If you accept your enemy’s conceptual categories, you’re apt to wind up with a badly framed debate in which both sides are unsatisfactory. Jeff Madrick’s article “Our Misplaced Faith in Free Trade” (New York Times, October 3) clearly demonstrates this. The corporate state and its stooges in both major political parties and the commentariat are heavily…

It’s no secret that economists and libertarians have developed a bad habit of assuming things about history and other societies on first principle without actually checking archaeological or anthropological findings. On occasion the divide can be quite stark. David Graeber’s Debt: The First 5000 Years gets a lot of momentum by attacking a widely circulated…

A recent story in the Wall Street Journal highlights the “growing roster of countries” that now want a say in the world’s major corporate mergers. Given the interconnectedness of today’s global economy, it is no wonder that more than 100 international jurisdictions now claim antitrust authority to examine deals, all “embracing different approaches for evaluating…

È opinione comune che, secondo come vengono formulate le domande, i sondaggi possono produrre praticamente qualunque risposta desiderata. Emily Ekins, parlando dell’atteggiamento della generazione Y su questioni economiche e politiche (“Are Millennials Far Left on Economics? No,” Reason, 18 agosto), dimostra un’incoerenza concettuale quasi totale nell’inquadrare i risultati di un sondaggio Reason-Rupe sulla generazione Y…

Marx had no monopoly. Eugen von Böhm-Bawerk (1851-1914), the second-generation giant of Austrian economics, famously refuted the theory, most commonly associated with Marx, that the employer-employee relationship is intrinsically exploitative. Less well known is that Böhm-Bawerk had an exploitation theory of his own, which he expressed in his 1889 masterpiece, Positive Theory of Interest, volume…

Big is not beautiful when it comes to economics. This is the key message of Kevin Carson’s “Industrial Policy: New Wine in Old Bottles“. His essay makes compelling arguments in favour of an anarchist society based on small-scale community manufacturing, peer-to-peer production and decentralised production. Carson sets out the ways in which the state concentrates economic…

The Center for a Stateless Society continues to keep pace with itself, month to month, and it is all because of you — our supporters and donors. September has been a month filled with opportunities for us to correct historical inaccuracies and vulgar libertarianism; to watch Scottish near-independence, continued US “bomb-em” diplomacy and millennial wooing; and…

It’s a common observation that polls can produce virtually any response desired, depending on how the questions are worded. Emily Ekins, ostensibly reporting on the political and economic attitudes of millennials (“Are Millennials Far Left on Economics? No,” Reason, August 18), displays almost total conceptual incoherence in framing the results of a Reason-Rupe poll of “millennials” (young Americans age…

Heather Cox Richardson’s call to “Bring Back the Party of Lincoln” (New York Times, September 3), based on her forthcoming book To Make Men Free: A History of the Republican Party, demands a package deal that not only never was, but could never be. In Richardson’s fantasy the Republican Party before the ascendance of Reagan “opposed the control of government by…

“It takes money to make money.” An old, oft-repeated saying, it is certainly true enough as a statement describing the functioning of capitalism. The idea is that once one possesses capital, she can loan it to others for interest or rent, or else invest it in some productive enterprise to earn profits, sitting back and…

As many in the libertarian community already know, Overstock CEO Patrick Byrne recently unveiled a plan to build a revolutionary new model of finance on the back of the old financial system. Namely, by creating a Bitcoin equivalent of the New York Stock Exchange in hopes of eventually replacing Wall Street entirely with a crypto-security trading system…

With another fall election season picking up steam, The New Yorker’s Sam Wang wonders whether the 2014 election will “be a wave or a ripple.” A wave, Wang says, occurs when “one party makes massive gains and overturns the existing power dynamic.” But notwithstanding Wang’s intended point, the “existing power dynamic” in the United States…

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…

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 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…

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…

August has been wonderfully productive month for C4SS. We have published more commentaries, features, book reviews, blog posts, and translations, across the board and by a wide margin, than previous months. And we even, finally, published our version of Colin Ward’s edited Fields, Factories and Workshops Tomorrow by Pyotr Kropotkin – complete with an original introduction…

The term “market anarchism” may give some people the mistaken impression that market anarchists envision a society organized primarily around the cash nexus. In part this is because one definition of the term “market” itself equates to the market as an institution: The sphere of exchange. It may also reflect the fact that many anarcho-capitalists,…