Tag: capitalism
The Root of Inequality: The Free Market or the State?
In early September, Reuters reported on a new Federal Reserve survey showing widening wealth and income gaps in the United States. “All of the income growth,” Reuters reports, “was concentrated among the top earners …  with the top 3 percent accounting for 30.5 percent of all income.” The Fed survey will no doubt disconcert those…
Vulture Funds vs. Argentina on Feed 44
C4SS Feed 44 presents Carlos Clemente‘s “Vulture Funds vs. Argentina” read by Christopher King and edited by Nick Ford. The most outrageous fallacy in this line of reasoning is the conflation of the political class of a country with its citizenry at large. Whenever vultures succeed in collecting the full value on defaulted government bonds, the…
Possession of Liberty: The Political Economy of Benjamin R. Tucker
The political economy of Benjamin Tucker represents an alloy of its major influences, synthesizing the work of radical thinkers such as Josiah Warren, William B. Greene, Ezra Heywood, and Lysander Spooner to create a mature, comprehensive individualist anarchism. From Heywood came Tucker’s trademark analysis of the wrongs of rent, interest, and profit, “follow[ing] closely the…
Two Foundational Elements of Statelessness
The book I will discuss below develops and defends the idea of law without a state. The book’s blurb tells us the following: This book elaborates and defends the idea of law without the state. Animated by a vision of peaceful, voluntary cooperation as a social ideal and building on a careful account of non-aggression,…
Why I Am An Anarchist
Why am I an Anarchist? That is the question which the editor of The Twentieth Century has requested me to answer for his readers. I comply; but, to be frank, I find it a difficult task. If the editor or one of his contributors had only suggested a reason why I should be anything other…
The Labor Politics of Prisons
Today is Labor Day, a federal holiday in the United States designed to promote a sanitized history of labor organizing. As Charles Johnson puts it, “the federal holiday known as Labor Day is actually a Gilded Age bait-and-switch from 1894. It was crafted and promoted in an effort to throw a bone to labor while erasing the radicalism implicit in May…
Are Anarchists Just Neoliberals Without Money?
A charge that has been leveled by the pro-government left is that anarchists are simply neoliberals without money or some variation upon this. The tweeter in question provides no definition of neo-liberalism, so, we turn to Dictionary.com to provide us with a definition of neoliberalism to be used in analyzing this charge. It’s as follows:…
It’s too Difficult to be a Dirtbag Anymore, Unfortunately
I love to backpack, surf, hike and climb. When I’m not able to engage in these pursuits, I sometimes find myself watching video of others adventuring in beautiful, remote locales. It helps me to hold on to some of those joyous and motivating travel feelings. I enjoy footage from decades past, when things were wilder,…
The Weekly Abolitionist: Pitfalls and Possibilities
The protests, police violence, and repression in Ferguson have sparked nationwide conversations about police militarization and misconduct. There’s some incredibly promising potential here, as more and more people become aware of the brutality of the modern criminal justice system. However, there are also some potential pitfalls that deserve cautious examination. First, the good. Popular commentators…
Why the Pope is Less Wrong Than Keith Farrell
Pope Francis’s remarks on poverty, inequality and capitalism — most recently at his open air mass in Seoul — don’t sit well with many conservatives and right-leaning libertarians. The Pope’s remarks include criticism of growing economic inequality and a call to “hear the voice of the poor.” Among those who take issue with the Pope’s statement is…
Hands Up, Don’t Shoot!
A Teenager Slain On Saturday, August 9, eighteen-year-old Michael Brown was walking with a friend on the 2900 block of Canfield Drive in Ferguson, Missouri. He was on his way home on the hot, humid afternoon, walking down the middle of the street when the two were approached by Ferguson police officer, Darren Wilson. Reports of what…
Brazil: Presidential Candidate Dies, His Ideals Unfortunately Live On
On August 12, Brazil’s largest news program, Jornal Nacional, interviewed presidential candidate Eduardo Campos. Of his 15 minutes replying to questions, he spent at least 10 of them touting the presence of his family in the state apparatus. He filled the remaining time with banalities such as “we can’t give Brazil up.” The following morning, Campos’s private jet crashed…
New Forms of Worker Organization
Immanuel Ness, ed. New Forms of Worker Organization: The Syndicalist and Autonomist Restoration of Class-Struggle Unionism (Oakland: PM Press, 2014) (Amazon link). In his foreword to the book, Staughton Lynd describes the official model of unionism in the United States, first pioneered by the company unions under the American Plan (especially by the company union…
Advocates of Freed Markets Should Embrace “Anti-Capitalism” on Feed 44
C4SS Feed 44 presents “Advocates of Freed Markets Should Embrace ‘Anti-Capitalism’” from the book Markets Not Capitalism, written by Gary Chartier, read by Stephanie Murphy and edited by Nick Ford. Defenders of freed markets have good reason to identify their position as a species of “anti-capitalism.” To explain why, I distinguish three potential meanings of “capitalism” before suggesting that…
Fields, Factories and Workshops Tomorrow
Introduction to the C4SS Edition of Fields, Factories and Workshops Tomorrow Kevin A. Carson Download a PDF copy of The C4SS Edition of Kropotkin’s Fields, Factories and Workshops Tomorrow. This book is actually a heavily abridged version of Kropotkin’s Fields, Factories and Workshops, edited by Colin Ward with a lot of his commentary thrown in….
Contemplating Economic vs Political Power and Power in Left-Wing Market Anarchy
Ayn Rand stated: Now let me define the difference between economic power and political power: economic power is exercised by means of a positive, by offering men a reward, an incentive, a payment, a value; political power is exercised by means of a negative, by the threat of punishment, injury, imprisonment, destruction. True enough in…
Capitalism, Not Technological Unemployment, is the Problem
At Slate, Will Oremus raises the question “What if technological innovation is a job-killer after all?” (“The New Luddites,” August 6). Rather than being “the cure for economic doldrums,” he writes, automation “may destroy more jobs than it creates”: Tomorrow’s software will diagnose your diseases, write your news stories, and even drive your car. When…
How Not to Fight the 1%
In an article that will no doubt make “progressive” hearts go pitty-pat (“The 1% May Be Richer Than You Think, Research Shows,” Bloomberg, August 7), Jeanna Smialek suggests that top 1%’s wealth is far greater even than official statistics indicate — and that because so much of that wealth is hidden in offshore tax havens government efforts to…
Smash the State, Eat the Rich
In Why the Rich Tolerate Being Looted Jeffrey Tucker argues the rich today act differently than they used to. They wear common clothing, avoid luxurious houses and cars, and even call for higher taxes on themselves. Tucker explains this new phenomenon by drawing upon an essay by Peter Leeson and says, “Property rights are weak today… The…
How the Government, Businesses and Unions Blame You for Being Unemployed
Zygmunt Bauman, in Postmodernity and Its Discontents, writes that religion, in its traditional form, used to celebrate human insufficiency. With a path more or less outlined for her entire life, the individual found herself powerless to change the conditions she was inserted in. In contrast to what he considers the “postmodern” condition, of uncertainty, premodern…
Anarchy and Democracy