"Libertarianism is, in theory, no defender of the rich and powerful who must always be subject to market competition. As a libertarian who has engaged in countless classroom and online debates, I’ve often asked myself why other people cannot see that. However, I’ve come to understand the reasoning behind the intuitive criticism from the Left that libertarianism is about maintaining current power structures. Libertarianism should not be an apologia for the rich and the status quo – but, on reflection, I have to concede that it is. The issue is not with the theory and ideology of a free market, but problems arise when we deem current economic structures to be reflective of a genuine free-market (and therefore legitimate) when in reality our market economy is rigged by the state on many levels. This is what Roderick Long refers to as ‘conflationism.’ Libertarianism is based upon solid intellectual and theoretical foundations of how a free-market society should operate, but when these free-market arguments are applied to defend the corrupt, cronyist, corporate state rigged market capitalism we have at present, the effect is not to support a free market, it is merely to excuse rent-seeking corporations that are beholden to state power."