Capitalism for Dummies (and Socialists)

The whole notion of capitalism is that those with capital are incentivized to invest it in order to obtain a profit. If profits are outlawed or significantly reduced through confiscatory taxation, the incentive to invest is reduced or eliminated. If profit is forbidden, I have no incentive to invest rather than consume. Why would I delay gratification and take on risk to plant a field or build a factory if I don’t stand to make a profit by doing so?

The Case for a Voluntary Society

For those of you who think that Anarchy is just an idealistic notion, ask yourself is the more realistic one really a system that is funded through coercion and whose policies are formulated by a select few and whose compliance is mandated under threat of violence? Is this not the incredibly idealistic and I would argue irrational and evil notion? Please, I only ask at the very least not that you agree, but that you instead refrain from supporting the use of violence to forcibly impose your will on me. I promise I will pay you the same respect.

Nobody Owns Anything

Throughout my tenure as an anarchist one thing has always set me apart from everyone else: my beliefs around the concept of property and ownership. These are some real foundational beliefs for me, because it is based on them that I evaluate various things like “capitalism”, “socialism”, “communism”, even “economics” writ large. My beliefs on ownership are ones that I have largely kept silent about, but recently I have been feeling the need to sit down and elucidate my thoughts on the subject. So here it goes.

My Political Objectives

A month ago I shared my result of “The Political Objectives Test” by Hello Quizzy. I was branded an “anarchist” with the summary beginning with this very true statement, “Liberty is so overwhelmingly important to you that you wish to eliminate anything that can interfere with it.” I found the test to be rather helpful in contrasting my views with others on the various topics it questioned me about. For that I wanted to present the questions here with emphasis (underlined) on the statements I selected, followed by some commentary and resources.

The Trouble With Socialist Anarchism

Written by Per Bylund. The new movie “V for Vendetta” has provoked public discussion of the meaning of anarchism. Murray Rothbard was an advocate of the stateless society, but he was never accepted by the anarchist movement and is still considered more a “capitalist lackey” than anarchist thinker. Indeed, anarcho-capitalism has always been considered an…