In the course of the twenty-first century what may be called the "capital wage" could be added to the labor wage and the social wage, so that middle-class Americans - not merely an affluent minority - might derive income from three sources rather than just two.
Michael LindLibertarianism and communism are equally crazy in opposite ways. Libertarians believe that it is possible to privatize everything without anarchy, while communists believe that it is possible to socialize everything without tyranny.
Michael LindWhere was the libertarian right during the great struggles for individual liberty in America in the last half-century? The libertarian movement has been conspicuously absent from the campaigns for civil rights for nonwhites, women, gays and lesbians.
Michael LindCivil libertarian activists are found overwhelmingly on the left. Their right-wing brethren have been concerned with issues more important than civil rights, voting rights, abuses by police and the military, and the subordination of politics to religion - issues like the campaign to expand human freedom by turning highways over to toll-extracting private corporations and the crusade to funnel money from Social Security to Wall Street brokerage firms.
Michael LindOn the conservative side, today's libertarianism is far more dogmatic and devoid of qualification than the liberalism of Adam Smith or J.S. Mill. Like Marxism, libertarianism is a utopian worldview based on an economic-determinist vision of history. Unlike Marxism, libertarianism is highly specific in its predictions about the transition to the utopian world order, rendering it vulnerable to fact.
Michael LindIf you have free universal health care and free education supported by public school taxes, then you have more bargaining power with your bosses, but if everything is privatized, and ordinary Americans have to pay for everything through their wages, then they're at the mercy of their employers. If the workers know they'll be ruined if they lost their jobs, they're not going to be uppity. You want to break their spirit.
Michael Lind