Comment No such thing as a "correct amount of regulation" (Score 3, Insightful) 438
Libertarianism is about the correct amount of regulation and no more.
Which is where they go off the rails because there is no such thing as "the correct amount of regulation". There is a range of regulations that work and beyond it they don't work. There is no one right answer. You can have a more socialist country or a more capitalist one and both can work just fine. This isn't supposition on my part - there are plenty of real world examples of both. There is a range of what works. Some amount of regulation is absolutely required for a society to function. Beyond that there is a range of quantity of regulation that works. Further on you can over-regulate things to death.
The problem libertarians frequently have is they tend to confuse less regulation with being better. Sometimes that's true but frequently it isn't. It's the same mistake a lot of conservatives make regarding taxes - thinking less always equals better when that is demonstrably not true. Sometimes the regulations we have exist for very good reasons but some let ideology get in front of what actually works. You might prefer less regulation to more and that's a fine viewpoint to have but when one gets to the point where you are screeching that all regulations are bad then you no longer are arguing the facts.
If you think all regulation is bad, congratulations, you are an Anarchist.
Exactly. And thinking all regulation is good is just as stupid.