Chris Dillow — Libertarians & Marxism

There is, though, a third option here. It's to recognize that capitalism and real freedom aren't wholly compatible, and to look for economic institutions - of which a basic income is one - which better promote freedom. Libertarianism and Marxism have much in common.

Of course, Libertarianism of the right and libertarianism of the left have a lot in common in that they both value freedom. Freedom entails rights, and rights entail responsibility. The disagree is over prioritizing rights and responsibilities.

Libertarianism of the right accords the right to security of person and property much greater weight than does libertarianism of the left, which views human and civil rights as having the highest priority. Libertarianism of the right emphasizes individual independence, whereas libertarianism of the left emphasizes balancing individual independence, equality of persons, and interdependence.

Stumbling and Mumbling
Libertarians & Marxism
Chris Dillow | Investors Chronicle