Market anarchism

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Free-market anti-capitalist mural in Queens FreeMarketAntiCapitalist.jpg
Free-market anti-capitalist mural in Queens

Market anarchism, [1] also known as free-market anti-capitalism, [2] is the branch of anarchism that advocates a free-market economic system based on voluntary interactions without the involvement of the state. A form of individualist anarchism, [3] and libertarian socialism, [4] it is based on the economic theories of mutualism and individualist anarchism in the United States. [2]

Contents

Samuel Edward Konkin III's agorism is a strand of left-wing market anarchism that has been associated with left-libertarianism. [5] Anarcho-capitalism has also been referred to synonymously as free-market anarchism. [6] [7] [8] [9]

Theory

According to libertarian scholar Sheldon Richman, left-libertarians "favor worker solidarity vis-à-vis bosses, support poor people's squatting on government or abandoned property, and prefer that corporate privileges be repealed before the regulatory restrictions on how those privileges may be exercised", seeing Walmart as a "symbol of corporate favoritism" which is "supported by highway subsidies and eminent domain", viewing "the fictive personhood of the limited-liability corporation with suspicion" and "doubt[ing] that Third World sweatshops would be the 'best alternative' in the absence of government manipulation". These left-libertarians "tend to eschew electoral politics, having little confidence in strategies that work through the government. They prefer to develop alternative institutions and methods of working around the state". [2]

Kevin Carson's Studies in Mutualist Political Economy helped to stimulate the growth of new-style mutualism, articulating a version of the labor theory of value incorporating ideas drawn from the Austrian School of economics. Other market-oriented left-libertarians have declined to embrace mutualist views of real property while sharing the mutualist opposition to corporate hierarchies and wealth concentration. [10]

Gary Chartier has joined Kevin Carson, Charles W. Johnson and others in maintaining that because of its heritage and its emancipatory goals and potential, radical market anarchism should be seen by its proponents and by others as part of the socialist tradition and that market anarchists can and should call themselves socialists. [11]

Roderick T. Long is an advocate of "build[ing] worker solidarity. On the one hand, this means formal organisation, including unionization – but I'm not talking about the prevailing model of 'business unions,' [...] but real unions, the old-fashioned kind, committed to the working class and not just union members, and interested in worker autonomy, not government patronage". [2]

See also

Related Research Articles

<span class="mw-page-title-main">Anarcho-capitalism</span> Political philosophy and economic theory

Anarcho-capitalism is an anti-statist, libertarian political philosophy and economic theory that seeks to abolish centralized states in favor of stateless societies with systems of private property enforced by private agencies, the non-aggression principle, free markets and self-ownership, which extends the concept to include control of private property as part of the self. In the absence of statute, anarcho-capitalists hold that society tends to contractually self-regulate and civilize through participation in the free market, which they describe as a voluntary society involving the voluntary exchange of goods and services. In a theoretical anarcho-capitalist society, the system of private property would still exist and be enforced by private defense agencies and/or insurance companies selected by customers, which would operate competitively in a market and fulfill the roles of courts and the police.

Individualist anarchism is the branch of anarchism that emphasizes the individual and their will over external determinants such as groups, society, traditions and ideological systems. Although usually contrasted to social anarchism, both individualist and social anarchism have influenced each other. Some anarcho-capitalists claim anarcho-capitalism is part of the individualist anarchist tradition, while others disagree and claim individualist anarchism is only part of the socialist movement and part of the libertarian socialist tradition. Mutualism, an economic theory sometimes considered a synthesis of communism and property, has been considered individualist anarchism and other times part of social anarchism. Many anarcho-communists regard themselves as radical individualists, seeing anarcho-communism as the best social system for the realization of individual freedom. Economically, while European individualist anarchists are pluralists who advocate anarchism without adjectives and synthesis anarchism, ranging from anarcho-communist to mutualist economic types, most American individualist anarchists of the 19th century advocated mutualism, a libertarian socialist form of market socialism, or a free-market socialist form of classical economics. Individualist anarchists are opposed to property that violates the entitlement theory of justice, that is, gives privilege due to unjust acquisition or exchange, and thus is exploitative, seeking to "destroy the tyranny of capital, — that is, of property" by mutual credit.

Individualism is the moral stance, political philosophy, ideology and social outlook that emphasizes the intrinsic worth of the individual. Individualists promote realizing one's goals and desires, valuing independence and self-reliance, and advocating that the interests of the individual should gain precedence over the state or a social group, while opposing external interference upon one's own interests by society or institutions such as the government. Individualism makes the individual its focus, and so starts "with the fundamental premise that the human individual is of primary importance in the struggle for liberation".

Laissez-faire is a type of economic system in which transactions between private groups of people are free from any form of economic interventionism. As a system of thought, laissez-faire rests on the following axioms: "the individual is the basic unit in society, i.e., the standard of measurement in social calculus; the individual has a natural right to freedom; and the physical order of nature is a harmonious and self-regulating system." The original phrase was laissez faire, laissez passer, with the second part meaning "let (things) pass". It is generally attributed to Vincent de Gournay.

Anarchist economics is the set of theories and practices of economic activity within the political philosophy of anarchism. Many anarchists are anti-authoritarian anti-capitalists, with anarchism usually referred to as a form of libertarian socialism, i.e. a stateless system of socialism. Anarchists support personal property and oppose capital concentration, interest, monopoly, private ownership of productive property such as the means of production, profit, rent, usury and wage slavery which are viewed as inherent to capitalism.

The nature of capitalism is criticized by left-wing anarchists, who reject hierarchy and advocate stateless societies based on non-hierarchical voluntary associations. Anarchism is generally defined as the libertarian philosophy which holds the state to be undesirable, unnecessary and harmful as well as opposing authoritarianism, illegitimate authority and hierarchical organization in the conduct of human relations. Capitalism is generally considered by scholars to be an economic system that includes private ownership of the means of production, creation of goods or services for profit or income, the accumulation of capital, competitive markets, voluntary exchange and wage labor, which have generally been opposed by most anarchists historically. Since capitalism is variously defined by sources and there is no general consensus among scholars on the definition nor on how the term should be used as a historical category, the designation is applied to a variety of historical cases, varying in time, geography, politics and culture.

Mutualism is an anarchist school of thought and economic theory that advocates for workers' control of the means of production, a market economy made up of individual artisans and workers' cooperatives, and occupation and use property rights. As proponents of the labour theory of value and labour theory of property, mutualists oppose all forms of economic rent, profit and non-nominal interest, which they see as relying on the exploitation of labour. Mutualists seek to construct an economy without capital accumulation or concentration of land ownership. They also encourage the establishment of workers' self-management, which they propose could be supported through the issuance of mutual credit by mutual banks, with the aim of creating a federal society.

Kevin Carson is an American political writer and blogger. While he originally identified as a mutualist, he now describes himself as an anarchist without adjectives. He works as a Senior Fellow and Karl Hess Chair in Social Theory at the Center for a Stateless Society. Carson coined the pejorative term "vulgar libertarianism" to describe the use of free market rhetoric in defense of corporate capitalism and economic inequality.

Left-libertarianism, also known as left-wing libertarianism, or social libertarianism, is a political philosophy and type of libertarianism that stresses both individual freedom and social equality. Left-libertarianism represents several related yet distinct approaches to political and social theory. Its classical usage refers to anti-authoritarian varieties of left-wing politics such as anarchism, especially social anarchism, communalism, and libertarian Marxism, collectively termed libertarian socialism. A portion of the left wing of the green movement, including adherents of Murray Bookchin's social ecology, are also generally considered left-libertarian.

Libertarianism is a political philosophy that upholds liberty as a core value. Libertarians seek to maximize autonomy and political freedom, emphasizing equality before the law and civil rights to freedom of association, freedom of speech, freedom of thought and freedom of choice. Libertarians are often skeptical of or opposed to authority, state power, warfare, militarism and nationalism, but some libertarians diverge on the scope of their opposition to existing economic and political systems. Various schools of libertarian thought offer a range of views regarding the legitimate functions of state and private power. Different categorizations have been used to distinguish various forms of Libertarianism. Scholars distinguish libertarian views on the nature of property and capital, usually along left–right or socialist–capitalist lines. Libertarians of various schools were influenced by liberal ideas.

<span class="mw-page-title-main">Libertarianism in the United States</span> Origin, history and development of libertarianism in the United States

In the United States, libertarianism is a political philosophy promoting individual liberty. According to common meanings of conservatism and liberalism in the United States, libertarianism has been described as conservative on economic issues and liberal on personal freedom, often associated with a foreign policy of non-interventionism. Broadly, there are four principal traditions within libertarianism, namely the libertarianism that developed in the mid-20th century out of the revival tradition of classical liberalism in the United States after liberalism associated with the New Deal; the libertarianism developed in the 1950s by anarcho-capitalist author Murray Rothbard, who based it on the anti-New Deal Old Right and 19th-century libertarianism and American individualist anarchists such as Benjamin Tucker and Lysander Spooner while rejecting the labor theory of value in favor of Austrian School economics and the subjective theory of value; the libertarianism developed in the 1970s by Robert Nozick and founded in American and European classical liberal traditions; and the libertarianism associated with the Libertarian Party, which was founded in 1971, including politicians such as David Nolan and Ron Paul.

Anarchism is generally defined as the political philosophy which holds the state to be undesirable, unnecessary and harmful as well as opposing authority and hierarchical organization in the conduct of human relations. Proponents of anarchism, known as anarchists, advocate stateless societies based on non-hierarchical voluntary associations. While anarchism holds the state to be undesirable, unnecessary and harmful, opposition to the state is not its central or sole definition. Anarchism can entail opposing authority or hierarchy in the conduct of all human relations.

Individualist anarchism in the United States was strongly influenced by Benjamin Tucker, Josiah Warren, Ralph Waldo Emerson, Lysander Spooner, Pierre-Joseph Proudhon, Max Stirner, Herbert Spencer and Henry David Thoreau. Other important individualist anarchists in the United States were Stephen Pearl Andrews, William Batchelder Greene, Ezra Heywood, M. E. Lazarus, John Beverley Robinson, James L. Walker, Joseph Labadie, Steven Byington and Laurance Labadie.

The following outline is provided as an overview of and topical guide to anarchism:

<span class="mw-page-title-main">Gary Chartier</span> American theologian, philosopher, legal scholar, and political theorist

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Social anarchism, also known as left-wing anarchism or socialist anarchism, is the branch of anarchism that sees liberty and social equality as interrelated.

<span class="mw-page-title-main">Benjamin Tucker</span> American individualist anarchist (1854–1939)

Benjamin Ricketson Tucker was an American individualist anarchist. Tucker was the editor and publisher of the American individualist anarchist periodical Liberty (1881–1908). Tucker was a member of the First International, with his publication Liberty represented as the English language organ for the Socialistic-Revolutionary Congress. Tucker described his form of anarchism as "consistent Manchesterism" and stated that "the Anarchists are simply unterrified Jeffersonian Democrats."

Market socialism is a type of economic system involving social ownership of the means of production within the framework of a market economy. Various models for such a system exist, usually involving cooperative enterprises and sometimes a mix that includes public or private enterprises. In contrast to the majority of historic socialist economies, which have substituted the market mechanism for some form of economic planning, market socialists wish to retain the use of supply and demand signals to guide the allocation of capital goods and the means of production. Under such a system, depending on whether socially owned firms are state-owned or operated as worker cooperatives, profits may variously be used to directly remunerate employees, accrue to society at large as the source of public finance, or be distributed amongst the population in a social dividend.

The term classless society refers to a society in which no one is born into a social class. Distinctions of wealth, income, education, culture, or social network might arise and would only be determined by individual experience and achievement in such a society. Thus, the concept posits not the absence of a social hierarchy but the uninheritability of class status. Helen Codere defines social class as a segment of the community, the members of which show a common social position in a hierarchical ranking. Codere suggest that a true class-organized society is one in which the hierarchy of prestige and social status is divisible into groups. Each group with its own social, economic, attitudinal and cultural characteristics, and each having differential degrees of power in community decision.

Anarchism and libertarianism, as broad political ideologies with manifold historical and contemporary meanings, have contested definitions. Their adherents have a pluralistic and overlapping tradition that makes precise definition of the political ideology difficult or impossible, compounded by a lack of common features, differing priorities of subgroups, lack of academic acceptance, and contentious historical usage.

References

  1. Long, Roderick T. (January 1, 2012). "Left-Libertarianism, Market Anarchism, Class Conflict and Historical Theories of Distributive Justice". Griffith Law Review . 21 (2): 413–431. doi:10.1080/10383441.2012.10854747. S2CID   143550988 via Taylor and Francis+NEJM.
  2. 1 2 3 4 Richman, Sheldon (3 February 2011). "Libertarian Left: Free-market anti-capitalism, the unknown ideal". The American Conservative . ISSN   1540-966X . Retrieved 1 February 2023.
  3. Chartier, Gary; Johnson, Charles W. (2011). Markets Not Capitalism: Individualist Anarchism Against Bosses, Inequality, Corporate Power, and Structural Poverty. Brooklyn: Minor Compositions/Autonomedia.
  4. Carson, Kevin. "Socialism: A Perfectly Good Word Rehabilitated". Center for a Stateless Society. "But there has always been a market-oriented strand of libertarian socialism that emphasizes voluntary cooperation between producers. And markets, properly understood, have always been about cooperation. As a commenter at Reason magazine's Hit&Run blog, remarking on Jesse Walker's link to the Kelly article, put it: "every trade is a cooperative act." In fact, it's a fairly common observation among market anarchists that genuinely free markets have the most legitimate claim to the label "socialism."
  5. "Anarchism". In Gaus, Gerald F.; D'Agostino, Fred, eds. (2012). The Routledge Companion to Social and Political Philosophy. p. 227. "Later [left-libertarianism] became a term for the left or Konkinite wing of the free-market libertarian movement, and has since come to cover a range of pro-market but anti-capitalist positions, mostly individualist anarchist, including agorism and mutualism, often with an implication of sympathies (such as for radical feminism or the labor movement) not usually shared by anarcho-capitalists."
  6. Carrier, James G. (1997). Meanings of the Market: The Free Market in Western Culture (1 ed.). Oxford: Berg. p.  107. ISBN   1-85973-149-X.
  7. Miller, G. Tyler; Paul, Ellen Frankel; Miller Jr., Fred D., eds. (1993). Liberalism and the Economic Order, Part 2. p. 115.
  8. Long, Roderick T.; Machan, Tibor R. (2016) [2008]. Anarchism/Minarchism: Is a Government Part of a Free Country?. Ashgate.
  9. Hoffman, John; Graham, Paul (2006). Introduction to Political Theory. p. 243.
  10. See Long, Roderick T. (Winter 2006). "Land Locked: A Critique of Carson on Property Rights". Journal of Libertarian Studies. 20 (1): 87–95.
  11. Gary Chartier, "Advocates of Freed Markets Should Embrace 'Anti-Capitalism'"; Gary Chartier, Socialist Ends, Market Means: Five Essays. Cp. Tucker, "Socialism."

Bibliography

Further reading