C4SS Feed 44 presents Nathan Goodman‘s “The New Deal’s Legacy of Corporate Welfare” read by Tony Dreher and edited by Nick Ford. Mainstream progressives tell us that the New Deal was a victory for the working class and the public interest. But New Deal corporate welfare programs like the Ex-Im Bank and the Raisin Administrative…

As you may know, I’ve got some opinions about capitalism, and about the idea of “anarcho-capitalism.” I think that anarcho-capitalism is an incoherent goal, and in some ways destructive in practice. Not because I’ve got a problem with property, money, competition or market exchange, but because I think the conflation of these market forms with…

C4SS Feed 44 presents Kevin Carson‘s “Won’t Get Fooled Again” read by Tony Dreher and edited by Nick Ford. In 2008, we heard a lot of stuff from Obama about the NSA’s warrantless wiretapping and Gitmo; and then in January 2009 Obama turned on a dime and enacted George Bush’s third term on such issues….

Well, kind of. Obviously Benjamin Tucker had no direct opinions about “anarcho-capitalism,” because the term was not even coined until many years after his death, and several decades after his retirement from radical politics. But Tucker did have quite a bit to say about the relationships among anarchism, socialism, and capitalism, and it may be…

C4SS Feed 44 presents Kevin Carson‘s “‘Intellectual Property’ Kills’” read by Mike Godzina and edited by Nick Ford. The key agenda at the center of all the so-called “free trade agreements” is the imposition, at the behest of the giant corporations that depend on “intellectual property” monopolies for their profits, of a form of protectionism…

…Mutualism is a social system based on reciprocal and non-invasive relations among free individuals. The Mutualist standards are: Individual: Equal freedom for each — without invasion of others. Economic: Untrammeled reciprocity, implying freedom of exchange and contract — without monopoly or privilege. Social: Complete freedom of voluntary association — without coercive organization… The libertarian ideal…

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…

C4SS Feed 44 presents Chad Nelson‘s “Fiorina Claims She’s Not Part of the ‘Professional Political Class’” read by Tony Dreher and edited by Nick Ford. While it’s refreshing to learn that Americans are waking up to the reality of a patristic, entrenched political elite, it’s distressing that Fiorina doesn’t consider herself and her fellow corporate…

C4SS Feed 44 presents David S. D’Amato‘s “Toward a New Lexicon of Liberty” read by Dylan Delikta and edited by Nick Ford. Libertarianism is viewed in the mainstream political conversation as the ideology of capitalism, of corporate greed and a toxic expression of globalization, McDonalds, Nike, and all the rest nodding along to rote libertarian…

…Many libertarians in this century have been, in my view, insufficiently sensitive to the perspective of the poor, of laborers, of women, of minorities. But I view this as a historical aberration, brought about by the fact that a) the triumphant advance of socialism pushed libertarians into a century-long alliance with conservatives, and some aristocratic,…

C4SS Feed 44 presents Kevin Carson‘s “IP Czar Admits Hamiltonian Nature of ‘Intellectual Property’” read by Mike Godzina and edited by Nick Ford. Genuine productivity and progress destroys GDP. In a free economy, here’s how it should work: Profit is self-liquidating, and increased efficiency of producing things with less labor and capital — or even…

Murray Rothbard rejected, in the strongest terms, this Marshallian attempt at a synthesis of marginalist innovations with the legacy of Ricardo. And with it, he rejected Marshall’s attempted synthesis of labor and waiting as elements of “real cost.” To understand why, we must start with Rothbard’s distinction between the judging of actions ex ante and ex post….

… So we see, even assuming an “anarcho-capitalist” property regime, anything recognizable as “capitalism” to anyone else could not exist. In fact the society would look a lot like what “anarcho-socialists” think of as “socialism”. Not exactly like it, but much closer than anything they’d imagine as capitalism. However, under anarchism, even such a strict…

Alfred Marshall, the founder of the so-called neoclassical school, was also the first prominent economist to attempt a reconciliation of Ricardo with the marginalists. Following the Senior-Longfield school, as interpreted by Mill, Marshall treated the “abstinence” of capital (or “waiting”) as another form of disutility alongside labor. He thus fused them into a unified subjective…

C4SS Feed 44 presents Kevin Carson‘s “‘Redistribute Wealth By Heavy Taxes’? It’s Already Been Done” read by Tony Dreher and edited by Nick Ford. The main thing governments have existed for, since the beginning of history, is to levy taxes on workers and producers in order to provide rents for the economic ruling classes that…

C4SS Feed 44 presents Kevin Carson‘s “Rio Tinto: A Real-Life “Billy Jack” Villain” read by Dylan Delikta and edited by Nick Ford. Rio Tinto is, without qualification, one of the most evil corporations in the world. It has colluded with repressive regimes going back to Franco’s use of troops to suppress strikes in Rio Tinto’s…

C4SS Feed 44 presents Kevin Carson‘s “Debt: Can’t Live With It, Can’t Live Without It” read by Mike Godzina and edited by Nick Ford. The problem is that the tendency of state capitalism is to increasing levels of stagnation, with larger and larger deficits required to prevent depression. Even in the upswing phase of the business cycle,…

The Export-Import Bank’s charter finally expired on June 30th. Ever since it was created during the New Deal, the Ex-Im Bank has supported exports by American corporations, all at taxpayer expense. The top recipients of Ex-Im Bank subsidies were big corporations, with the war-profiteers at Boeing receiving more Ex-Im largess than any other company. The…

Un sondaggio recente della Gallup ha scoperto che gli americani, con un margine di 52 contro 45, pensano che lo stato “debba… ridistribuire la ricchezza aumentando le tasse sui ricchi” (Matt Yglesias, “Americans want the government to ‘redistribute wealth by heavy taxes on the rich,’” Vox, 5 maggio). Tra il 1940, quando la domanda fu…

C4SS Feed 44 presents Kevin Carson‘s “Jerry Brown’s Phony Conservation Plan is Real Corporate Welfare” read by Joey Clark and edited by Nick Ford. Notably missing from the order is any measure, whether usage caps or rate increases, materially affecting heavily subsidized irrigation water for California’s giant agribusiness operations. When you consider that agribusiness accounts for about…