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State Capitalism and the Many Monopolies (2011)

In this essay, the individualist Anarchist writer Charles Johnson offers an analysis of the concrete mechanisms of capitalism, and of how the revolutionary potential of free economic relationships is diverted and deformed when markets are constrained to labor under bosses, monopoly and government. Johnson revisits, and updates, Benjamin Tucker’s classic “Four Monopolies” analysis of state capitalism: the case for Tucker’s free-market anticapitalism is stronger than ever, as we take into account not only the growth and retrenchment of the Land Monopoly, Money Monopoly, Patent Monopoly, and Protectionist Monopoly, but also the metastatic spread of state-capitalist monopolies into Agribusiness, Infrastructure, Utilities, Health Care, and Regulatory Protectionism.