General Discussion
In reply to the discussion: Confessions of a recovering Libertarian: How I escaped a world of Ron Paul hero worship [View all]Rassah
(167 posts)Regarding corporations, a "corporation" with its limited liability status is an entity created by government. Without government, corporations would not exist. There would just be businesses, with their owners taking full responsibility for whatever damage their greed causes. And since there won't be any government provided police (paid for with tax dollars from those being exploited), such businesses would need to pay for their own security, which will become more and more expensive if they piss off more and more people.
Actually, anarcho-capitalists see the biggest problem with corporate greed being corporations getting in bed with government, stealing from tax payers, using government to pass anticompetitive laws, and set up government protected monopolies, which they can then use to exploit everyone for maximum profit. Not that different from what progressives are complaining about (although maybe not in those exact terms).
As for the environment, anarcho-capitalists generally believe that environmental regulations have failed at this point, since the EPA has changed from a body that makes pollution illegal, to a department captured by corporate polluters that now writes regulations about what levels of pollution are ok. And those levels are constantly being increased. So the main problem is that, where pollution damage that actually harmed property used to be illegal, because it harmed property, now polluting corporations can point to the regulations and claim that they were well within regulatory limits, and their high levels of pollution are made legal by government. Plus there's also that whole corporate limited liability thing, where the people responsible for the damage are protected from any consequences.
Hope that explains it a bit.