The Oberlin Review

Government Regulation Allows Capitalism to Succeed

Bob Gross, Oberlin visitor

May 5, 2017

To the Editors: In regard to the columns that have appeared in the Review debating libertarian capitalism: While I am a proponent of capitalism, I believe libertarian capitalism would be a disaster. It would be far too easy for the wealthy and powerful to exploit markets in a system of libertarian capitalism. The production of goods and services would be governed by monopolies. An easy illustration for how this would transpire can be seen in the way professional football evolved into a monopoly. At one time there were two separate professional football leagues: the American Football League and the National Football League. The two leagues bid for the services of prospects coming out of college, res...

Libertarian Ideology Protects Capital at Workers’ Expense

Jordan Ecker, Contributing Writer

April 21, 2017

Jacob Britton’s latest attempt at political debate begins, “It was only a matter of time…” Indeed, I suppose it was. I can’t help but feel that the first paragraph of Britton’s latest foray into the wide world of political economy is symptomatic of the bizarre way the right behaves on college campuses: They seem fixated on producing disagreement and then howl with joy and roll around in the mud when they find it (“Positive Rights, Not Capitalism, Require State Violence,” The Oberlin Review, April 14). Britton hilariously echoes the meme “so much for the tolerant left” by accusing me of failing to live up to the left’s “benign” reputation — for the record, I have no interest in treat...

Positive Rights, Not Capitalism, Require Violent State

Jacob Britton, Contributing Writer

April 14, 2017

It was only a matter of time before a fellow Oberlin student would respond to my right-leaning op-ed condemning wealth distribution. Jordan Ecker begins his refutation by stating that my article is a mere “rehashing of key libertarian talking points,” then goes on to respond with his own rehashing of leftist talking points (“Libertarian Economics Crudely Misguided,” The Oberlin Review, April 7, 2017). Therefore, it is only appropriate that I disprove his rebuttals one-by-one since it is in this same format that he responded to me. Ecker opens his response by attempting to refute my argument on how only certain kinds of taxation are justified if the activities of the state being funded by the taxpayer are esse...

Libertarian Economics Crudely Misguided

Jordan Ecker, Contributing Writer

April 7, 2017

Jacob Britton’s “Wealth Distribution Fails to Invigorate Economy” is a five-paragraph rehashing of key libertarian talking points (The Oberlin Review, March 31, 2017). It may prove heuristically useful, then, to offer a step-by-step rebuttal of each argument to demonstrate the overwhelming inadequacy of libertarianism as a political philosophy. Britton poses three questions: What justifies wealth redistribution, what would redistributed wealth look like and is wealth redistribution good for the economy? Arguing on avenues paved by libertarian thinkers like Robert Nozick and Friedrich Hayek, Britton says that the state is justified in taxation only for the purpose of “essential government functions like nat...

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