From Critiques Of Libertarianism
The primary reference they use is "The Myth of the Robber Barons: A New Look at the Rise of Big Business in America".
- Amazon one-star reviews of "The Myth of the Robber Barons" [More...]
- The Bookreader review provides a lot of good criticism based on other literature to show how one-sider the presentation is. Also, "A sad effort to justify greed and oppression."
- Libertarian-splaining to the Poor [More...]
- "Entirely missing from this discussion is the primary, upward form of income redistribution from poor to rich, through structural intervention to reduce the bargaining power of labor and increase the monopoly returns on accumulated property — a redistribution which dwarfs, many times over, compensatory downward forms of redistribution through the welfare state."
- Robber Baron Recessions [More...]
- The virtual end of antitrust enforcement which began under Ronald Reagan seems to have brought about secular stagnation. "For we aren’t just living in a second Gilded Age, we’re also living in a second robber baron era."
Entirely missing from this discussion is the primary, upward form of income redistribution from poor to rich, through structural intervention to reduce the bargaining power of labor and increase the monopoly returns on accumulated property — a redistribution which dwarfs, many times over, compensatory downward forms of redistribution through the welfare state. Missing are the fundamental ways the state has been in structural alliance with capital — not just some hand-waving at “crony capitalism” and “corporatism” — since the beginning of capitalism five or six hundred years ago.
Kevin Carson, "Libertarian-splaining to the Poor"
[...] why holding up the Gilded Age as a libertarian utopia is wrong-headed. It’s not because the liberty was inequitably distributed. As roger was saying in the previous thread, it’s because America in the 1880s was not characterised by liberty, it was characterised by state capture. Having the government in their pockets gave the robber barons the “freedom” to adulterate meat and pollute rivers, but just as much the “freedom” to send Pinkerton thugs – or Federal troops – to break heads when they didn’t get what they wanted. The heads, presumably, of people who had the freedom to get their heads broken. As always, what minarchists imagine is a system lacking state intervention is rather a system of state intervention on behalf of a privileged class. Or perhaps minarchists realise that but have no problem with it, as they only tend to object when the state intervenes to protect the other fellow.
Weaver (pseudonym), "More Libertarianism Thread (Crooked Timber) comment 23."
No one ever considers the Carnegie libraries steeped in the blood of the Homestead Steel workers, but they are. We do not remember that the Rockefeller Foundation is founded on the dead miners of the Colorado Fuel Company and a dozen other performances. We worship Mammon....
Senator Harry Truman, speech to senate, December 20, 1937.