Over at TLF, Tim Lee is raising all the right issues in his (incidental) discussion of the reasons why Libertarians have trusted big corporations more than big government. That’s something of an understatement–Libertarians have generally suspected big government of the worst possible things, while bending over backwards to make excuses for corporations when they do something that trespasses individual freedoms.
Amartya Sen in Development as Freedom noted that Libertarians have a habit of making certain informational exclusions, seeing the importance of procedural freedoms (freedom of the press, for example), and ignoring the lack of substantive freedoms (freedom from involuntary starvation, for example). I see the same pattern in Tim’s post–the issues he raises are right, but there’s information missing. My goal in this post is to supply the missing information, so you can judge for yourself whether corporations pose the risk I think they do. To be clear, I am no fan of big government, but am concerned right now with the freedoms that are being destroyed by corporations. Sometimes government and corporations are acting in concert, against individual freedoms, but it’s almost always clear who’s in the driver’s seat when that’s happening. So at a certain point, the choice of big government or big corporations is just a tactical decision of those who would oppress.
So, Tim says in his post:
During the 20th Century, policy debates often centered on power struggles between governments and corporations. The capital-intensive nature of a lot of industries meant that in many cases, policies that reduced government power often meant that corporations had a large influence over peoples’ lives. As libertarians, we pointed out the advantages of this arrangement: first and foremost, you have a choice about which businesses to patronize, but no choice about whether to deal with the government….. And of course, the government is a couple of orders of magnitude bigger than the largest corporations, so even if raw “bigness” is your only concern, concentrations of government power should concern you a lot more than concentrations of corporate power.
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