But your question wasn't about the net effect of the industrial revolution, but rather the results of an unfettered, free market, post-industrial capitalist economy.
Sure the question was...I asked what the results were...and net effects are definitely part of the results and are probably the most important result.
Note though, that I'm not sure how you mean "unfettered", but hopefully you don't mean without government enforcement of basic laws.
We've seen those results: huge monopolies, robber barons, unsafe working conditions and the exploitation of the working class, exploitation of child labor, corporate irresponsibility with regard to product safety and liability and environmental stewardship.
Well, that's a lot to throw out at once. Let me just ask about one category...the huge monopolies. Are you referring to Ma Bell or something similar? What would be one monopoly that came about as a result of this market. That would probably be easy to explain quickly.
An absolutely free market hasn't really been tried, and it probably never will be. And even if it were, it would be unstable. With non-democratic governments, the government has an irresistible temptation to game the market for their own benefit,
This is a very interesting point, and one of the few concerns or criticisms of libertarianisms ability to work in the real world that actually seems to come from understanding of what the libertarians are saying instead of ignorance of it.
I'd like to ask some "real" libertarians about this. Do you think that checks on government power (like the three houses) could help this? They may say that government temptation exists in every form of government though and is thus not really a criticism or a specific concern.
The example of Somalia is not a libertarian system. It's got a free market, but no reliable contract enforcement, which is a requirement of a libertarian (as opposed to anarchist) system.
Thank you for saying this. It's so frustrating to want to talk about an idea and get bogged down in a relentless parade of strawman arguments.
So again, why allow regulations that protect capital but not regulations that protect labor? A truly free market would not protect intellectual property. What good reason is there not to prohibit child labor or slavery?
I'm not sure what you're talking about. "Protect capital but not labor?" Regulations against stealing and murder and so on protect everyone and allow people to exercise their freedom and live their lives, in addition to allowing a market to exist. I reject your premise that those regulations are somehow non-sequiturs or have no reason to be there.
Intellectual property is a regulation that controls prices. All ownership of private property is essentially an artificial control on supply and demand, as wealthy individuals can hoard resources that would otherwise be cheap and abundant.
This is like a strawman wrapped in an equivocation tied up with an argument from ignorance. I'm sorry but it's just far too exhausting to have to pick through all of this. The libertarians to my knowledge believe that a free market system without artificial government control over prices, supply and demand and the like, are what's best ultimately for creating quality of life. There are certain things necessary for this free market system to exist. The libertarians do not believe in anarchy and anarchy is not pure supply and demand. Please recognize this as I want to talk about the libertarian ideas in practice and not get bogged down repeating things over and over.
Libertarianism is anarchy for the worker as the government's only role would be the protection of capital. Why do you value private property over human life? It's a totally illogical and antisocial philosophy.
Now you're moving into strawman arguments in the form of putting words in people's mouths. Private property is necessary for a market to exist, and the libertarians believe that the market makes human life better.
I'm not going to continue this with you.
I think the distinction you're making is largely arbitrary. Enforcement of intellectual property rights, as I've mentioned, has a profound effect on supply, demand and price. So do environmental regulations, workers' rights, etc. (ETA: And so do the things you mentioned: defining and protecting property rights, establishing a stable nation and society, etc.)
It seems the only distinction you want to make are whether government intervention is pro-business or not (i.e. pro-labor, pro-environment, etc.)
I disagree with your claim that there is a distinction between pro labor and pro environment in the 'free free market' idea. The controls that are REQUIRED for the market to exist are "pro everything." When people can have personal or intellectual property rights protecting their property or innovations, they WILL innovate in order to make money. Even the people who WOULD steal the invention are ultimately better off because under a stealing-allowed system there WOULD BE NO innovations for them to steal in the first place.
Forgive me if I'm misunderstanding you guys, but it's a bit hard to pick apart the various assumptions being made in your posts.
Libertarians would be anarchists if they actually thought through their philosophy and were logically consistent. None of them can explain why they arbitrarily support some regulations (like property rights) and not others.
Yes they can, see my above replies to you and please stop with the strawmen.