Anarcho-capitalists have a tendency to fancy themselves as too far outside the normal sphere of anarchy when we are actually just anarchists who understand both economics and human nature.
Contrary to the claims of many progressives and socialists, wealth is not created primarily through labor; rather it is created through taking risks and having a willingness to delay gratification. Yes, labor can create some wealth by converting and combining lesser valued goods into more valued goods, but most labor is simply traded—it doesn't actually create much wealth. … Read this article
Goods and services aren't free because they involve scarce resources. If you want heat, food, shelter, clothing, transportation, internet, and all the other things that make life comfortable and fun, you either have to make them yourself—chop wood and build a fire, dig a well, forage for food, etc.—or you have to trade for them using the goods and services you prefer to produce and/or you are better at producing. … Read this article
I recently had an interesting (and short, because he quickly blocked me) conversation on Facebook with a self-styled "anarcho-primitivist" named Justin Stout. He claimed that "economics is a form of brain damage" and went on to make his case thusly: … Read this article
The employer-employee relationship doesn't involve authority because it is an ongoing, voluntary trade of labor for goods (typically money) or occasionally services. There is often confusion on this issue because it might appear that when a "boss" tells his employee what to do, he is exercising authority over that employee. … Read this article
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. … Read this article
A friend of mine recently posed an interesting question. He asked, "Assuming that drugs were legalized... what would you suggest is my right if a drug dealer moves in next door? What are my rights when it comes to protecting my property and my children?" I was in the process of replying when I realized my answer was really too long and complex for a Facebook comment and would actually make a decent blog post. … Read this article