Wednesday, September 9, 2009

The Iron Fist Behind The Invisible Hand

Kevin Carson's essay read by Mike Gogulski.

“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.”



via

The Iron Fist Behind The Invisible Hand [PDF]

No comments:

Post a Comment

If the post you are commenting on is more than 30 days old, your comment will have to await approval before being published. Rest assured, however, that as long as it is not spam, it will be published in due time.

Related Posts with Thumbnails