Thoughts on Freedom

by Andrew Russell

One of the more twisted maladays that the concept of “Fusionism” has inflicted upon us pro-market advocates is an attitude towards markets I like to call “Punishment Capitalism” (not inherently related to the similar sounding “Sado-Monetarism”). The concept of Fusionism, by which advocates of liberty could justify noncoercion as a means to Conservative ends, was first proposed by Frank Meyer; editor of the intellectually toxic “National Review” magazine. Previously, I have discussed the problems of Fusionism, for example how it forces libertarians to justify freedom as a means (implying that freedom is not a worthy goal in and of itself), and also how it was the libertarians who provided all the intellectual ammunition and cultural assets (i.e. Mises, Hayek, Schumpeter and Friedman re-conquering academic economics for markets, Rand and Heinlein who injected the ideas of liberty into popular discourse) yet it was the conservatives that grabbed all the political power. Regardless, the ever-widening faultlines between conservatism and libertarianism are rendering Meyerian Fusionism obsolete. This article will look not at Fusionism itself, but at the attitude of Punishment Capitalism, which the Fusionists frequently carry and have spread.

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