this post was submitted on 30 Jul 2023
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Libertarianism is, generally, mostly interested in freedom under the state. Libertarianism is at the core of capitalism; however, it must be made clear that a properly funcioning free-market requires some state regulation in order to ensure fair competition.
Not really. Libertarianism is mostly interested in freedom FROM the state. And freedom from oligarchs of all stripes. Especially the ones inherent to all forms of capitalism. Of which "free market" is the worst about. Capitalism is inherently incompatible with libertarianism. In the fact that you realistically can't choose not to be part of it. Under capitalism those of us that are not born into oligarchy or happened to luck into oligarchy end up basically slaves to the oligarchs for our wages and basic survival. There's no liberty in that.
Freedom from the state, to me, implies anarchy. I interperet your wording to say that a libertarian would want the freedom to opt out of governence -- this makes little to no sense. It is true in that a citizen should certainly have the freedom to emigrate, but I'm not convinced that this is what you were implying.
Why do you argue that the free market will always result in an oligarchy? I will say that a wholly unregulated free market will result in rampant anti-competitive behaviour which will end up being at the expense of the consumer. So, by that logic, some regulation is certainly necessary to ensure fair competition. This sort of well functioning free market should be the antidote to an oligarchy, unless the public wills it to be so.
I would argue that capitalism is founded upon the ideals of libertarianism.
You can choose to not participate in the free market -- create your own local commune where you all freely share your own private goods.
Again, no one is forcing you to play a part in the capitalist system. You could grab a farm out in the middle of nowhere, completely off the grid and live off of your own goods (assuming you have some means to cover a theoretical minimum of property tax). That is, of course, unless you are advocating for socialism in that the government should be providing for you.