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Dark Knight / Le Chevalier Noir
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Let us understand the nature of this top 1%: Most of their wealth is actually working day in and day out to sustain the economy from which the 99% legitimately benefit. The actual money which the top 1% spend on themselves is not very much, and even if this latter amount is snatched away from them and distributed to the rest, it will be pennies that the 99% will get...
The other aspect is that the ultra-rich can 'buy' the politicians with their wealth and make them take unfair steps / create unfair laws, that enable the ultra-rich to keep on exploitingly increasing their wealth. In Libertarianism, the politicians would not have the power to indulge in such corruption.
..........
You are saying 2 things here:
(1) Libertarianism is actually plutocracy,
and
(2) Libertarianism will "automagically" make corruption of the political class disappear
(1) is proof of the wolf-in-sheep's-clothing I have warned about concerning Libertarianism, and (2) is hilarious and presented with no supporting evidence.
Any particular economy must seek to meet as many societal needs as possible. Some economic systems are more successful at this than others (E.g. - Socialism is more successful than Capitalism).
But certain societal needs are based on other than pure economics.
These needs must be tweaked into the economy via Government redistribution legislation.
(2) Libertarianism will "automagically" make corruption of the political class disappear
(1) is proof of the wolf-in-sheep's-clothing I have warned about concerning Libertarianism, and (2) is hilarious and presented with no supporting evidence.
Capitalism can lead to plutocracy. Libertarianism prevents plutocracy.
Power corrupts (in politics) and Libertarianism makes corruption disappear by immensely reducing politicians' power.... nothing magical about it except that it is so good that it appears almost magical!
Not a government of politicians whose aim is to make as much money as possible while they are in power, and win votes by hook or by crook to maintain/gain power. We need government by individuals co-operating with like-minded individuals to take actions for the betterment of society, without violating the Natural Law.
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