Concept

Market anarchism

Summary
Market anarchism, also known as free-market anti-capitalism, 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, and libertarian socialism, it is based on the economic theories of mutualism and individualist anarchism in the United States. Samuel Edward Konkin III's agorism is a strand of left-wing market anarchism that has been associated with left-libertarianism. Anarcho-capitalism has also been referred to synonymously as free-market anarchism. 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bosses, support poor people's squatting on government or abandoned property, and prefer that corporate privileges be repealed before the regulatory restrictions on how those privileges may be exercised", seeing Walmart as a "symbol of corporate favoritism" which is "supported by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". 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. 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.
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