Anarchism and capitalism | Wikipedia audio article
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Date: 2018-11-27

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Anarchism and capitalism

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SUMMARY
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Anarchism is generally defined as the political philosophy which holds the state to be undesirable, unnecessary and harmful, or alternatively as opposing authority and hierarchical organization in the conduct of human relations. The nature of capitalism is a polarizing issue among anarchists. Capitalism is generally considered by scholars to be an economic system that includes private ownership of the means of production, creation of goods or services for profit or income, the accumulation of capital, competitive markets, voluntary exchange, wage labor and has generally been opposed by anarchists historically. Capitalism is variously defined by sources and there is no general consensus among scholars on the definition nor on how the term should be used as a historical category. The designation is applied to a variety of historical cases, varying in time, geography, politics and culture.Most anarchist commentators do not consider anarcho-capitalism as a legitimate form of anarchism due to perceived coercive characteristics of capitalism. In particular, they argue that certain capitalist transactions are not voluntary and that maintaining the class structure of a capitalist society requires coercion in violation of anarchist principles. Anarcho-capitalists argue that capitalism is the absence of coercion and therefore fully compatible with the philosophy of anarchism. Furthermore, they claim that an effort to put a stop to what they consider voluntary hierarchy is inconsistent with the philosophical tradition of freedom present in anarchist thought.