Friday, January 11, 2019

Charlie Chartier - "Markets Not Capitalism," - plus Advice For Market Libertarians

This might be a bit too radical for me, but perhaps it could work, and may even get some of the conservatives onboard too. If every time you get a little bit of socialism voted in, the ruling class and the conservatives smash it up, then putting up a system which transcends both socialism and capitalism, which might attract some conservatives to go along with it, could be an answer.

The first video is by a guy called Cameron, who says he is a libertarian socialist. In the video he argues why the free market capitalism that the libertarians advocate will always lead to crony capitalism. It was in this video that I first came across Charlie Chartier, a professor of economics.

Charlie Chartier says he comes from the socialist tradition and he believes that more free markets (i.e, markets not fixed for the corporations) would lead to far less income inequality, fairer societies, and the flourishing of egalitarian worker cooperatives.

'Capitalism', 'Crony Capitalism', and Advice For Market Libertarians

"Markets Not Capitalism," Says Professor Gary Chartier

"The kind of economic arrangements that we see in our world today, which are dominated by cronies of those with state power, that's not the kind of economic arrangement that anyone who believes in freedom ought to favor," says Gary Chartier, Associate Dean at La Sierra School of Business and co-editor of the new book "Markets Not Capitalism: Individualist Anarchism Against Bosses, Inequality, Corporate Power, and Structural Poverty." Chartier, who co-edited the book along with Charles W. Johnson, sat down with's Zach Weissmueller to discuss wy libertarians should stop embracing the word "capitalism," why there's reason to take the concerns of the political Left seriously, and why the economic system in the United States does not even begin to resemble a free market. "If we want freedom, it's something to be achieved," says Chartier. "It's not a matter of celebrating what we have now. It's a matter of making something dramatically different and exciting happen."


Andrew Anderson said...

Does the guy mention banks at all?

If not, he's missing a major point since without government privileges for the banks, business and industry would be much more broadly owned, e.g. in the form of cooperatives.

Noah Way said...

"libertarian socialist" is an oxymoron.

Bob Roddis said...

"libertarian socialist" is an oxymoron.

We agree! Do you believe in miracles? Yes!

Bob Roddis said...

For the 18th time, read this book which settles the issue: