One interesting feature of libertarian theory is its ability to offer a critique of corporate capitalism from the perspective of laissez faire economics. The political economics of societies with large corporations are troublesome, and if you read left-wing literature you’re sure to encounter an endless stream of analysis discussing the problems with large and powerful corporations. What’s interesting, therefore, about the implications of Austrian – libertarian – economics is that under this interpretation one might conclude that free markets make the accumulation of wealth rather difficult...
