Sorry if I was unclear. I didn't mean to link "libertarianism" and "despotic theocratic monarchy", but rather "libertarianism" and "ethics via purchasing power". Ideally, governments should be worried about ethics and businesses should be worried about making money. Instead, in the US today we have businesses worried about ethics and the government worried about making money.
> not a libertarian, but what do the alleged actions of of a theocratic monarchy have to do with the potential excesses of free market capitalism?
Probably because there's profit to be had in making deals with that theocratic monarchy. It's the same thing with China. If you're optimizing for market success as you are in free market capitalism, you're incentivized to overlook things that stand in the way of that success, like the immorality of making deals with foreign authoritarians.
