Libertarian Party says it has replaced the Republicans as the party of free market advocates

Press release from LPHQ

Nov 18, 2008
Libertarian Party Replaces GOP as Party of Free Market Advocates

Republicans Responsible for Massive Growth in Government Regulation

Following Senator John McCain’s 2008 presidential campaign, and the support of the massive bailouts by Republican members of Congress, the Libertarian Party says it has replaced the GOP as the party of free market advocates.

“The Republican Party no longer represents advocates of capitalism and the free market,” says Libertarian Party Director of Communications Andrew Davis. “The GOP’s mindless support of regulatory economic policy indicates it no longer has any philosophical or pragmatic opposition to government intervention in the marketplace. This abandonment of free market principles makes the Republican Party no more opposed to big government than their Democratic counterparts.”

The Libertarian Party points to Senator John McCain’s lack of opposition to the use of government in solving America’s economic woes. “This was the perfect opportunity to explain to America that government was the problem, and it was not the solution,” says Davis. “However, Senator McCain fervently believed that government had an important regulatory role in the economy, in what appears to be a growing sentiment among ‘conservatives’ in the Republican Party.”

Davis says there are still Republicans and Democrats who truly believe in the principles of capitalism, but says these Congressmen “have been so marginalized by the Party elite in the name of political expediency that they have become a silenced minority.”

The Libertarian Party’s platform states the only proper role of government in the economic realm is to protect property rights, adjudicate disputes, and provide a legal framework in which voluntary trade is protected. It further states that all efforts by government to redistribute wealth, or to control or manage trade, are improper in a free society.

The Libertarian Party blames the current financial crisis in part on government regulations and programs that distorted the housing market and removed the incentives of financial firms to make responsible lending decisions.

“If Americans want a political party that believes in the true meaning of a free market, they must look to the Libertarian Party,” Davis concludes. “The Libertarian Party is the only voice for capitalism in politics today.”

For more information on this issue, or to arrange a media interview, please call Libertarian Party Director of Communications Andrew Davis at (202) 731-0002.

The Libertarian Party is America’s third largest political party, founded in 1971 as an alternative to the two main political parties. You can find more information on the Libertarian Party by visiting www.LP.org. The Libertarian Party proudly stands for smaller government, lower taxes and more freedom.

6 thoughts on “Libertarian Party says it has replaced the Republicans as the party of free market advocates

  1. Michael Seebeck

    “replace”? The GOP never WAS a free-market advocate!

    As usual, Davis appears to have no clue.

  2. Steve LaBianca

    Can anyone say “clueless”?

    Sure, the LP staff is always trying to come up with some new angle on politics, and I don’t fault them for trying, but this is very, very old news.

    Maybe for Davis, and his mentor Shane Cory, they are just now, finding out that the Republican Party doesn’t support free markets,
    but this is just another example of how clueless the LP staff is.

    There was a time, actually for much of the LP’s history, where press releases were hard hitting, provocative, and timely in driving home real libertarianism, but alas, that time has passed, as lame releases such as this are completely in line with lame slogans now used, like, “The Libertarian Party proudly stands for smaller government, lower taxes and more freedom.” Ho hum, yawn, etc.

    How about a press release saying that the LP supports a laissez faire approach to the economy. The LP recognizes that intervention in the economy is the root cause of the massive economic problems in the U.S. now, and only by completely getting out of the way of market participants to find their way, will the economy have any real improvement.

    Heck, if Ron Paul can say it, the LP can (and should) too!

  3. Steve LaBianca

    BTW, in my previous post, when I say “intervention” and “getting out of the way”, I mean the state.

  4. libertyuk2000

    Mr. LaBianca:

    We here on the other side of the pond have much the same problem with our own industries. I do like what Mst. Davis has said and the way he expressed himself. However, I am open to new approaches or even old ones.

    Therefor, put your money where your mouth is as they say. I challenge YOU, if you’ll be so kind to entertain me, to write in this space YOUR own “press release” on this issue.

    Thank you,

    Geoffrey

  5. JimDavidson

    Well, if you like press releases to be hard hitting, check out the one Andrew Davis wrote, and quoted himself in, calling for much more federal government money to be spent on fighting child pornography. Presumably because they’ve been doing so well with the money they already have.

    When I called Andrew to ask him where in the constitution it provides for the federal government to spend money fighting child pornography – a criminal activity that would be left to the several states under a federalist system – Andrew responded that he thought the commerce clause allows the government to do anything.

    He’s a statist. He’s not a libertarian. He doesn’t understand libertarian values, he doesn’t read the Federalist papers, let alone the numerous anti-Federalist papers, and he doesn’t have a clue.

    It ought to embarrass the LP that they have this clueless person writing press releases and getting all excited about increasing the federal budget on some issue he thinks vitally needs more money. Andrew Davis should have been asked to resign when Shane Cory was.

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