this post was submitted on 03 Feb 2024
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how does libertarinism keep corporations from exploiting workers?
Depends on the scale of it, but in an extreme libertarian view, it would not. It would say the natural order of things would play out and that micro-society would end up in a balance where workers get enough of what they want and the corporation would get enough of what they want. No state or body should get involved unless one side involved them or they were requested in as a mediator. And that libertarian would expect that it essentially, eventually, "sorts itself out".
Though, since extremes of all social ideologies are completely naive to human nature, you'd find the majority of libertarianism ideas would be focused on protecting freedoms which is often more sensibly done with a government, but one that listens and is not corrupted or swayed by either side.
It's interesting as this kind of thing can see libertarians fight each other over contradiction—the concept of a free market, for example. But I think the majority of them are more or less a bunch of Adam Smiths and his views were very libertarian while also sanely criticising libertarianism and where it does not work or does need to involvement of state or some form of authority, essentially to save people from themselves.