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What are some flaws of free market capitalism that libertarians should know?
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Don't get me wrong guys I am a libertarian my self and believe in free market capitalism as the best system of allocation of goods and services. But I do see some drawbacks, such as the fact that a capitalist economy won't necessarily hold its ideals for too long and it would progress into crony capitalism and possibly into something completely different if given in off time (Yes, like a Road to Serfdom kinda thing).
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- 11 years ago
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