Markets Not Capitalism: An Introduction

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Markets Not Capitalism: An Introduction

By Gary Chartier & Charles W. Johnson

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Introduction

Market anarchists believe in market exchange, not in economic privilege. They believe in free markets, not in capitalism. What makes them anarchists is their belief in a fully free and consensual society — a society in which order is achieved not through legal force or political government, but through free agreements and voluntary cooperation on a basis of equality. What makes them market anarchists is their recognition of free market exchange as a vital medium for peacefully anarchic social order. But the markets they envision are not like the privilege-riddled “markets” we see around us today. Markets laboring under government and capitalism are pervaded by persistent poverty, ecological destruction, radical inequalities of wealth, and concentrated power in the hands of corporations, bosses, and landlords. The consensus view is that exploitation — whether of human beings or of nature — is simply the natural result of markets left unleashed. The consensus view holds that private property, competitive pressure, and the profit motive must — whether for good or for ill — inevitably lead to capitalistic wage labor, to the concentration of wealth and social power in the hands of a select class, or to business practices based on growth at all costs and the devil take the hindmost.

Market anarchists dissent. …

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