this post was submitted on 20 Jul 2023
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Hi all,

I'm seeing a lot of hate for capitalism here, and I'm wondering why that is and what the rationale behind it is. I'm pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn't the right forum for a political/economic discussion-- I'm happy to take this somewhere else.

Cheers!

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[–] jzzvid@lemmy.blahaj.zone 8 points 1 year ago (2 children)

Rothbard is the reason we associate Libertarianism with the Right. He's the one that suggested calling themselves Libertarians and Anarcho-Capitalists. Before him, Libertarianism was a Socialist thing and had little to do with Capitalism.

Basically, modern Libertarians stole the term from the Left to re-brand themselves as something they weren't and to create this guise of pretending to care about people's liberty and freedom—which they also don't because Rothbard supported and advised Fascists and had no problem with slavery or indentured servitude.

The Right loves to steal and re-define terms used on the left.

[–] jlou@mastodon.social 3 points 1 year ago* (last edited 1 year ago)

The anti-capitalist left should steal the term classical liberal from them: https://www.ellerman.org/wp-content/uploads/2020/03/Article-from-ReclaimingLiberalismEbook.pdf