One of my personal favorite fallacies to hear from people about libertarianism is that it would let all the corporations run wild with their obscene profits and screw over the consumer.
Which, of course, is why the following is true:
- They never donate to real libertarian causes (Super Koch Bros. don’t count).
- They’re special entities created by the state that receive special state privileges (favorable regulations, bailouts, subsidies, government contracts) that by definition, require the state in order to exist.
- The CEOS are invited to dinner parties with our Glorious Leader, described as “part of our ongoing dialogue with the business community on how we can work together to win the future, strengthen our economy, support entrepreneurship, increasing our exports, and get the American people back to work.”
A corporation as understood in this context would not and could not exist in a truly free society. Libertarianism is not anti-capitalist (the word you’re thinking of is mercantilism) nor pro-corporation. It is anti-state and pro-free market.
Which is why corporate shrills don’t pine for the reduction of government anytime soon. They love the state, as long as it acts in their favor.