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bosses, support poor people's squatting on government or abandoned property, and prefer that corporate privileges be repealed before the regulatory restrictions on how those privileges may be exercised", seeing Walmart as a "symbol of corporate favoritism" which is "supported by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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Mutualism is an anarchist school of thought and economic theory that advocates a socialist society based on free markets and usufructs, i.e. occupation and use property norms. One implementation of this system involves the establishment of a mutual-credit bank that would lend to producers at a minimal interest rate, just high enough to cover administration. Mutualism is based on a version of the labor theory of value that it uses as its basis for determining economic value.
Social anarchism, also known as left-wing anarchism or socialist anarchism, is the branch of anarchism that sees liberty and social equality as interrelated. It advocates for a social revolution to remove oppressive forms of hierarchy, such as capitalism and the state. In their place, social anarchists encourage social collaboration through mutual aid and envision non-hierarchical forms of social organization, such as voluntary associations.
Market socialism is a type of economic system involving social ownership of the means of production within the framework of a market economy. Various models for such a system exist, usually involving some mix of public, cooperative, and privately owned enterprises. The central idea is that, as in capitalism, businesses compete for profits, however they will be "owned, or at least governed," by those who work in them. Market socialism differs from non-market socialism in that the market mechanism is utilized for the allocation of capital goods and the means of production.
Examines the transition from water-and-wood to coal-and-iron industrial technologies in the paleotechnic era, discussing environmental concerns, steam engines, and market systems.
Decentralized storage networks offer services with intriguing possibilities to reduce inequalities in an extremely centralized market. Fair distribution of rewards, however, is still a persistent problem in the current generation of decentralized applicati ...
2024
Why have countries formerly leading public policies of housing – Norway, the U.K., France, etc. – shifted towards privatizing accommodation from the late 1970s? Have these States merely let go of housing and handed it over to private interests in the name ...
2024
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In this paper, we propose an analytical stochastic dynamic programming (SDP) algorithm to address the optimal management problem of price-maker community energy storage. As a price-maker, energy storage smooths price differences, thus decreasing energy arb ...