libertarianism and right-wing regressivism: "free market absolutism" http://usa.mediamonitors.net/content/view/full/74602

The dogmatism of free market absolutism resides in the belief that the unregulated market never fails to be beneficial to all; the belief, in other words, that there are no malevolent effects of unconstrained market activity, no "back of the invisible hand." From this belief follows the insistence that the free market is self-correcting, and that there is thus no need for regulation – that, in Ronald Reagan’s enduring words, "government is not the solution to our problems, government is the problem."