Monte wrote:
I did not equate libertarianism with anarchism, although the two are pretty close when they play out, in practice.
Yes you did, and no they don't.
You stated "without regulation." That isn't libertarianism, that's anarchism.
Monty wrote:
In a true free market that lacks any and all government regulation, and in a society where health care is only for those that can pay, there is absolutely no doubt that the conditions I described above would come to pass. Business owners, concerned with profits and unregulated by government, would pollute to their hearts content.
You mean, an anarchistic market?
Monty wrote:
If the public were to sue them, they have the means and influence to make sure that they win those court cases. The "market" would not serve as a magic bullet against the vagaries of our society and human nature.
If the market were totally unregulated, there would be no cause of action to sue. You have therefore created either a false analogy or a false dilemma, I'm not sure which. The point is, your statements above are incorrect.
Monty wrote:
Money talks, and the ones making the money would be calling the shots. Our air would be poisonous, our water would be a cess pit, and disease would spread like wildfire with no government ability to keep it in place. That's the ultimate look of a libertarian society. Look no further than Somalia for an example of a country operating without government restriction. '
Indeed, Somalia is a great example of anarchy and tribal despotism (which is what anarchy eventually evolves into).
Monty wrote:
A complete lack of government regulation on business would lead to a great deal of harm. That's why government regulation came to pass in the first place - corporations, more concerned with their bottom line and not concerned with the effects their industry had on the public and the world around them did great harm, and government steped in to protect the public.
That's relatively inaccurate as well. Law essentially exists to provide an alternative to violence in response to harm. It creates methods of restitution. Regulations exist to provide grounds upon which to sue companies. As such, they might serve as a deterrent, but they don't prevent wrong-action from occuring.
They simply give individuals the ability to try and be made whole following wrong-action.