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The great error of the last 50 years is that conservatives think that they should unthinkingly endorse laissez -faire economics, but as presently conceived the free market destroys most of the things conservatives value; it destroys traditions, family life, societies, cultures, and established ways of doing things. The market place, as understood by contemporary neo-liberalism, is something no genuine conservative should support or endorse.

 

Phillip Blond

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Political conservatives have focused on tax reduction as an economic growth strategy for three reasons. First it is self-serving; it saves rich people lots of money. Second, it comports with their ideological allegiance to laissez-faire economics. And third, tax incentives are less intrusive to business-as-usual than any other form of government planning.

 

Robert Kuttner

 

Libertarians complain that the state is parasitic, an excrescence on society. They think it’s like a tumor you could cut out, leaving the patient just as he was, only healthier. They’ve been mystified by their own metaphors. Like the market, the state is an activity, not an entity. The only way to abolish the state is to change the way of life it forms a part of. That way of life, if you call that living, revolves around work and takes in bureaucracy, moralism, schooling, money, and more. Libertarians are conservatives because they avowedly want to maintain most of this mess and so unwittingly perpetuate the rest of the racket. But they’re bad conservatives because they’ve forgotten the reality of institutional and ideological interconnection which was the original insight of the historical conservatives. Entirely out of touch with the real currents of contemporary resistance, they denounce practical opposition to the system as “nihilism,” “Luddism,” and other big words they don’t understand. A glance at the world confirms that their utopian capitalism just can’t compete with the state. With enemies like libertarians, the state doesn’t need friends.

 

Bob Black

 

Money is different from all other commodities: other things being equal, more shoes, or more discoveries of oil or copper benefit society, since they help alleviate natural scarcity. But once a commodity is established as a money on the market, no more money at all is needed. Since the only use of money is for exchange and reckoning, more dollars or pounds or marks in circulation cannot confer a social benefit: they will simply dilute the exchange value of every existing dollar or pound or mark. So it is a great boon that gold or silver are scarce and are costly to increase in supply.
But if government manages to establish paper tickets or bank credit as money, as equivalent to gold grams or ounces, then the government, as dominant money-supplier, becomes free to create money costlessly and at will. As a result, this 'inflation' of the money supply destroys the value of the dollar or pound, drives up prices, cripples economic calculation, and hobbles and seriously damages the workings of the market economy.

 

Murray Rothbard

 

Private property capitalism and egalitarian multiculturalism are as unlikely a combination as socialism and cultural conservatism. And in trying to combine what cannot be combined, much of the modern libertarian movement actually contributed to the further erosion of private property rights (just as much of contemporary conservatism contributed to the erosion of families and traditional morals). What the countercultural libertarians failed to recognize, and what true libertarians cannot emphasize enough, is that the restoration of private property rights and laissez-faire economics implies a sharp and drastic increase in social “discrimination” and will swiftly eliminate most if not all of the multicultural-egalitarian life style experiments so close to the heart of left libertarians. In other words, libertarians must be radical and uncompromising conservatives.

 

Hans-Hermann Hoppe

 

When laissez-faire creates instability, the move to a freer market can be something less than pure gain.

 

Robert Kuttner