Is There Such a Thing as an Anarchist Capitalist?

“Even though anarchy and capitalism seem like they’re diametrically opposed, there are some out there who call themselves anarcho-capitalists. A more extreme version of libertarianism, anarcho-capitalism argues that there ought to be no state whatsoever; the free market can sort everything out, and if left alone, will ensure everybody’s liberty. The philosophy attracts considerable criticism, both from anarchists, who argue that capitalism is inherently exploitative, and from people with more traditional politics, who argue that the lack of regulation would send an anarcho-capitalist society right down the toilet.”

“Socialism: The Failed Idea That Never Dies” – New on Our Bookshelf

Over the past hundred years, there have been more than two dozen attempts to build a socialist society, from the Soviet Union to Maoist China to Venezuela. All of them have ended in varying degrees of failure. But, according to socialism’s adherents, that is only because none of these experiments were “real socialism”. Socialism: The Failed Idea that Never Dies documents the history of this, by now, standard response.

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What Caused Hyperinflation in Venezuela: A Rare Blend of Public Ineptitude and Private Enterprise

“Imagine going to the store and finding that nothing has a price tag on it. Instead you take it to the cashier and they calculate the price. What you pay could be twice as much, or more, than an hour earlier. That’s if there is even anything left in stock. This is the economic reality that underpins Venezuela’s current ‘political crisis’ – though in truth that crisis has been going on for years.”

Philosopher Alan Watts on the Difference between Money and Wealth

“What would you do if money was no object? […] Now money is a fundamental fact of our current constructed reality, even Alan Watts understood that. Barter, exchange, value, currency and what have you – there is absolutely no feasible way around it. So leave your pipe dreams and utopian visions at the door, just entertain the question at face value for now. It’s probing for something much deeper than some cheap ideological economic fix.”

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