Graffiti reading "Free-market anti-capitalist"
Free-market anti-capitalist mural in Queens

Market anarchism[1] is the branch of anarchism that advocates a free-market economic system based on voluntary interactions without state involvement; a form of individualist anarchism.[2][3] The basic doctrine of market anarchism is that the legislative, adjudicative, and protective functions are unjustly and inefficiently monopolized by the coercive state, and they should be entirely turned over to the voluntary, consensual market forces.[4] Market anarchism opposes the state and considers it inherently coercive. Gustave de Molinari is considered to be the originator of the theory.[5]

Variations

Anarcho-capitalism

Anarcho-capitalism is the most prominent view in market anarchism; it was developed primarily by Murray Rothbard, who combined the Austrian School economics of Ludwig von Mises with a natural-rights framework of self-ownership, drawing from 19th-century individualist anarchists.[6] Rothbard considers the state, an institution funded by compulsory taxation and claiming a coercive monopoly on law and defense, inherently illegitimate, stating;

"The State is an inherently illegitimate institution of organized aggression, of organized and regularized crime against the persons and properties of its subjects… a profoundly antisocial institution which lives parasitically off of the productive activities of private citizens."[7][8]

Mutualism and left-market anarchism

Mutualism is associated with Pierre-Joseph Proudhon; it retains a modified version of the labor theory of value, claiming that prices tend toward the cost of labor under genuine free competition. However, the subjective value and time preference following the Austrian tradition are not outrightly rejected.[9]

Agorism

Agorism, proposed by Canadian-American anarchist Samuel Edward Konkin III[10], is associated with left-libertarianism; it draws heavily from Austrian economics and rejects anarcho-capitalism's association with big business. Instead, it advocates counter-economics—building black- and grey-market voluntary exchanges outside the state control as a strategy for peacefully dissolving the state.[11]

Terminology issues

Due to contending definitions of the terms 'markets' and 'capitalism' which are not used by free-market anti-capitalists,[12][13][14] anarcho-capitalism has been referred to synonymously as "free-market anarchism," but the ideologies differ significantly.[15][16][17][18] The Center for a Stateless Society (C4SS), which Kevin Carson is associated with, is one such group of free-market anti-capitalists;[19] as is Samuel Edward Konkin III's agorism, a tendency associated with left-libertarianism.[20]

Some writers, such as Iain McKay, have been skeptical of this conceptual nomenclature on the grounds that it still leads to misunderstandings about its similarity to anarcho-capitalists.[21][22] The dispute is not merely semantic; Carson and McKay argue that using "market anarchism" as a synonym of anarcho-capitalism overshadows a distinct, left-wing, anti-capitalist tradition of free market thought stretching back to Proudhon.[9]

See also

References

  1. ↑ Long, Roderick T. (January 1, 2012). "Left-Libertarianism, Market Anarchism, Class Conflict and Historical Theories of Distributive Justice". Griffith Law Review. 21 (2): 413–431. doi:10.1080/10383441.2012.10854747. S2CID 143550988 – via Taylor and Francis+NEJM.
  2. ↑ Chartier, Gary; Johnson, Charles W. (2011). Markets Not Capitalism: Individualist Anarchism Against Bosses, Inequality, Corporate Power, and Structural Poverty. Brooklyn: Minor Compositions/Autonomedia.
  3. ↑ Carson, Kevin A. "Introduction". Mutualist.org. Archived from the original on 2025-06-04. Retrieved 2025-06-11.
  4. ↑ "Molinari Institute". praxeology.net. Retrieved 2026-07-09.
  5. ↑ "Molinari Institute". praxeology.net. Retrieved 2026-07-09.
  6. ↑ Childs, Roy (1973-09-01). "For a New Liberty". Reason.com. Retrieved 2026-07-09.
  7. ↑ "The State versus Liberty | Mises Institute". mises.org. 2021-12-23. Retrieved 2026-07-09.
  8. ↑ Rothbard, Murray N. (2002). The ethics of liberty. New York: New York University Press. ISBN 978-0-8147-7559-2.
  9. 1 2 Carson, Kevin A. "Studies in Mutualist Political Economy". www.mutualist.org. Retrieved 2026-07-09.{{cite web}}: CS1 maint: url-status (link)
  10. ↑ Konkin, Samuel Edward (2008). An agorist primer. Kopubco: Huntington Beach. ISBN 978-0-9777649-4-5.
  11. ↑ Gaus, Gerald F.; D'Agostino, Fred; Muldoon, Ryan, eds. (2025). The Routledge companion to social and political philosophy. Routledge philosophy companions (2nd ed.). New York London: Routledge (published 2024-11-15). p. 277. ISBN 978-1-032-49468-5.
  12. ↑ Chartier, Gary. Johnson, Charles H. Markets Not Capitalism: Individualist Anarchism Against Bosses, Inequality, Corporate Power, and Structural Poverty. Brooklyn: Minor Compositions/Autonomedia. pp. 60–61. "In order to get clear on the topic in a conversation about 'Free Market Anticapitalism,' the obvious points where clarification may be needed are going to be the meaning of capitalism, the meaning of markets, and the meaning of freedom in the market context... market anarchists have spent a lot of time...the possibility of disentangling multiple senses of 'capitalism'...The meaning of the term is obviously central to any free market economics...Pro-capitalist economists have often suggested such a broad understanding of 'markets' even if they have not fully understood...its implications. For example Murray Rothbard...."
  13. ↑ Zwolinski, Matt (9 January 2013). "Markets Not Capitalism". FEE.org. Foundation for Economic Education. Archived from the original on 23 May 2024. Retrieved 12 July 2025.
  14. ↑ Kabaservice, Geoff; Zwolinski, Matt (17 April 2025). "The old, weird history of libertarianism". Niskanen Center. Archived from the original on 17 June 2025. Retrieved 13 July 2025.
  15. ↑ Carrier, James G. (1997). Meanings of the Market: The Free Market in Western Culture (1 ed.). Oxford: Berg. p. 107. ISBN 185973149X.
  16. ↑ Miller, G. Tyler; Paul, Ellen Frankel; Miller Jr., Fred D., eds. (1993). Liberalism and the Economic Order, Part 2. p. 115.
  17. ↑ Long, Roderick T.; Machan, Tibor R. (2016) [2008]. Anarchism/Minarchism: Is a Government Part of a Free Country?. Ashgate.
  18. ↑ Hoffman, John; Graham, Paul (2006). Introduction to Political Theory. p. 243.
  19. ↑ Jun, Nathan J. (2017). Brill's Companion to Anarchism and Philosophy. Brill. p. 308. ISBN 978-9004356894.
  20. ↑ "Anarchism". In Gaus, Gerald F.; D'Agostino, Fred, eds. (2012). The Routledge Companion to Social and Political Philosophy. p. 227. "Later [left-libertarianism] became a term for the left or Konkinite wing of the free-market libertarian movement, and has since come to cover a range of pro-market but anti-capitalist positions, mostly individualist anarchist, including agorism and mutualism, often with an implication of sympathies (such as for radical feminism or the labor movement) not usually shared by anarcho-capitalists."
  21. ↑ Mckay, Iain (2008). "Capitalism Does Not Equal the Market". Anarchist Writers. Archived from the original on 26 March 2025. Retrieved 26 March 2025. It would be tempting to call such a system of market co-operatives "market anarchism" in the same way that Schweickart's calls his similar system market socialism, but that would be unwise. This is because "anarcho"-capitalists have appropriated that term in a rebranding exercise for their own ideology. (...) Best, I think, to call it mutualism, as Proudhon did — that would make it extremely difficult for the propertarian right to appropriate it.
  22. ↑ McKay, Iain (1 May 2025). "An Anarchist FAQ version 15.7 released". An Anarchist FAQ. Archived from the original on 24 July 2025. Retrieved 24 July 2025. some have starting using the term "market anarchism" to describe Individualist Anarchism and mutualism. This can be considered as an equivalent of "market socialism" but the problem is that the term can be used by "anarcho"-capitalists in yet another attempt to smuggle their authoritarian ideology into anarchist circles.

Bibliography

Further reading

  • Chartier, Gary; Johnson, Charles W. (2011). "Introduction". In Chartier, Gary; Johnson, Charles W. (eds.). Markets Not Capitalism: Individualist Anarchism Against Bosses, Inequality, Corporate Power, and Structural Poverty. Brooklyn: Autonomedia. pp. 1–16. ISBN 978-1570272424.
  • Chartier, Gary (2011). "Advocates of Freed Markets Should Oppose Capitalism". In Chartier, Gary; Johnson, Charles W. (eds.). Markets Not Capitalism: Individualist Anarchism Against Bosses, Inequality, Corporate Power, and Structural Poverty. Brooklyn: Autonomedia. pp. 107–117. ISBN 978-1570272424.
  • Chartier, Gary (2011). "Socialist Ends, Market Means". In Chartier, Gary; Johnson, Charles W. (eds.). Markets Not Capitalism: Individualist Anarchism Against Bosses, Inequality, Corporate Power, and Structural Poverty. Brooklyn: Autonomedia. pp. 149–154. ISBN 978-1570272424.
  • Johnson, Charles W. (2011). "Markets Freed From Capitalism". In Chartier, Gary; Johnson, Charles W. (eds.). Markets Not Capitalism: Individualist Anarchism Against Bosses, Inequality, Corporate Power, and Structural Poverty. Brooklyn: Autonomedia. pp. 59–81. ISBN 978-1570272424.
  • Spangler, Brad (2011). "Market Anarchism as Stigmergic Socialism". In Chartier, Gary; Johnson, Charles W. (eds.). Markets Not Capitalism: Individualist Anarchism Against Bosses, Inequality, Corporate Power, and Structural Poverty. Brooklyn: Autonomedia. pp. 85–92. ISBN 978-1570272424.
source: https://en.wikipedia.org/wiki/Free-market_anarchist