Austrian & Marxist Theories of Monopoly Capital

“Austrian and Marxist Theories of Monopoly Capital: A Mutualist Synthesis”

by Kevin Carson

“But if both facets of our understanding of the present system (that corporate capitalism is exploitative; and that its exploitation depends solely on the state) were sincerely held by libertarians of left and right, it could serve as the basis for an alliance against state capitalism. The Left must be made to understand that their proper grievance is not against private property (properly understood), or markets (in the sense of free exchange between equal, unprivileged producers), but with the state. The Right must be made to understand the extent to which Wal-Mart, Microsoft, and GM are parasitic outgrowths of the state, and not products of “good old American know-how” or “elbow grease.” If both sides are sincerely motivated primarily by an oppostion to statist coercion, rather than a reflexive sympathy for big business or aversion to market exchange, the potential exists for coexistence on the basis of something like Voltairine de Cleyre’s “anarchism without adjectives.” “

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~ by rechelon on April 14, 2009.

3 Responses to “Austrian & Marxist Theories of Monopoly Capital”

  1. Thanks a lot for the link!

  2. […] entire, and intimately shared, basis for existence. And, as Engels shows, and many writers like Kevin Carson recount, the relationship becomes increasingly dependent on the state. Now let’s look again at the […]

  3. […] entire, and intimately shared, basis for existence. And, as Engels shows, and many writers like Kevin Carson recount, the relationship becomes increasingly dependent on the state. Now let’s look again at the […]

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