Tag: capital
“Under Capitalism”?
In a couple of earlier pieces, C4SS writers Frank Miroslav and Black Cat argued, respectively, that the frequently stated principle “there is no ethical consumption under capitalism” is a “thought-stopping cliche,” and — in response — that “there really is no ethical (individual) consumption under capitalism.” As I read it, the disagreement between them is…
A New Strategy for Fight for $15
Last week, I attended a local Fight for $15 rally with some fellow Wobblies and other union organizers and supporters. Echoes of rally cries demanding, “$15 and a union,” filled the streets outside of a local McDonald’s as fast food and child services workers from the Tampa and Orlando, Florida area, mostly workers of color,…
The Entrepreneur in Society
It’s generally conceived that the entrepreneur is the lone economic wolf in the economy, bringing together the morass of labour, capital and resources and placing it under his/her will. This picture of rugged individualism usually serves little purpose other than to justify large expansions of wealth by corporate CEOs and ignores the actual picture of…
Freedom and Equality are not Tradeoffs
In most American political discourse, freedom and equality are treated as inversely related:  that is, economic freedom can only be increased at the expense of raising inequality, and economic equality can only be increased at the expense of reducing economic freedom. But at Stumbling and Mumbling blog, Chris Dillow (“Inequality against freedom,” Feb. 23) shows…
Once Again, a Tired Pro-Capitalist Argument Rears Its Stupid Head
As if Thomas Sowell weren’t sufficient to demonstrate the intellectual bankruptcy of pro-capitalist apologetics, we now have corporate apologists trolling the #ResistCapitalism hashtag on Twitter. Although most of the people using it today seem to think it’s an original piece of wit they just came up with on their own, the “Lookit them tweeting #ResistCapitalism…
Will Truly Free Markets be Truly Different? on Feed 44
C4SS Feed 44 presents Steve Horwitz‘s “Will Truly Free Markets be Truly Different?” read and edited by Tony Dreher. As I have argued before, I find it a very convenient coincidence that the left-libertarian picture of a free market society just happens to line up almost exactly with the world that many on the traditional…
Zoning Doesn’t Help Lower Classes
Someone shared this on my FB. My desultory comment: I first heard the argument for wholesale abolition of zoning from my first-year design lecturer. Two observations, though. Firstly, the term “zoning” may be used in wider and narrower senses. In some contexts it refers only to what land is used for; in others, like Cape…
Libertarian-splaining to the Poor
In a video produced by the Future of Freedom Foundation (“The Libertarian Angle: Do Libertarians Really Hate the Poor?“), Jacob Hornberger and Richard Ebeling obviously intend a smashing, unanswerable rejoinder to the left-wing stereotype of right-libertarians as “pot-smoking Republicans” who hate the poor. Sadly, it only reaffirms that stereotype. It’s exactly what left-wing critics of libertarianism…
Leviathan and Behemoth
Introduction The capitalist economy has gone through another shock, and the potential for another, larger one is on the horizon. While it’s seemingly in its death throes, capitalism continues to fuel growth. Under such a system we have seen a vast improvement in general living standards across the globe, despite rigged markets and the omnipresent…
Geo-Mutualism Offers Inter-Community Dispute-Resolution
Geo-Mutualism Offers Inter-Community Dispute-Resolution Carson’s Occupancy-and-Use Regime Has No Such Mechanism I’d like to thank Kevin Carson for taking the time to reply to my critique of his original statement. Before I continue to respond, I’d like to also take a quick moment to do something which I should have done in my first response,…
Property
Property and the family are two ideas, for the attack and defense of which legions of writers have taken up arms during the last half century. Recent systems, founded upon old errors, but revived by the popular emotions which they aroused, have in vain disturbed, misrepresented, sometimes even denied, them. These ideas express necessary facts,…
Combating Vulgar Libertarianism
Kevin Carson’s Rejoinder to Steven Horwitz. As with Derek Wall, I’m gratified by the thoughtful tone of Steven Horwitz’s response to my lead essay. Where he agrees with me, he makes some good points of his own that add to what I was trying to say — particularly in regard to “free markets” not meaning the…
Capitalism Depends on Artificial, State-Enforced Stability
Kevin Carson’s Rejoinder to Derek Wall. I appreciate the thoughtful tone of Derek’s response, and I’m certainly gratified by whatever role I may have played in inspiring him to take up brewing beer. And having been strongly influenced by the work of Elinor Ostrom myself, I was pleased to learn that an Ostrom scholar was…
Will Truly Free Markets be Truly Different?
Steven Horwitz’s Response to Kevin Carson. There is much to like in Kevin Carson’s lead essay and even where I think he goes astray, he performs a valuable service by reminding us of the ways in which the state has affected the evolution of really-existing capitalism and he thereby challenges us to think more critically…
The Expropriation Continues on Feed 44
C4SS Feed 44 presents Kevin Carson‘s “The Expropriation Continues” read by Tony Dreher and edited by Nick Ford. What’s variously called “cognitive,” “progressive” or “green capitalism,” celebrated in Paul Romer’s “New Growth Theory” and heavily promoted by the Gateses, Warren Buffett, and faux-left carpetbaggers like Bono, amounts to a scheme to give capitalism a new…
Free-Market Socialism
Libertarians are individualists. But since individualist has many senses, that statement isn’t terribly informative. Does it mean that libertarians are social nonconformists on principle? Not at all. Some few libertarians may aspire to be, but most would see that as undesirable because it would obstruct their most important objectives. Lots of libertarian men have no…
The Expropriation Continues
Contrary to mainstream classical political economy, which treated the “original accumulation of capital” as the result of thrift, saving and reinvestment on the part of the capitalist, Marx argued in the first volume of Capital that capitalism — as opposed to simple market exchange — was founded on the separation of the peasantry from their…
The Toy Store vs. the State
July 15 was the final day for FAO Schwarz’s iconic flagship retail store, a New York City fixture since 1870. What, exactly, closed the toy box? The immediate cause, increasing rent, was merely the last straw. The store’s approach was more and more out of step in an economy in which personalized service from Amazon.com-style warehouses is replacing brick-and-mortar retail…
Wild, Wonderful and Free
Don Blankenship, longtime Chief Executive Officer of coal giant Massey Energy, was indicted November 13 on charges that he consistently violated federal mine safety rules at the company’s Upper Big Branch Mine until an April 2010 explosion that killed 29 of 31 miners. The Charleston, West Virginia Gazette reports that a federal grand jury charges Blankenship with…
The Weekly Libertarian Leftist And Chess Review 53
Kathy Kelly discusses ISIS and the war in Iraq. Douglas Macgregor discusses U.S. military intervention. Franklin Lamb discusses Syrian migrants and their plight. William Blum discusses the Berlin Wall. Sheldon Richman discusses torture and Obama. Lucy Steigerwald discusses the War on Drugs abroad. Richard M. Ebeling discusses Ludwig Von Mises and the business cycle. David…