29 August 2010
Market anarchy is for markets
Market anarchy means anarchy (i.e. freedom) for the market. Real anarchy means freedom for the people, which means, among other things, freedom from the market. If the market enjoys freedom to find its equilibrium, that doesn't help me if the equilibrium price of my talents happens to fall short of the equilibrium price of my needs. Unmet needs are the basis to all forms of exploitation. Those who have what they need within easy reach are those who have the freedom to take this (or another) job and shove it. Freedom for the people may require the ability to override market outcomes. Obviously a nongovernmental means of accomplishing this must be invented, but such an invention is necessarily part of the struggle.