You know what real socialism would be? A genuinely freed market without the state-enforced artificial scarcities, subsidies and privileges that big business currently enjoys. In a freed market, all the benefits of increased productivity from technological progress would be socialized through market competition. In a freed market, competition would flush the embedded rents on artificial property and artificial scarcity out of the price of goods, and drive price down to production cost. In a freed market, labor would receive its full product instead of paying tribute to the rentier classes. In other words, socialism.
As a market anarchist, I want both totally free markets and genuine socialism — not a choice between fake “socialism” and fake “free markets.”
Studies in Mutualist Political Economy
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