George Monbiot writes a scathing column about a British scientist-turned-businessman who used biological research to argue for laissez-faire but then turned to the gummint for a bailout when his business failed.
The charge of hypocrisy seems accurate in this particular case, but applied to libertarians as a whole this column is a cheap shot, especially as Monbiot rather breezily skirts over the issue that motivates a lot of libertarian thinkng, viz. that if humans are essentially self-seeking (a point he concedes) then restraining the State becomes of paramount importance:
Wherever modern humans, living outside the narrow social mores of the clan, are allowed to pursue their genetic interests without constraint, they will hurt other people. They will grab other people’s resources, they will dump their waste in other people’s habitats, they will cheat, lie, steal and kill. And if they have power and weapons, no one will be able to stop them except those with more power and better weapons. Our genetic inheritance makes us smart enough to see that when the old society breaks down, we should appease those who are more powerful than ourselves, and exploit those who are less powerful. The survival strategies which once ensured cooperation among equals now ensure subservience to those who have broken the social contract.
The democratic challenge, which becomes ever more complex as the scale of human interactions increases, is to mimic the governance system of the small hominid troop. We need a state that rewards us for cooperating and punishes us for cheating and stealing. At the same time we must ensure that the state is also treated like a member of the hominid clan and punished when it acts against the common good. Human welfare, just as it was a million years ago, is guaranteed only by mutual scrutiny and regulation.
Now surely Monbiot realizes that “treat[ing] the state like a member of the hominid clan and punish[ing it] when it acts against the common good” is easier said than done! This is where Hobbes’ argument for an all-powerful Leviathan runs into trouble. Hobbes says that, in order to guarantee social cooperation and avoid the war of each against all we need Leviathan to keep things in check. But who will keep Leviathan in check? Especially if, per Hobbes’ scheme, it’s invested with nigh-absolute power.
Indeed, as some anarchists have argued, on those terms you’re better off staying in the state of nature since your chances of surviving the depredations of your fellow human beings seem better when vast power isn’t concentrated in a single entity. It’s this drastic imbalance of power that makes the subject’s position vis a vis the State so precarious.
I’m not disagreeing with the need for regulation of business; Monbiot makes a good point when he says that globalization makes it easier for businesses to skirt responsibility to the communities it does business in or with. But I’ve always thought that progressives tend to overestimate the ability of governments to wisely and disinterestedly regulate things. If humans are fundamentally self-interested, then that goes for lawmakers and bureaucrats too.
The trick, it seems to me, is to make both business and government accountable to the people whom their actions affect. I’ve become convinced that small-d democracy needs to extend to the economic sphere as well as the political sphere. But I wonder if there’s a way of doing that without concentrating more power in the national state (or, worse, a kind of global superstate). The libertarian critique of state power can’t be so easily dismissed.

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