Daily Take: Will the US and Argentine Flirtation with Libertarianism End in Disaster?
The Hartmann Report
Thom Hartmann
4.5 • 1.3K Ratings
🗓️ 30 January 2024
⏱️ 22 minutes
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Summary
Just turn everything over to the morbidly rich and let them and their companies run the entire country along the profit motive lines? What could possibly go wrong?
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Transcript
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| 0:00.0 | Will the U.S. and Argentine flirtation with Libertarianism end in disaster? |
| 0:07.0 | Usually it's Republican politicians bragging that they're more libertarian than conservative, |
| 0:12.0 | but this time it's a Democrat Bobby |
| 0:13.8 | Kennedy Jr was reportedly thinking of running for president on the |
| 0:17.4 | Libertarian Party ticket. This bizarre experiment of Libertarianism now |
| 0:22.2 | officially a political party with ballot |
| 0:24.2 | access in all 50 states, has been promoted by the billionaire class ever since World War II, |
| 0:30.2 | and it's literally killing some of us along with threatening our Democratic Republic. |
| 0:34.6 | The reporter Mark Ames describes or documents how back in the 1940s a real estate lobbying group |
| 0:41.1 | came up with the idea of creating a new political party |
| 0:43.6 | to justify deregulating the real estate and finance industries so they could make |
| 0:48.0 | more money. This new Libertarian Party would give an ideological and political cover to their goal of becoming government free, |
| 0:56.0 | and they developed an elaborate pretense of governing philosophy around it. |
| 1:01.0 | Their principal argument was that if everybody acted separately and |
| 1:06.6 | independently in all cases with maximum selfishness such behavior |
| 1:10.9 | would actually benefit society. |
| 1:13.0 | There would be no government needed beyond an army and a police force |
| 1:16.0 | and a court system to defend the rights of property owners. |
| 1:20.0 | It was a freakish twisting of Adam Smith's reference to the invisible hand that regulated trade among nations. |
| 1:26.0 | They pretend that things will simply run themselves, but they're wrong. |
| 1:30.0 | Guiding government leaves a huge power vacuum that will inevitably be filled by the nation's olics. guiding government |
| 1:33.4 | be filled by the nation's oligarchs. |
... |
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