He meant this as a condition for socialism, not actually communism.

The 'privately' owned Fed has all its costs externalized by brute force from the government imposed on the people. Its like the bare naked logical conclusion of something like Anti-Trust legislation.

A truly privately owned enterprise would have all of its costs internalized to it and it alone. The free market provides that, obviously. Even in this system we can see what would become of these corporate monsters like GM and Citigroup if they were left to the mercy of the market and not bailed out ( rewarded) for their ( in my opinion , even immoral) corrupt behavior.

He was not talking about a basis of ethics ( i.e. theory of self-ownership) so nice bait and most would bite.

Not all Mkt.Anarchists endorse the theory of Self-Ownership, myself included. I used to but not anymore. The conclusions are sound but the premise is flawed. Its one of those oddball cases.


Are you trying to say now that a state is the product of a (free market)?

I thought we went over your ( not very sound, no offense, not as bad as I thought but still not very sound) argument about landlords=states.

Internalized vs Externalized costs? Ring a bell? Conditional voluntary contracts vs Unilateral, non negotiable ones? Doing anything for you yet? Gene, when are you gonna make the serious video on YouTube addressing this?
Says you, the grand and objective arbitrator of what anarchism is.

How strong? Maybe not that strong?
The largest gap in political thinking is not between small government and big government or minarchy vs socialism , but it is actually between minarchism and anarchism.

Minarchism merely disagrees with other forms of government in terms of degree and semantics.

Minarchism disagrees with Anarchism on core fundamentals,principles, and axioms.

Realmente, the communist Nikolai Kondratieff, Lenin's top economic adviser, predicted the Great Depression as late as 1924. He was executed during the Stalin administration for putting forward te idea capitalism can still regenerate itself after some time. Perhaps you need to learn more about communism before proceeding to make false assertions?

Roger Babson, C.H. Douglas, Thorstein Veblen, and quite a few others also predicted the Great Depression around the time Hayek and Mises did

Is it too much to ask for some intellectual honesty out of the Austrian School? Next I'm going to hear Hayek wasn't defeated by Sraffa - oh wait.

What happened to all my replies? Who went on the deleting spree?
I know nothing I said was insulting or out of hand, so whats the reason?

Entire forum had to be reset. We ain't trying to repress you, don't worry.

Just going to throw this out there. In 1879 Standard Oil controlled 90% of the US's oil. That's when we were as clase as possible to "lassie faire".

Dejavu -- my posts were deleted as well.

I made two posts after yours Dejavu and they were so good that communists were instantly converting to Market Anarchy by just reading the opening lines.

*No facists were harmed in the creation of this post*

Facists - people who judge you according to your face?

Hahahaha -- Yes!!!

*puts head down*

Actually no -- it was a mispelling