Want ‘True’ Free Market Capitalism? Move to Somalia!
So every now and then some uninformed libertarian e-mails me stating that my beef ought not lie with capitalism- because in America, ‘we don’t have true capitalism’. The average Joe Fudgepack would invariably scratch his nut sack over this little doozy of a statement.
Believers in so called ‘true capitalism’ assert that what the U.S. has today is a form of ‘crony capitalism’- that is, big government colluding with big business, engaging in a type of socialism for the wealthy. Whilst those who hold such a point of view are correct in their assumptions, it must be understood that, well, this is what capitalism is all about! There is no ‘pure form’ of capitalism that can be returned to.
Capitalism by its very nature is concerned with only two elements- capital (or money, hence, ‘capitalism’) and private property. In this description alone, there exists no room for social justice or the human equation outright. Capitalism, truly, is a social-darwinian economic philosophy which advocates the rule of those with more in their piggy banks over those with less.
Libertarians opting for the return of ‘true capitalism’ ought to just pack their bags and ship off to Somalia (imagine the Drop Kick Murphys song, ‘Shipping off to Boston’ rather entitled ‘Shipping off to Somalia’ instead). Somalia is a land where true, unbridled ‘free-markets’ dominate- a place where one can accumulate all the wealth and property one so desires without any intervention whatsoever on part of the State. Think of it as capitalist heaven on Earth!
In the United States, we view the nation of Somalia as a place dominated by thieves and pirates. But we all know the only reason we use such terms to describe the Somalis is because they’re black- and on top of that, Muslim. The real question ought to be then, how is the ruling class of Somalia any different than the ruling class of the United States aside from religion and skin color?