How Libertarianism Fails

Modern libertarianism is founded on ideas of the prevalence of individual rights, privacy, and respect for private property and the absolute negation of coercion and involuntary restrictions toward sovereign individuals.  Traditionally, compulsion is associated with the institution of the state, which libertarians consider a necessary evil. However, we should not forget that the emergence of the state logically follows from the libertarian philosophy itself.  It recognizes that humans are lawful owners of their bodies and consciousness and varying in their physical and mental abilities.  At the same time, all humans are born free and equal before the laws of the land; they are endowed with natural rights in their pursuit of happiness.  The delicate interplay of nature and nurture results in a whole pallet of skills that differentiates people in their commercial undertakings.  It feeds the specialization and division of labor at...(Read Full Article)