The Iron Fist Behind The Invisible Hand

“The Iron Fist Behind the Invisible Hand: Corporate Capitalism as State Guaranteed Privilege”

by Kevin Carson

The current structure of capital ownership and organization of production in our so-called “market” economy, reflects coercive state intervention prior to and extraneous to the market. From the outset of the industrial revolution, what is nostalgically called “laissez-faire” was in fact a system of continuing state intervention to subsidize accumulation, guarantee privilege, and maintain work discipline.”

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~ by rechelon on June 5, 2008.

One Response to “The Iron Fist Behind The Invisible Hand”

  1. The Richmond Left Libertaian Alliance just folded and stapled one hunderd copies of Kevin’s Iron Fist essay. Thanks for the .pdf’s!

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