The Leopold and Loeb of Modern Libertarianism
By Corey Robin
“While the disparity between the free-wheeling philosophy of the market and the reality of coercive capitalism has long been known, the last four decades have sharpened it. Partly because of the rise of an aggressive defense of untrammeled markets in the name of liberty, partly because of the assault on the welfare state and social democracy. For some on the left, today’s disparity between libertarian theories of the market and the reality of capitalism proves that the idea of the free market is a simple ideological mystification. “Nietzsche’s Marginal Children” takes a different tack: it tries to show that the practice is built into the theory, that it is not elided there but embraced.
“[ . . . ] the libertarian defense of the market—while often treated as a source of tension on the right because it conflicts with the conservative commitment to stability and tradition, virtue and glory—is in fact consistent with the right’s reactionary project of defending private hierarchies against democratic movements from below.”
I’d also recommend checking out another article in The Nation by Corey Robin: