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" "Kevin Carson has coined the terms “vulgar libertarianism” and “vulgar liberalism” for the tendencies, respectively, to treat the benefits of the free market as though they legitimated various dubious features of actually existing “capitalist” society (vulgar libertarianism), and to treat the drawbacks of actually existing “capitalist” society as though they constituted an objection to the free market (vulgar liberalism).
Roderick Tracy Long (born February 4, 1964) is a professor of philosophy at Auburn University. He also serves as a Senior Scholar for the Ludwig von Mises Institute, an editor of the Journal of Ayn Rand Studies, director and president of the Molinari Institute, and an advisory panel member for the Center for a Stateless Society.
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Socioeconomic equality and legal equality both fall short of the radicalism of Lockean equality. For neither of those forms of equality calls into question the authority of those who administer the legal system. … Both forms of equality call upon that power structure to do certain things; but in so doing, they both assume, and indeed require, an inequality in authority between those who administer the legal framework and everybody else.
The widespread assumption that big business and big government are fundamentally at odds, and that big business supports a free market, serves to maintain the ruling partnership in power; indeed, ‘vulgar liberalism’ and ‘vulgar libertarianism’ (in Carson’s sense) represent the dominant ideologies of the establishment left and establishment right, respectively. The establishment left disguises its government intervention on behalf of the rich as government intervention on behalf of the poor, while the right disguises its government intervention on behalf of the rich as an opposition to government intervention per se – and each side has an interest in maintaining the myth propagated by its nominal opponent. For those who are repelled by the realities of corporate capitalism are lured into becoming opponents of the free market and foot soldiers for the left wing of the ruling class, while those who are attracted by free-market ideals are lured into becoming defenders of corporate capitalism and foot soldiers for the right wing of the ruling class. Either way, the partnership as a whole has its power reinforced.
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Merely pointing to the fact that some people have a lot more than others is less compelling as a critique; it invites the response “So what? Those who have more aren’t hurting anybody; you’re just appealing to envy.” By contrast, being able to show that those who enjoy a higher socioeconomic status have to a considerable extent achieved and maintained that status by forcibly expropriating and oppressing the less affluent provides for a far more effective indictment.