Friday, February 11, 2011

Let the free market eat the rich!

A long running debate among the anarchists, especially between individualist and more communist type, centers around the justice of wealth disparities. Certainly the existence of the State serves to enrich particular interests at the expense of others, but in anarchy would the rich dominate society – just as they do with the State? Even if we could immediately switch off the institutions that forcibly manipulate society, there is danger that the legacy of privilege and accumulated wealth could persist for some time, distorting markets and continuing the frustrate the balance of power between individuals.

Individualist anarchists have had a variety of responses to the problems of historical property and wealth distribution. Even anarcho-capitalists who see large scale social coordination as the natural direction of society have different views, such as Hans Hermann Hoppe’s theory of a natural elite and Murray Rothbard’s support of syndicalist takeover of State-supported corporations. On the other side of the coin, left-leaning individualists also entertain a variety of approaches: from the agorist trust of entrepreneurship as a leveling force to mutualists such as Benjamin Tucker and Kevin Carson speculating about the possible need for short term State sponsored redistribution and reform.

Read the rest of Jeremy Weiland's article

James Tuttle,
Regular Columnist, THL
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