Tag: capitalism
Though many Americans know that prisoners often work while behind bars, the conditions under which they toil may be less than clear. Fortune magazine made waves this summer when it reported that “[p]rison labor has gone artisanal,” revealing a multimillion dollar business that puts convicts to work making everything from specialty motorcycles to goat cheese sold at…
All’inizio di settembre, la Reuters ha reso nota una ricerca commissionata dalla Federal Reserve che dimostra che negli Stati Uniti cresce la disuguaglianza in termini di reddito e ricchezza. “Tutta la crescita del reddito,” dice la Reuters, “è concentrata nella parte alta… con il 30,5% nelle mani del 3% della popolazione.” La ricerca della Federal…
The following article was written by Max More and published with The Freeman, February 1, 1999. Max More is president of Extropy Institute in Marina Del Rey, California. Large Corporations Will Not Come to Dominate the Economy Giant corporations controlling national governments. Corporate behemoths regimenting their workers, controlling their customers, and obliterating their smaller competitors. The rich get richer…
I’d like to first thank Mr. Lock for his thoughtful, well-mannered observations on my little piece. Commenters such as Mr. Lock honor me with their courteous thoughts and, in my humble view, raise the bar for discussion and debate by refraining from ad hominem and from attempts to impute motives; dealing with my points and…
C4SS Feed 44 presents “What Laissez Faire?” from the book Markets Not Capitalism, written by Sheldon Richman, read by Stephanie Murphy and edited by Nick Ford. What, then, is this system called “capitalism”? It can’t be the free market because we have no free market. Today the hand of government is all over the economy — from money…
In July 2014, Brazilian President Dilma Rousseff’s Facebook page celebrated the record production of iron ore by Vale. According to the page, the mining company “broke a record for iron ore production in the second quarter,” representing a “12.6% increase compared to the same time frame in 2013.” Several pages quickly pointed out Rousseff’s “mistake,”…
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…
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…
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…
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 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…
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…
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:…
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 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…
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…
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…
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…
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…
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…