cities: being given a region of their own to manage themselves. What we will probably see is is a corrupt autarchy controlled by international corporations and dependent on second class citizens or workers commuting in or out. You cannot assume democracy or civil equality for charter cities. The City of London is an actual existing charter city.
Chile (2 links)
Enacted sweeping "liberal" reforms under dictator Augusto Pinochet (on the advice of Milton Friedman's students) which resulted in widespread economic failure and murder of innumerable opponents. Saved later by nationalization of the copper industry. Say, weren't libertarians supposed to be against government violence?
Doesn't neo-liberalism in Chile prove that the free market benefits everyone? [More...]
"[...] "economic liberty" has not produced genuine "political liberty" as Friedman (and others) claim. Ultimately, for all but the tiny elite at the top, the Pinochet regime of "economic liberty" was a nightmare." Part of An Anarchist FAQ.
For Whom the Wall Fell? A balance-sheet of transition to capitalism [More...]
Switching to capitalism has a very low success rate over 25 years: "Only three or at most five or six countries could be said to be on the road to becoming a part of the rich and (relatively) stable capitalist world. Many are falling behind, and some are so far behind that they cannot aspire to go back to the point where they were when the Wall fell for several decades."
Free Banking (1 link)
The idea of replacing central banks by allowing banks to issue their own currencies, with or without various backings. An idea revived by Friedrich von Hayek, with a literature of supposed historical examples. Free banking has many problems.
Microfinance (3 links)
A failed "free market" solution to poverty that libertarians and neoliberals trumpeted as better than government efforts. Also known as Microcredit.
Rand Paul is No Barry Goldwater on Civil Rights
Rand Paul has repeatedly said that he would not have voted for the Civil Rights Act of 1964 on libertarian grounds: private businesses should not be forced to serve African Americans if they so choose. As opposed to Goldwater's supposed Constitutional concerns.
Seasteads (4 links)
Floating versions of Charter Cities that would have all of their ills PLUS great difficulty leaving due to isolation. A past example is the Scientology Sea Org, notorious for abuses. Many proposals for these have failed.
Singapore Is The New Chile [More...]
The Chilean retirement privatization was reversed very quickly, making it more like Social Security. Likewise, supposedly free-market health care in Singapore is becoming more like Obamacare.
Slovakia Vs. The Cato Institute [More...]
Reaction to right wing reforms (including to the pension system) along Cato recommendations led to a 2012 landslide win for the “populist” center-left Smer party.
Somalia: The Libertarian Paradise (5 links)
Somalia was notorious for having no significant government. As a result, it was rife with piracy, violence and human rights violations. Why didn't libertarianism spontaneously arise? Instead, a federal government has arisen. Maybe the people of Somalia's experience with no government shows why government is desirable.

Quotations

Libertarianism is the One Weird Trick For Solving Any Issue, Politicians HATE Us! of politics. It reduces many of the most complex problems in the world to a set of answers concise enough that they can fit on the back of a business card (isolationism, tiny government, bare minimal taxation).
Kirkaine, "Libertarians are primarily concerned with feeling correct, not about real world results."
As we know from history, the free market did not lead to a breakdown of segregation. Indeed, it got much worse, not just because it was enforced by law but because it was mandated by self-reinforcing societal pressure. Any store owner in the South who chose to serve blacks would certainly have lost far more business among whites than he gained. There is no reason to believe that this system wouldn't have perpetuated itself absent outside pressure for change. In short, the libertarian philosophy of Rand Paul and the Supreme Court of the 1880s and 1890s gave us almost 100 years of segregation, white supremacy, lynchings, chain gangs, the KKK, and discrimination of African Americans for no other reason except their skin color. The gains made by the former slaves in the years after the Civil War were completely reversed once the Supreme Court effectively prevented the federal government from protecting them. Thus we have a perfect test of the libertarian philosophy and an indisputable conclusion: it didn't work. Freedom did not lead to a decline in racism; it only got worse.
Bruce Bartlett, "Rand Paul is No Barry Goldwater on Civil Rights"