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" "Laissez-faire capitalism, or anarchocapitalism, is simply the economic form of the libertarian ethic. Laissez-faire capitalism encompasses the notion that men should exchange goods and services, without regulation, solely on the basis of value for value. It recognizes charity and communal enterprises as voluntary versions of this same ethic. Such a system would be straight barter, except for the widely felt need for a division of labor in which men, voluntarily, accept value tokens such as cash and credit. Economically, this system is anarchy, and proudly so.
Karl Hess (born Carl Hess III; 25 May 1923 – 22 April 1994) was an American libertarian and speechwriter for Barry Goldwater. He was also a free-market anarchist political philosopher, editor, welder, motorcycle racer, tax resister, atheist, and libertarian activist. Although fundamentally a libertarian, his career included stints on the Republican right and the New Left.
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[A]fter I got evicted from the Republican Party, I began reading considerably more of the works of American anarchists, thanks largely to Murray Rothbard...and I was just amazed.<p>When I read Emma Goldman, it was as though everything I had hoped that the Republican Party would stand for suddenly came out crystallised. It was a magnificently clear statement. And another interesting things about reading Emma Goldman is that you immediately see that, consciously or not, she's the source of the best in Ayn Rand. She has the essential points that the Ayn Rand philosophy thinks, but without any of this sort of crazy solipsism that Rand is so fond of, the notion that people accomplish everything all in isolation. Emma Goldman understands that there's a social element to even science, but she also writes that all history is a struggle of the individual against the institutions, which of course is what I'd always thought Republicans were saying, and so it goes.<p>In other words, in the Old Right, there were a lot of statements that seemed correct, and they appeal to you emotionally, as well; it was why I was a Republican—isolationist, anti-authoritarian positions, but they're not illuminated by anything more than statement. They just are good statements. But in the writings of the anarchists the same statements are made, but with this long illumination out of experience, analysis, comparison...it's rock-solid, and so I immediately realised that I'd been stumbling around inventing parts of a tradition that was old and thoughtful and already existed, and that's very nice to discover that—I don't think it's necessary to invent everything.
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The truth, of course, is that libertarianism wants to advance principles of property but that it in no way wishes to defend, willy nilly, all property which now is called private.<p>Much of that property is stolen. Much is of dubious title. All of it is deeply intertwined with an immoral, coercive state system which has condoned, built on, and profited from slavery; has expanded through and exploited a brutal and aggressive imperial and colonial foreign policy, and continues to hold the people in a roughly serf–master relationship to political–economic power concentrations.