DISQUS

eee_eff · 1 year ago

It seems Jerry Brito has decided not to allow this comment on his article "Another digital transition? Cuban says yes"

Care to weigh in on the new found suppression of views at TLF?

“…Obviously this would entail a government mandate to an industry, which we’re all biased against.”

But then why post this on a libertarian website? Because Jerry’s just come across one of the decisive contradictions of our time: A self-regulating market which corporate power advocates seek to impose upon society, requires state intervention. More specifically, democratic structures strongly mitigate against the type of a self-regulating market that corporate power structures would like to see built. This is the decisive conflict of our time. See Karl Polanyi in The Great Transformation:

“Strictly economic liberalism is the organizing principle of a society in which industry is based on the institution of the self-regulating market…For as long as such a system is not established economic liberals will call for the intervention of the state in order to establish it, and once established, in order to maintain it.” (page 149)