this post was submitted on 07 Feb 2024
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[–] [email protected] 47 points 7 months ago (1 children)

Just want to point out that there is a difference between "Libertarian Capitalism" and "Libertarian Socialism"; and as per usual, the capitalists were the one who stole the label.

[–] [email protected] 5 points 7 months ago (1 children)

Interesting distinction. Could you or another explane it? My Political "chops" aren't that good yet.

[–] [email protected] 5 points 7 months ago

Libertarian socialism is an anti-authoritarian and anti-capitalist political current that emphasises self-governance and workers' self-management. It is contrasted from other forms of socialism by its rejection of state ownership and from other forms of libertarianism by its rejection of private property. Broadly defined, it includes schools of both anarchism and Marxism, as well as other tendencies that oppose the state and capitalism.

Wikipedia - Libertarian socialism

It's usually a synonym for Anarchism.

The oxymoron "Libertarian Capitalism" is an propagandistic rebranding of landlord feudalism, engineered by a right-wing grifter who thought Adam Smith was a pinko commie.

It's taken seriously by the folks who despite all of the evidence, think trickle-down economics is a good idea. It's a joke to everyone else.