Center for a Stateless Society
A Left Market Anarchist Think Tank & Media Center
Tag: capitalism
Socialist Ends, Market Means on Feed 44
C4SS Feed 44 presents “Socialist Ends, Market Means” from the book Markets Not Capitalism, written by Gary Chartier, read by Stephanie Murphy and edited by Nick Ford. Left libertarianism represents a particularly radical development of generally acknowledged libertarian moral judgments and an elaboration of the implications of moral principles that can be seen to provide plausible grounds for rejecting…
Obama to GOP: Our Billionaires are Better Than Yours!
Speaking at a $10,000-a-plate fundraiser hosted by Democratic billionaire Rich Richman, President Obama denounced the GOP as — wait for it — the “party of billionaires” (Douglas Barclay, “Obama blasts Republican billionaires at home of Democratic billionaire,” Rare, Oct. 9). “If Republicans win, we know who they’ll be fighting for. Once again, the interests of billionaires…
Paul Krugman: “Leave Obama Alone”
In his recent Rolling Stone cover story (“In Defense of Obama,” October 8), Nobel Prize-winning economist,  peak liberal and New York Times commentator Paul Krugman lays out what he believes is a qualified defense of Barack Obama’s presidency: A sycophantic love letter from a man who surely must know better, but either has chosen to ignore six years of…
Wat is links-libertarisme?
Links-libertarisme krijgt de laatste tijd veel aandacht in de bredere Amerikaanse libertarische gemeenschap. De term links-libertarisme is op vele manieren gebruikt binnen de Amerikaanse politiek, en er lijkt enige verwarring te zijn binnen de libertarische gemeenschap over wie die links-libertariërs nou werkelijk zijn. De basisideeën van links-libertarisme, zoals wij ze bij Alliance of the Libertarian…
To Arms!
The following article was written by Dyer Lum and published The Alarm, June 13, 1885. An Appeal to the Wage Slaves of America. Should American Workingmen Arm Themselves? An Old Soldier Utters a Cry of Warning. Private Capital Demands Its Pound of Flesh at the Point of Bayonet. Slaves or Freemen? Which? Comrades. You have heard the…
It Ain’t Illegal — I Oughta Know, I’m the Sheriff!
At the Washington Post‘s Wonkblog, Jason Millman argues that expensive drugs are often worth the cost (“Why extremely expensive drugs are often worth the cost,” October 6). Although expensive specialty drugs like Sovaldi for Hepatitis C cost thousands of dollars a month, they may provide significantly greater benefits than traditional drugs — including “treatments for complex diseases…
Free Market Socialism: An Introduction
My good friend Ciaran, who introduced me to the insights of free market libertarianism (Particularly the works of Frederic Bastiat and Ludwig von Mises), expressed his confusion at the notion of free market socialism. As the concepts are typically considered polar opposites, I figured I would offer some glimpses at various strains of free market…
Outside of Libertarianism: Corporate Capitalism Doesn’t Belong to Us
In a new article for Rolling Stone, “Inside the Koch Brothers’ Toxic Empire,” Tim Dickinson attempts to present the frequently demonized brothers Koch as essentially hardline libertarians, whose radical free market ideology is thoroughly mixed into their business philosophy and practices. We’ve all seen this article before. Liberal media outlets have made a whole industry…
Jeff Madrick’s Misplaced Criticism of Free Trade
If you accept your enemy’s conceptual categories, you’re apt to wind up with a badly framed debate in which both sides are unsatisfactory. Jeff Madrick’s article “Our Misplaced Faith in Free Trade” (New York Times, October 3) clearly demonstrates this. The corporate state and its stooges in both major political parties and the commentariat are heavily…
On Big Box Stores and the Abuse of Hayek on Feed 44
C4SS Feed 44 presents Kevin Carson‘s “On Big Box Stores and the Abuse of Hayek” read Christopher King and edited by Nick Ford. Borders at least tips his hat to the possibility that there is some local government aid to Big Boxes. But he does so in the manner of Lincoln’s anecdotal Jesuit who, accused of…
Debt: The Possibilities Ignored
It’s no secret that economists and libertarians have developed a bad habit of assuming things about history and other societies on first principle without actually checking archaeological or anthropological findings. On occasion the divide can be quite stark. David Graeber’s Debt: The First 5000 Years gets a lot of momentum by attacking a widely circulated…
Open Competition as “Competition Law”
A recent story in the Wall Street Journal highlights the “growing roster of countries” that now want a say in the world’s major corporate mergers. Given the interconnectedness of today’s global economy, it is no wonder that more than 100 international jurisdictions now claim antitrust authority to examine deals, all “embracing different approaches for evaluating…
Perceptions of Power
Parsing Political Divides in the Mainstream and in Anarchism CNBC describes the Corporate Perception Indicator as “a far-reaching survey of business executives and the general population from 25 markets,” “research firm Penn Schoen Berland survey[ing] 25,012 individuals and 1,816 business executives.” The results of the survey show quite unsurprisingly that the general public associates government…
Austrian Exploitation Theory
Marx had no monopoly. Eugen von Böhm-Bawerk (1851-1914), the second-generation giant of Austrian economics, famously refuted the theory, most commonly associated with Marx, that the employer-employee relationship is intrinsically exploitative. Less well known is that Böhm-Bawerk had an exploitation theory of his own, which he expressed in his 1889 masterpiece, Positive Theory of Interest, volume…
New Wine in Old Bottles
Big is not beautiful when it comes to economics. This is the key message of Kevin Carson’s “Industrial Policy: New Wine in Old Bottles“. His essay makes compelling arguments in favour of an anarchist society based on small-scale community manufacturing, peer-to-peer production and decentralised production. Carson sets out the ways in which the state concentrates economic…
Klan-Baiting the Wobblies: Unreasonable
About the only thing A. Barton Hinkle gets right about the Industrial Workers of the World in “Meet the Left-Wing Extremist Running for U.S. Senate” is not calling them the “International Workers of the World”. Although at least Reason likening the “Wobblies”, whose founding antedates the Russian Revolution by over a decade, to “warmed-over Lenin” is not the…
Keystone East: Not as Reasonable as Reason Thinks
The Keystone XL pipeline is something no libertarian can support if consistency with free market principles matters. But that doesn’t stop a lot of right-leaning self-proclaimed libertarians from instinctively defending it — after all, anything that promotes fossil fuel use and gets environmentalists bent out of shape has to be “libertarian,” right? Thus A. Barton Hinkle’s “Get…
“It takes money to make money”
“It takes money to make money.” An old, oft-repeated saying, it is certainly true enough as a statement describing the functioning of capitalism. The idea is that once one possesses capital, she can loan it to others for interest or rent, or else invest it in some productive enterprise to earn profits, sitting back and…
The Feds: A Fox in Home Depot’s Henhouse
According to New York Times columnist Joe Nocera (“Criminal Card Games,” September 16), Home Depot’s security breach — the latest in an ongoing series of extensive exposures of customer financial information from large retailers — explains “why the federal government needs to get involved. With the banks and retailers at loggerheads, only the government has the ability to…
George Reisman — Piketty’s Capital
George Reisman. Piketty’s Capital: Wrong Theory, Destructive Program (TJS Books, 2014). Reisman’s critique of Piketty, from beginning to end, is nothing but pronouncements of a priori Austrian dogma from Böhm-Bawerk and Mises, with no direct contact with reality outside the pages of their work at any point in the process. He makes dogmatic pronouncements about…