Left-Wing Market Anarchism

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"The natural effect of unfettered market competition is socialism."

Kevin Carson

Market Anarchism (sometimes mentioned with an additional "left wing" label in front of its name to distinguish it from Anarcho-Capitalism) is a staunchly pro market, generally culturally and economically left leaning ideology.

Beliefs

It believes that the combo of a strict application of natural rights, self-ownership, and totally unregulated Austrian economics in a stateless society will "eat the rich", resulting in much more equal society than a state regulated Capitalism one could offer. Market Anarchists do not like the term "Capitalism" as he uses it to refer to a corrupt market where corporate welfare and state subsidies favor big corporation at the expense of fair competition, thus generating inequality. He rather prefers the term "radically freed market." This differs from (most) Austrian-school economists' definition, who define Capitalism as a free enterprise system and tend to call said corrupt form of markets Corporatocracy, Cronyism or Crony Capitalism.

Although Market Anarchism is strictly Anti-Capitalist, due to the way they define Capitalism, there is no actual consensus on the status of property within Market Anarchist circles. Arguments have been made by Georgist, Lockean, Mutualist, Neo-Lockean, and Utilitarian circles, all with different approaches to determining legitimate property claims. These different approaches are solved through deliberation mechanisms such as polycentric law, but in the end there's no unifying consensus on the topic.

Mutualist version of Labour Theory of Value

In Kevin Carson's work, Studies in Mutualist Political Economy, in the first chapter, D section, he said:

The concept of socially necessary labor is the appropriate answer to Böhm-Bawerk’s “rare butterfly” challenge to Adam Smith. A rare butterfly that took more effort to capture than a beaver or deer would not carry more exchange-value than those commonly useful items, unless the effectual demand for the butterfly was sufficient to recompense the labor of capturing it. In most cases, therefore, the market for such rare butterflies would consist of rich eccentrics, and the effectual demand for them would support only a small number of laborers. As a result, the market price would inform superfluous butterfly hunters that most of their labor was socially unnecessary, and labor would be withdrawn from such “production” until the price was sufficient to recompense the labor of catching them. The classical political economists and Marxists, as much as Austrians, understood that labor expended on production for which there was no demand was a “sunken cost.”

Kevin A. Carson

Borrow from Mill, who borrowed from Smith, they divided commodities into three groups, based on their reproducibility. According to left wing market anarchists, in some cases, there was an “absolute limitation of the supply,” owing to the fact that it was “physically impossible to increase the quantity beyond certain narrow limits.” As examples, Mill listed the same kinds of commodities as Smith: works of art, and produce grown on specific rare types of soil. Other commodities could be multiplied without limit, given the willingness to incur a certain amount of labor and expense to obtain them. Finally, some commodities could be multiplied indefinitely with sufficient labor and expenditure, “but not by a fixed amount of labour and expenditure.” Greater levels of output required greater unit costs of production (here he referred mainly to agricultural produce).

In Kevin Carson's work, Studies in Mutualist Political Economy, in the first chapter, D section, he said:

"Marginal utility is quite useful not only in describing the laws of behavior governing scarcity exceptions to the labor theory of value, but the laws of behavior governing how much of a commodity is consumed at its labor value. Marginal utility theory, if incorporated into a labor theory of value, would be a major improvement in the sophistication with which the theory explained how and why the law of value operated through the subjective perceptions and decisions of concrete human beings."

Kevin A. Carson

History

Left-Wing Market Anarchism can broadly be said to be an outgrowth of the Anarcho-Capitalist tradition, this is apparent in the Agorist origins of Left-Wing Market Anarchism developing out of Kevin A. Carsons reformatting of Mutualism incorporating Marxist concepts and concepts of the Austrian School of Economics.

How to draw

Flag of Left-Wing Market Anarchism

1. Draw a ball
2. Draw a red horizontal line
3. Draw an inverted V in black
4. Add the eyes, and you are done!

Color Name		HEX	RGB
	White	#FFFFFF	rgb(255, 255, 255)
	Red	#FF0000	rgb(255, 0, 0)
	Black	#141414	rgb(20, 20, 20)

Personality

He is a very cooperative guy, he likes markets and sharing.

Relationships

Friends

• Agorism - Counter-economics? Based!
• Mutualism - Another example of non-capitalist markets.
• Anarcho-Individualism - The Boston anarchists were very based.
• Libertarian Market Socialism - Basically a more moderate version of me.
• Classical Liberalism - Started the whole market thing, and I like Locke's idea of self-ownership.
• Georgism - LVT is cool.
• Steiner-Vallentyne School - Another left-libertarian in favour of self-ownership and public land.
• Left-Rothbardianism - More capitalist version of me, but with roughly the same goals.
• Piratism - Carson likes you.

Frenemies

• Anarcho-Capitalism - I appreciate your enthusiasm for free markets, but please drop the whole capitalism thing. Ok? (Also I hate being confused with you.)
• Anarcho-Communism - Wish you would realize that free markets and anti-capitalism are compatible.
• Market Socialism - Socialist markets are cool, just wish you weren't so statist.
• Austrian School - Also loves free markets, and I took a lot of inspiration from him, but he's still too capitalistic for me.
• Marxism - Loves socialism, Carson seems to likes you, but please be friendly on markets. Konkin III wrecked your ass

Enemies

• Authoritarian Capitalism - No.
• State Capitalism - God no.
• Corporatocracy - OH GOD NO.
• Alt-Right Libertarianism - REEEEEEEEEEEEEE!

Further Information

• Free-market anarchism
• Left-wing market anarchism
• Center for a Stateless Society
• Molinari Institute

Literature

• Studies in Mutualist Political Economy by Kevin Carson
• Organisation Theory: A Libertarian Perspective by Kevin Carson
• The Homebrew Industrial Revolution: A Low-Overhead Manifesto by Kevin Carson
• The Conscience of an Anarchist: Why It's Time to Say Good-Bye to the State and Build a Free Society by Gary Chartier
• Markets Not Capitalism: Individualist Anarchism Against Bosses, Inequality, Corporate Power, and Structural Poverty, a collection of essays by various authors.
• Free Markets & Capitalism?: Do Free Markets Always Produce a Corporate Economy? by Kevin Carson
• The Anatomy of Escape: A Defense of the Commons by by Roderick T. Long, Grant Mincy, and Gary Chartier

Articles:

• Market Anarchism as Stigmeric Socialism by Brad Spangler
• Advocates of Freed Markets Should Oppose Capitalism by Gary Chartier
• Let the Free Market Eat the Rich! by Jeremy Wieland

Gallery

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  Credit: TheLegend2T, Source