Statists and Keynesian economists point to class disparities and lack of social justice as an example of why Laissez-Faire/Austrian economic policies do not work. They point to the impoverished, both in the developing world and in the United States, as examples of victims of greedy, ruthless capitalism. While these people are righteously pointing at a social and economic problem that needs to be addressed, they need to realize who their real enemy is. The cause of grandiose international corporate exploitation comes not from true capitalism and free enterprise, but from military statism.
Take for example some of the economic injustices in the developing world. Many will quickly point the finger at European colonial imperialists as the reason for poverty, famine, disease, and war in places like Africa, Latin America, South Asia, and the Middle East. This is often true. But these Europeans were not capitalist societies. They were statist societies.
The U.K. began its colonization of India with something known as the East India Company, which was a public company with a royal charter. India had its own social structure in place with a rigid caste system, where Maharajahs and rich Brahmin merchants ruled all the citizens down to the untouchables.
When the British merchants arrived in the 1700s, they began making corporate deals with the highest castes. More and more troops came each year, with the navy escorting the merchant vessels, and army guarding the trading posts. In 1858, the London government seized full control of the Indian subcontinent using full military force. At this point, it is obvious that there is nothing of a free market, capitalist approach in this situation, as it required