Counter-economics
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Counter-economics
Counter-economics is an economic theory and revolutionary method consisting of direct action carried out through the black market or the gray market. As a term, it was originally used by American libertarian activists and theorists Samuel Edward Konkin III and J. Neil Schulman. The former defined it as the study or practice "of all peaceful human action which is forbidden by the State". The term is short for counter-establishment economics and may also be referred to as counter-politics. Counter-economics was integrated by Schulman into Konkin's doctrine of agorism, a left-libertarian social philosophy and branch of left-wing market anarchism that advocates creating a society in which all relations between people are voluntary exchanges. Within libertarianism in the United States, counter-economics has been adopted by anarcho-capitalists, left-wing market anarchists, as well as more anti-capitalist anarchists. Origins The first presentation of the theory of counter-economics ...
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Libertarianism In The United States
In the United States, libertarianism is a political philosophy promoting individual liberty. According to common meanings of conservatism and liberalism in the United States, libertarianism has been described as ''conservative'' on economic issues (economic liberalism) and ''liberal'' on personal freedom ( civil libertarianism),Boaz, David; Kirby, David (October 18, 2006). ''The Libertarian Vote''. Cato Institute. often associated with a foreign policy of non-interventionism.Olsen, Edward A. (2002). ''US National Defense for the Twenty-First Century: The Grand Exit Strategy''. Taylor & Francisp. 182 . . Broadly, there are four principal traditions within libertarianism, namely the libertarianism that developed in the mid-20th century out of the revival tradition of classical liberalism in the United States after liberalism associated with the New Deal; the libertarianism developed in the 1950s by anarcho-capitalist author Murray Rothbard, who based it on the anti-New Deal Old ...
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Libertarianism In The United States
In the United States, libertarianism is a political philosophy promoting individual liberty. According to common meanings of conservatism and liberalism in the United States, libertarianism has been described as ''conservative'' on economic issues (economic liberalism) and ''liberal'' on personal freedom ( civil libertarianism),Boaz, David; Kirby, David (October 18, 2006). ''The Libertarian Vote''. Cato Institute. often associated with a foreign policy of non-interventionism.Olsen, Edward A. (2002). ''US National Defense for the Twenty-First Century: The Grand Exit Strategy''. Taylor & Francisp. 182 . . Broadly, there are four principal traditions within libertarianism, namely the libertarianism that developed in the mid-20th century out of the revival tradition of classical liberalism in the United States after liberalism associated with the New Deal; the libertarianism developed in the 1950s by anarcho-capitalist author Murray Rothbard, who based it on the anti-New Deal Old ...
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Left-libertarianism
Left-libertarianism,Bookchin, Murray; Biehl, Janet (1997). ''The Murray Bookchin Reader''. New York: Cassell. p. 170.Goodway, David (2006). '' Anarchist Seeds Beneath the Snow: Left-Libertarian Thought and British Writers from William Morris to Colin Ward''. Liverpool: Liverpool University Pressp. 4 . "'Libertarian' and 'libertarianism' are frequently employed by anarchists as synonyms for 'anarchist' and 'anarchism', largely as an attempt to distance themselves from the negative connotations of 'anarchy' and its derivatives. The situation has been vastly complicated in recent decades with the rise of anarcho-capitalism, 'minimal statism' and an extreme right-wing ''laissez-faire'' philosophy advocated by such theorists as Murray Rothbard and Robert Nozick and their adoption of the words 'libertarian' and 'libertarianism'. It has therefore now become necessary to distinguish between their right libertarianism and the left libertarianism of the libertarian tradition."Marshall, Pete ...
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Left-wing Market Anarchism
Free-market anarchism, or market anarchism, also known as free-market anti-capitalism and free-market socialism, is the branch of anarchism that advocates a free-market economic system based on voluntary interactions without the involvement of the state. A form of individualist anarchism, and market socialism,Carson, Kevin"Socialism: A Perfectly Good Word Rehabilitated" Center for a Stateless Society. "But there has always been a market-oriented strand of libertarian socialism that emphasizes voluntary cooperation between producers. And markets, properly understood, have always been about cooperation. As a commenter at ''Reason'' magazine's Hit&Run blog, remarking on Jesse Walker's link to the Kelly article, put it: "every trade is a cooperative act." In fact, it's a fairly common observation among market anarchists that genuinely free markets have the most legitimate claim to the label "socialism." it is based on the economic theories of mutualism and individualist anarchism i ...
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Agorism
Agorism is a social philosophy that advocates creating a society in which all relations between people are voluntary exchanges by means of counter-economics, engaging with aspects of nonviolent revolution. It was first proposed by American libertarian philosopher Samuel Edward Konkin III (1947–2004) at two conferences, CounterCon I in October 1974 and CounterCon II in May 1975. Etymology The term was coined by Samuel Edward Konkin III and comes from the word ''agora'' ( grc, ἀγορά), referring to an open place for assembly and market in a ''polis'' ( grc, πόλις; city-state). Gordon, David (1 April 2011)"Sam Konkin and Libertarian Theory" ''LewRockwell.com''. Retrieved 21 November 2019. Origins According to Konkin, agorism and counter-economics were originally fighting concepts forged in the revolutionary atmosphere of 1972 and 1973. Konkin credits the Austrian School and particularly Ludwig von Mises as the base of economic thought leading to agorism and counter-ec ...
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Samuel Edward Konkin III
Samuel Edward Konkin III (8 July 1947 – 23 February 2004), also known as SEK3, was an American libertarian philosopher and Austrian school economist. As the author of the publication '' New Libertarian Manifesto'', he was a proponent of a political philosophy he named agorism. Personal life Konkin was born in Edmonton, Alberta, to Samuel Edward Konkin II and Helen Konkin. He had one brother named Alan. He married Sheila Wymer in 1990 and had one son named Samuel Evans-Konkin. The marriage ended soon afterward. Although he was an atheist, Konkin was a lifelong fan of C. S. Lewis and J. R. R. Tolkien. Konkin was also notable for his style of dress: "To show his anarchist beliefs, he dressed completely in black, a color associated with that movement since the late nineteenth century". Gordon, David (2011-04-01Sam Konkin and Libertarian Theory LewRockwell.com; accessed October 28, 2017. On 23 February 2004, Konkin died of natural causes in his apartment in West Los Angeles, C ...
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Subjective Theory Of Value
The subjective theory of value is an economic theory which proposes the idea that the value of any good is not determined by the utility value of the object, nor by the cumulative value of components or labour needed to produce or manufacture it, but instead is determined by the individuals or entities who are buying or selling the object in question. This trend is often seen in collectable items such as cars, vinyl records, and comic books. The value of an object may have increased substantially since its creation or original purchase due to age, a personal affinity, or scarcity. The modern version of this theory was created independently and nearly simultaneously by William Stanley Jevons, Léon Walras, and Carl Menger in the late 19th century.Stigler, George (1950) "The Development of Utility Theory. I" ''The Journal of Political Economy'' Overview According to the subjective theory of value, by assuming that all trades between individuals are voluntary, it can be concluded tha ...
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Arms Trafficking
Arms trafficking or gunrunning is the illicit trade of contraband small arms and ammunition, which constitutes part of a broad range of illegal activities often associated with transnational criminal organizations. The illegal trade of small arms, unlike other organized crime commodities, is more closely associated with exercising power in communities instead of achieving economic gain. Scholars estimate illegal arms transactions amount to over US$1 billion annually. To keep track of imports and exports of several of the most dangerous armament categories, the United Nations, in 1991, created a Register for Conventional Arms. Participation, however, is not compulsory, and lacks comprehensive data in regions outside of Europe. Africa, due to a prevalence of corrupt officials and loosely enforced trade regulations, is a region with extensive illicit arms activity. In a resolution to complement the Register with legally binding obligations, a Firearms Protocol was incorporated in ...
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Bartering
In trade, barter (derived from ''baretor'') is a system of exchange in which participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money. Economists distinguish barter from gift economies in many ways; barter, for example, features immediate reciprocal exchange, not one delayed in time. Barter usually takes place on a bilateral basis, but may be multilateral (if it is mediated through a trade exchange). In most developed countries, barter usually exists parallel to monetary systems only to a very limited extent. Market actors use barter as a replacement for money as the method of exchange in times of monetary crisis, such as when currency becomes unstable (such as hyperinflation or a deflationary spiral) or simply unavailable for conducting commerce. No ethnographic studies have shown that any present or past society has used barter without any other medium of exchange or measurement, and an ...
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Alternative Currency
A complementary currency is a currency or medium of exchange that is not necessarily a national currency, but that is thought of as supplementing or complementing national currencies. Complementary currencies are usually not legal tender and their use is based on agreement between the parties exchanging the currency. According to Jérôme Blanc of Laboratoire d'Économie de la Firme et des Institutions, complementary currencies aim to protect, stimulate or orientate the economy. They may also be used to advance particular social, environmental, or political goals. When speaking about complementary currencies, a number of overlapping and often interchangeable terms are in use: local or community currencies are complementary currencies used within a locality or other form of community (such as business-based or online communities); regional currencies are similar to local currencies, but are used within a larger geographical region; and sectoral currencies are complementary curren ...
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Economic Theory
Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on these elements. Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advocating "what ought to be"; between economic theory and applied economics; between rational an ...
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Illegal Immigration
Illegal immigration is the migration of people into a country in violation of the immigration laws of that country or the continued residence without the legal right to live in that country. Illegal immigration tends to be financially upward, from poorer to richer countries. Illegal residence in another country creates the risk of Immigration detention, detention, deportation, and/or other sanctions. Asylum seekers who are denied asylum may face impediment to expulsion if the home country refuses to receive the person or if new asylum evidence emerges after the decision. In some cases, these people are considered illegal aliens, and in others, they may receive a temporary residence permit, for example with reference to the principle of non-refoulement in the international Refugee Convention. The European Court of Human Rights, referring to the European Convention on Human Rights, has shown in a number of indicative judgments that there are enforcement barriers to expulsion t ...
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