CAPITALISM

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Three provocative libertarian perspectives on the liberation, corporation, and the Big C. Charles Davis writes that libertarians are very confused about capitalism, and that a radical re-appraisal of the debate shows that libertarian principles should go a lot further than mainstream libertarians have been willing to take them. David S. D’Amato argues, against business reformists, that inclusive capitalism is a contradiction in terms. And while many more libertarians are beginning to wake up to the structural problems in the corporate economy, Kevin Carson points out it’s the capitalism, not the cronyism that’s at the root of the problem.

“Let’s start over. The wealthy elite are too tainted by the current system of state capitalism for us to rely on a “good” and “bad” distinction when it comes enormous wealth. No one worth more than $10 million is able to get that much money without systemic state violence. There is no reason they should get a head start in Liberty Land. . . . no matter what one replaces it with, dismantling an unjust system requires addressing the injustices that system created. If you don’t, then your idea of “freedom” will be attacked as the freedom to be exploited by the same people running the world today. And with good reason.” — Charles Davis.

“The political-economic reality in this country, confirmed by recent studies as well as well-nigh everything we can observe about the political process, is that big capital keeps American policy­makers comfortably and securely in its pockets. And, sad to say, an ‘in­clusive’ kind of capitalism — oxymoron that it is — is not and never has been the order of the day. . . . In conditions of economic freedom — mean­ing circumstances in which land and opportunities are no co­erc­iv­e­ly monopolized — labor would simply enjoy far more bar­gain­ing pow­er, able to maintain self-sufficiency apart from the Big Business economy. In­deed, the way to fabricate a system wherein the vast majority of indiv­id­u­als are inclined to work for a pittance of a wage at huge, face­less org­an­iz­a­t­ion is to use the power of legal and regulatory authority to fore­close other options. . . .” — David S. D’Amato.

“Conservatives & rightwing libertarians drastically under­est­i­mate the extent to which state intervention has been struct­ur­al­ly central to capit­al­ism as a historical system since its very beginnings. The en­clos­ure of open fields for sheep pasture in late medieval and early modern times, the Parliamentary Enclosures of common woods, waste and past­ure in the 18th century, the colonial enclosure of land in the Third World and eviction of native cultivators, the engrossment of Third World mines and mineral resources, the enslavement of nonwhite populations – no­thing remotely resembling the contemporary concentration of economic pow­er and wealth, or the model of corporate capitalism most people think of as ‘normal’ . . .” — Kevin Carson.

“Libertarians Are Very Confused About Capitalism” was written by Charles Davis and published in November 2013 by the online magazine Salon.com. Charles Davis is a radical columnist, producer and researcher in Los Angeles, California. His work regularly appears in publications such as VICE, Salon, AlterNet, and Al Jazeera English. He keeps a website at charliedavis.blogspot.com

“‘Inclusive Capitalism:’ A Contradiction in Terms” was published in December 2012 by David S. D’Amato, as a syndicated column for the Center for a Stateless Society (c4ss.org). David S. D’Amato is an attorney living and writing in Chicago. He holds a J.D. from New England School of Law and an LL.M. in Global Law and Technology from Suffolk University Law School. He maintains a website devoted to individualist anarchism at IndividualistAnarchist.com.

“‘Crony Capitalism’ and ‘Corporatism:’ True Enough — As Far As They Go” was published in December 2013 by Kevin A. Carson, as a syndicated column for the Center for a Stateless Society (c4ss.org). Kevin A. Carson is a mutualist writer living and working in northwest Arkansas, and the author of several incredibly influential works on contemporary mutualist anarchism, including “The Iron Fist Behind the Invisible Hand,” Studies in Mutualist Political Economy, Organization Theory: A Libertarian Per­spect­ive, The Homebrew Industrial Revolution, and numerous articles and research reports for the Center for a Stateless Society.

Introduced January 2014.

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