Tom:

I'm curious what, in anarcho-capitalism, stops things from simply
evolving into totalitarian monopoly capitalism?

I admit to enjoying books such as The Creature from Jekyll Island the
theories of Austrian economics, but I don't see how a totally "natural"
free market can ever actually be a free market.  What the Creature from
Jekyll Island describes to me, in contrast to the morals drawn by it's
author, is how, once an avaricious and cunning individual (or cabal of
individuals, such as those described in the book) acquires sufficient
capital to purchase someone else's labor or the fruit of their labor
(e.g. another company) they  will simply, "naturally", without
interference, continue to consolidate both financial and political power
until they rule absolutely.

In fact, as the creation of the Federal Reserve Bank itself
demonstrates, the only defense we have against these people are the
slight and weak anti-trust laws: i.e., government.  This indicates to me
that the only protection we as individuals have in the United States,
i.e. the Bill of Rights, are upheld only by a very weak power that is
frequently and usually corrupted and abducted by business (the US
Government); that, in fact, the abuses attributed to government are the
abuses of the very people to whom Laissez Faire capitalists would turn
over unrestricted reigns of power.  What most people think of as
government these days is really just big business masquerading as
government -- and of course, if government tries to do something useful,
they do their best to make it fail.  When business says, "we need to get
rid of government" they really mean "we need to get rid of any
impediment to our absolute dominion".

Won't it be great when the U.S. military is completely privatized?  Then
they won't even have to have a fake president lie to Congress in order
to accomplish their global economic aims; they can just go do it.
Strong-man economics. Completely free avarice. I.e., anarcho-capitalism:
capitalism without law.

Dirk

Tom White wrote:

>David and Diane:
>
>Reading you two I kick myself for not having followed up with true faith and
>scholarship my first reading of Pound back in 1950 and my stunned
>recognition of economic truth. I am child of the Great Depression, and Pound
>was the first person I had ever read who had a convincing explanation of
>what was going on. Since then I have read Murray Rothbard, who gives the
>whole Depression story in detail (book, The Great Depression) and many many
>others, all unapproved by the Establishment, which regrettably is utterly
>corrupt, especially the major media.
>
>(I should include links but do not have the time, but Google should provide
>them easily.)
>
>Now more and more Pound looks entirely rehabilitated in the breaking news,
>for those who can see.  Not in his ad hominem stuff, for which he
>apologized, but for his understanding of the world-shattering avarice which
>throws the entire world into debt and war and is doing so most horribly at
>the moment.
>
>Along the way, check out the von Misean school of "Austrian" economics.
>Check out V. Gordon Childe's What Happened in History. Griffith's The
>Creature from Jekyll Island, Eustace Mullins on the Federal Reserve. In
>general, the web is alive today with stuff on the basic perversion of
>economic life by way of fiat money and fractional reserve banking. Not much
>will improve until that is history.
>
>I disagree with Pound's expectation that govt. could run money well. Govt.
>can't do anything well. Instead I would substitute the libertarian concept
>of anarcho-capitalism, with the essential underpinning being a money that is
>not created as debt but is arrived at through market processes entirely
>uncontrolled by govt. (Keep in mind that most mentions of free trade really
>mean govt.-managed trade; this distinction is of the first importance.)
>Anarcho-capitalism means REALLY free trade.
>
>All for now. I have sworn I am not going to get into lengthy correspondence
>on this stuff what with other needs for my vanishing time, but I could not
>resist this much. Hope it gets through. I get the list mailings but think I
>may have relinquished my right to post. Anyway here goes: hit send! Tom
>White
>
>
>