I was talking with my sister a few hours ago; I was trying to get her to explain the difference between social entrepreneurship and regular entrepreneurship was. I was accused of being a dick, but she was entirely unsuccessful (at least to my mind, as I kept on coming up with valid counter examples to her definitions). On the way home, I actually came up with a definition that I think is perfect (and also encompasses social entrepreneurship, if it is clarified as entrepreneurship that furthers the liberal agenda). The definition is quite simple:
The liberal agenda is to equalize relative wealth by placing into stasis absolute wealth.
In order for this definition to make sense, one has to understand that economics extends to all facets of human action, not just those that are denominated in dollars, and that wealth is anything that is valuable (including political power). It is also important to note (although I tried to make this clear via the construction) that the second half is always subordinate to the first.
The second part of the definition is very important, for while it is implicit in the first part (if one doesn’t hold absolute wealth in stasis, one can’t equalize it), it doesn’t capture the whole picture. Liberals, in general, constantly work to fix in place the world even when it will have a negligible impact on the relative distribution of wealth. The remarkable uptake of the crusade, first against global cooling and now against global warming are great cases in point, although hardly aberrations. The curious non-decision to rebuild New Orleans after Hurricane Katrina (instead of say… giving all the evacuated residents 1/x of the rebuilding funds and saying “best of luck”) is another.
Libertarianism, then, makes perfect sense to me as a political movement. It occurred at a time when liberalism was extremely weak. Most countries were governed by Monarchs in concert with Nobles. The liberals who were libertarians at the time were perfectly willing to give up the second part of the agenda (which is always subordinate) to achieve more of the first.
I want to make clear that this is a description of the actions of liberalism as a whole, not the mindset or arguments backing any particular person who claims to be liberal (or libertarian for that matter).
Update: There is one curious aberration to the rule that the means suborn the ends, and that is Walmart in particular and to their support of Union type movements in general. This is an aberration because Walmart does more for the poor than any other organization I know of, by simultaneously providing low wage jobs and by dramatically increasing buying power at the low end of the economy. My first impulse is to chalk it up to history and sentimentality, but I think there is something even more devious going on here. One of the interesting aspects of liberalism is that it constantly promotes democracy even though everyone hates it (thanks Mencius). The reason this works for liberalism is because liberalism wins when it comes to politics. There is simply no other political organism which can compete. Unions, then, are a way to grow the sphere of politics and shrink the market. Walmart’s crime is to be so efficient that it makes Unions economically impossible - essentially it out competes a limited (and extraneous) form of government.
A revised description of liberalism is:
Liberalism seeks to increase the scope of politics by placing into stasis absolute wealth in order to equalize relative wealth.
The clause-order of priority is then one, three, two.
Update 2: One of the interesting things that falls out from this is that the key liberal value - the thing that liberalism seeks above all else - is death. This really shouldn’t be very controversial as death is another name for economic stagnation. It is interesting to me that this makes me much more confident of my analysis because it follows the same pattern that pathogens that do when they share the same niche - the most virulent (and hence damaging for the host) out competes all the other ones.
equality history liberalism libertarianism social entrepreneurship