It may be my flawed understanding of anarcho capitalism of maybe there are modifications to the base idea that I'm not aware of, but I think that this system of governance is well intentioned, but prone to long term flaws.
Addressing the capitalism part, without a regulatory 'bully' (government), competition alone is not enough to keep companies and corporations in check. The end goal of a unrestrained free market is monopoly or a collusion. I don't see it (competition) as a long term point of stability, it is temporarily stable, but it doesn't have the negative feedback loops to form a stable system.
The anarchic part, I think is great in theory and in the short term. However, I think it is not stable in the long term, as groups and power bases form over a long time . Thus, these groups begin to organise, and with this organisation comes a recentralisation. You cannot force decentralisation again, as they are free to organise in the first place. This, if you have centralisation of power, then I would prefer it was held in check and restrained by a system (such as representative democracy).
Again, please let me know if I have misunderstood what anarcho capitalism stands for! I really think it is a great idea, just unrealistic.
Thanks, I will definitely read it! I'm always wanting to know more about different things, especially if they aren't what I normally what comes into my mind!
Thank you!
It may be my flawed understanding of anarcho capitalism of maybe there are modifications to the base idea that I'm not aware of, but I think that this system of governance is well intentioned, but prone to long term flaws.
Addressing the capitalism part, without a regulatory 'bully' (government), competition alone is not enough to keep companies and corporations in check. The end goal of a unrestrained free market is monopoly or a collusion. I don't see it (competition) as a long term point of stability, it is temporarily stable, but it doesn't have the negative feedback loops to form a stable system.
The anarchic part, I think is great in theory and in the short term. However, I think it is not stable in the long term, as groups and power bases form over a long time . Thus, these groups begin to organise, and with this organisation comes a recentralisation. You cannot force decentralisation again, as they are free to organise in the first place. This, if you have centralisation of power, then I would prefer it was held in check and restrained by a system (such as representative democracy).
Again, please let me know if I have misunderstood what anarcho capitalism stands for! I really think it is a great idea, just unrealistic.
Those are good points. I'm a bit rusty on my own politics lol I wrote this about a year ago and it sums up exactly what I think: https://steemit.com/anarchism/@driptorchpress/what-s-this-about-a-nap
Thanks, I will definitely read it! I'm always wanting to know more about different things, especially if they aren't what I normally what comes into my mind!