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…

Images circulated, in the aftermath of Dylann Roof’s racially motivated mass shooting at the historically black Emanuel AME Church in Charleston, included not only numerous pictures of Roof brandishing the Confederate battle flag but one of him squatting over a rumpled U.S. flag and trampling it underfoot. His disrespect to Old Glory suggests that he…

C4SS Feed 44 presents Kevin Carson‘s “I Don’t See Class” read by Tony Dreher and edited by Nick Ford. “See, welfare — like racism and sexism — is welfare, regardless of who receives it. Welfare for giant corporations is morally equivalent to welfare for poor people. Structural issues of class and economic privilege have absolutely nothing to…

Una caratteristica ricorrente del ciclo economico è il fatto che durante una dura recessione lo stato accumula grossi deficit annuali come conseguenza del calo dei proventi dalle tasse, dell’aumento della spesa per sussidi di disoccupazione e aiuti ai poveri, e degli stimoli vari. Questo manda il debito pubblico alle stelle. Nel caso della “Grande Recessione”…

A recurring feature of the business cycle is that in deep recession years governments run huge annual deficits as a result of declining tax revenue, increased spending on unemployment and poverty relief and assorted stimulus. This causes government debt levels to skyrocket. In the case of the American “Great Recession,” this manifested itself as a…

In Free Market Fairness [1] John Tomasi lays out a way in which the gap between broadly libertarian (or classical liberal) and high liberal (or liberal egalitarian) political philosophies can be bridged. Since F. A. Hayek’s methodologically individualist rejection of the concept of social justice, and Robert Nozick’s liberty-based rejection of egalitarian distributive justice, there…

One of the best things about The Utopia of Rules: On Technology, Stupidity, and the Secret Joys of Bureaucracy is that David Graeber finally tackles issues directly relevant to anarchists. While his prior work has had value, it’s also largely been about rather obvious topics and punctuated with a need to apologize for or defend…

“Behind every great fortune,” Balzac wrote, “there is a crime.” That’s certainly true of the largest concentrations of wealth in the world today. The fortune of every billionaire, it’s safe to say, was amassed through some sort of crime. You don’t make that kind of money on the free market. And the holdings of every…

C4SS Feed 44 presents “Scratching By: How Government Creates Poverty as We Know It” from the book Markets Not Capitalism, written by Charles Johnson, read by Stephanie Murphy and edited by Nick Ford. The daily experience of the urban poor is shaped by geographical concentration in socially and culturally isolated ghetto neighborhoods within the larger city, which have their…