How would Libertarianism affect the poor ?
As the level of “anti-poverty” spending in this country has risen, so has poverty. Government bureaucracies have no incentive to lift people out of dependency and every incentive to keep them in it; after all, more poverty means a bigger budget and more power for the bureaucrats. Libertarians want to break this cycle by replacing *all* income-transfer programs and allowing people to *keep* what they earn instead of taxing it away from them. The wealth freed up would go directly to the private sector, creating jobs for the poor, decreasing the demand on private charity, and increasing charitable giving. The results might diminish poverty or they might leave it at today’s levels — but it’s hard to see how they could be any *less* effective than the present system.
As the level of government spending in this country has risen, so has poverty. Government bureaucracies have no incentive to lift people from dependency and every incentive to increase their budgets and power. Libertarians want to break the chains of poverty and help the disabled. By allowing people to keep what they earn, wealth goes directly into the private sector, businesses create more jobs, and charitable giving increases. The current system allows the rich to collude with the government to take your property through eminent domain and taxation. A strong government always becomes an instrument of privilege. The rich can exploit their resources to influence the government to squash competition and receive special favors. Regulations, permits, licensing, zoning, and labor laws make it nearly impossible to pull yourself up by the bootstraps. Stronger property rights and a weaker government would weaken the elite and benefit minorities, small businesses, and the poor.