I'm trying to understand what libertarianism is about, so I've come up with a few thought experiments that you guys should easily be able to explain. If the question is flawed (for example I have a misconception of how an ideal libertarian system would function), then saying it is flawed is also an acceptable answer.
A group of researchers discovers that the use of a certain chemical, Freon, allows refrigerators to be built extremely safe and cheap. Discarded refrigerators using Freon also deals an unsustainable amount of damage to the environment.
--Question--: Should the production of these refrigerators be allowed to continue?
Following an outbreak of a certain disease, there is a need for large amounts of medication for that disease, and unfortunately, the medication is not common. The owners of the medication distribution chain decide to charge 100x the regular amount for the medication.
--Question--: Should these people be allowed to do this?
A group of researchers makes a breakthrough and a large corporation uses the fruits of their research to increase their profits. The researches derive no benefit from their work.
--Question--: Should something like copyrights exist to prevent this from happening?
A company sells a very addictive drug.
--Question--: Should this be allowed?
Basically I'm trying to get a feel of how / if consumer protection is handled in a libertarian system.
Submitted April 10, 2017 at 04:37AM by TortugaTerritory http://ift.tt/2nvu76X Libertarian
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