Anarcho-‘Capitalism’ Is Impossible

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“What will happen under anarchy? EVERYTHING.”

This booklet collects three Center for a Stateless Society (C4SS) feature articles by left-libertarian writer Anna O. Morgenstern, examining the rel­ation­ship between anarchism, capitalism and pro-capitalist “libertarian­ism,” including: “Anarcho-Capitalism is Im­pos­s­ible,” “Anarchism & Capitalism: A Revisitation,” and “Market Anarchism vs. Market Statism.”

“Goals sometimes lead people toward certain means, but it is the means that determine results, not the goals. And if the anarcho-capitalists follow anarchist means, the results will be anarchy, not some impossible ‘anarcho-capital­ism.’ . . .

“Anarchy does not mean social utopia, it means a soci­e­t­y where there is no privileged authority. There will still be social evils to be dealt with under anarchy. But anarchy is an important step toward fighting those evils with­out giving birth to all new ones. My take on the impossibility of anarcho-capitalism is simply as follows:

  • Under anarchism, mass accumulation and concentration of cap­it­al is impossible.
  • Without concentration of capital, wage slavery is im­poss­ible.
  • Without wage slavery, there’s nothing most people would re­cog­nize as ‘capitalism.’

“Even assuming an ‘anarcho-capitalist’ property re­g­ime, any­thing recognizable as ‘capitalism’ to any­one else could not exist. In fact the society would look a lot like what ‘an­archo-socialists’ think of as ‘social­ism.’ Not ex­act­ly like it, but much closer than anything they’d imagine as capitalism. . . .”

The essays in this collection first appeared in 2010 and 2014, as Featured Articles at the Center for a Stateless Society, a left-wing market anarchist think tank and media center. They appear here in print for the first time.

Anna O. Morgenstern, a Contributing Writer at the Center for a Stateless Society, has been an anarchist of one stripe or another for almost 30 years. Her intellectual interests include economic history, social psychology and volunt­ary organization theory. She writes frequent com­ment­ar­ies for the Center for a Stateless Society (c4ss.org).

Introduced March 2014.

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