Death and destruction: This is David Koch's legacy (The Guardian)
Anarcho-capitalism was the real cancer plaguing the billionaire libertarian. And it spread across universities, halls of Congress and the White House
In 1992, billionaire industrialist David Koch was diagnosed with advanced prostate cancer and given just a few years to live. Thanks to his enormous wealth, he was able to purchase the best treatment in the world, and he survived 27 more years until his death last week.
For all his adult life, he’d led Koch Industries, a diversified manufacturing conglomerate, with his older brother Charles. Now taking in around $110bn per year, the company creates chemicals and fertilizers; it produces synthetic materials such as Lycra; it sells lumber and churns out paper and glass products; it makes electronics components used in weapons systems. But first and foremost, Koch Industries mines and refines petroleum and operates pipelines to spread it throughout North America.