Aren't there situations where the free market doesn't work out so nicely for everyone?
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Aren't there situations where the free market doesn't work out so nicely for everyone? by Libertarianism FAQ 0 1970-01-01
Libertarianism is not an all-or-nothing philosophy. Different libertarians advocate for different levels of government intervention. An emergency situation, eg., a major war, disaster, irreplaceable resource exhaustion, etc. will almost certainly require a lot of government action. This FAQ aims to show that barring such extremely rare situations that can be handled then using exceptional measures, libertarianism works, and therefore they are no reason to forego libertarianism altogether.
To show this, we go through situations where it seems like the free market would be unfair, and explain why they won't be an issue.