Sane news coverage of Bitcoin exchange Mt.Gox‘s collapse would look something like this: “Wow! The Internet’s largest Bitcoin exchange just vanished into thin air … and instead of collapsing, Bitcoin is still trading at about $500! What a robust, resilient currency! What a success story! Wow! Wow!” Sanity in news coverage? Well, not so much….

I have argued before that scarcity is manufactured in many industries by the deliberate cultivation of economic demand through structures of artificial need. Given the importance of technology in these industries it should not be surprising that the manipulation of technological development plays an enormous role in the manufacture of these structures. The idea that…

The Problem of Structure What would the constitution of a free nation look like? In trying to answer that question we immediately think in terms of a Bill of Rights, restrictions on governmental power, and so forth. And any constitution worth having would certainly include those things. But if a constitution is to be more…

C4SS has teamed up with the Distro of the Libertarian Left. The Distro produces and distribute zines and booklets on anarchism, market anarchist theory, counter-economics, and other movements for liberation. For every copy of Kevin Carson’s “‘Privatization’ or Privateering?” that you purchase through the Distro, C4SS will receive a percentage. Support C4SS with Kevin Carson’s “‘Privatization’ or Privateering?” $1.00 for the first copy….

In the 19th and early 20th century, anarchism was in many ways making strides into mainstream culture and thought. It was not through theory that this occurred, but rather through immediate expressions of one’s autonomy. This revolutionary method was known as direct action. Direct action emphasizes the right or duty of each individual to insist on the…

In his 1815 Principles of Politics, French liberal author Benjamin Constant defended the monarch’s “right to dissolve representative assemblies.” Constant’s position might seem surprising. Wasn’t securing the independence of parliaments from the royal will one of liberalism’s hard-won victories? His reasoning ran as follows. The “tendency of assemblies to multiply indefinitely the number of laws” is the inevitable…

John Stossel recently penned a piece titled Equality vs Liberty. In it, he argues that wealth inequality is not a serious issue. This post is the beginning of a lengthier response to him. It will be expanded into an opinion editorial. Quotations from Stossel will be used in both pieces. Stossel remarks: It’s true that…

Governance, Agency and Autonomy: Anarchist Themes in the Work of Elinor Ostrom [PDF] This paper is intended as one in a series, to be read along with my previous one on James C. Scott, on anarchist and decentralist thinkers whose affection for the particularity of local, human-scale institutions overrides any doctrinaire ideological labels. The Governance…

In the latest news story about collusive government-industry pipeline deals, Alaska Governor Sean Parnell announced a “partnership” between the Alaskan government, TransCanada, Exxon Mobil, BP and ConocoPhillips to build a pipeline “attractive to North Slope oil and gas companies.” Such pipeline projects, all involving massive government subsidies including the use of eminent domain to condemn…

Foundation The Industrial Revolution is typically regarded as a story of capitalism, free enterprise, and progress in technology and living standards. This paper attempts to disentangle the threads of capitalism, free enterprise, and progress, in the context of the Industrial Revolution, with a focus on Britain and the United States. It aims to bring some historical perspectives into…

“Building Creative Commons: The Five Pillars of Open Source Finance” was written by Brett Scott and published on his blog The Heretic’s Guide to Global Finance: Hacking the Future of Money. We are honored to have Brett Scott‘s permission to feature his article on C4SS. Feel free to connect with Scott through twitter: @Suitpossum. AHOY, THERE BE A CLOSED…

Enjoy review 10! William Pfaff discusses how history will remember Obama Elizabeth Goiten discusses “good guys” and “bad guys” in the War on Terror. Bruce A. Dixon discusses how Obama won a court case to keep sentencing disparities intact. Chris Floyd discusses the murderous character of the American system. Chris Floyd discusses the NSA spying…

The Canadian Supreme Court recently struck down the anti-prostitution laws of the country. This sound legal decision provides an occasion for a deeper discussion of the dynamics of sex worker politics. In particular, it allows for a dialectical or contextual left-libertaian analysis. Chris Matthew Sciabarra ably describes dialectics as: “Dialectics is the art of context-keeping….

On his blog, libertarian bestselling author and Ron Paul homeschooling curriculum writer Tom Woods has written some thoughts about thin and thick libertarianism and how they apply to the Duck Dynasty controversy. If you’ve been living in a cave, the star of reality television show Duck Dynasty said some unfortunate things about gay people and…

There were two radical, anti-authoritarian movements of the 1960s which developed in very different ways yet compliment each other in ways which remain unappreciated. One is the newly formed Libertarian movement headed by people like Murray Rothbard and Leonard Read, both experts in economics who spent much of their time at the blackboard or the…

C4SS Senior Fellow and Chair Sheldon Richman “explores the critical distinction between capitalism and free markets; discusses corporation socialism, the challenges facing publicly funded schools, and much more.“

I suppose we will forever be subjected to incomplete accounts of the life of Nelson Mandela and the evil he struggled against. Both the Right and the Left (as conventionally defined in America) are too busy pushing agendas to provide the full story. On the establishment Right (with some honorable exceptions) apartheid was deemed unimportant…

“[Bitcoin]’s a bubble,” asserts Alan Greenspan — who, as chair of the US Federal Reserve, oversaw a 77.5% inflation of the US dollar. Greenspan asserts that “you have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven’t been able to do it.” Somehow, however, he can stretch his…

Montaigne famously held that one person’s profit always involves another person’s loss, and this apothegm has won him some hostility from libertarians; see Mises, for example, here, here, and here. But I think Montaigne’s meaning has been misunderstood. When the claim is taken out of context, it is easy to assume, first, that Montaigne is attacking profit, and…

In Commonwealth, Michael Hardt and Antonio Negri observe that, because of network communications and radically cheapening production technology, capital accumulation is becoming “increasingly external to the production process.” But rather than working with this trend and exploiting the opportunities it offers, they argue, the Social Democratic approach is “to reintegrate the working class within capital.”…