If we want to understand our world, we must understand free market capitalism: the world’s dominant economic system. But how can we understand a system we are fully indoctrinated into? It seeps into every corner of our reality — even our identity! We define ourselves in opposition to alternatives like communism or tribalism, which now seem ruinous or unsustainable. This makes us blind to our ideals in the same way that fish are blind to water. So in order to achieve the comprehension we seek, we’ll have to dive deeper. Let’s see where capitalism takes us when pushed to its logical extreme. Imagine a society so fully devoted to free market ideals that all forms of government are abandoned, private ownership is sacrosanct, and the solution to every problem is competition and profiteering. Do we want to live in the deep end? The answer will determine a surprising number of our major life decisions.
In this book, Rachels attempts to demonstrate how capitalism can solve every social problem if it were not impeded by government interference. He draws heavily from the works of other libertarian/anarcho-capitalist philosophers (including very long quotations), but to his credit, Rachels reaches beyond philosophy to conceive detailed practicalities. In his anarchic, libertarian utopia, we’d be free from state oppression, wealthier, safer, and even environmentally cleaner.
”End the State. Free the Market. Liberate your Mind.”
We’d pay no tax, suffer no state-sponsored indoctrination, and eliminate bureaucracy. Instead, we’d pay corporations for our transportation networks, educate our children according to our whims, settle disputes through competing arbitration agencies, and entrust our defense to private security firms (including our nuclear arsenal). All these companies would remain environmentally responsible, not because their goals are aligned with nature, but because pollution of someone else’s property would incur financial liability.
Of course, this is just a thought experiment, as no large-scale state-free capitalist society has ever existed. To me, that fact is a major rebuttal, because we’ve been working with capitalism for at least four centuries. If it was the answer to all our problems, wouldn’t they be solved by now? Nevermind the overwhelming challenges of tearing down the government, building private agencies to replace it, and avoiding corporate dystopias depicted in films like “Bladerunner” and “WALL-E”. Even if it worked, do we really want to live in a world founded on the concept of ownership and focused entirely on personal/corporate profit? We hominins are natural creatures, and it’s true that our ecology is constructed of competing self-interests, but it’s also made of collaborative networks, even some that are rigidly enforced: like the human body itself for example (cellular anarchy in the body is called cancer). More cooperation means less individual freedom, but a sole focus on individual liberty leaves us isolated. Perhaps the key to this dichotomy is identity itself. Are we solitary individuals, or part of something bigger?
For me, this book was a valuable Reductio ad absurdum ("reduction to the absurd”: a premise taken to its logical extreme to demonstrate its folly). I appreciate the honest, well-intentioned vision of the author, but he has helped me see that this is not an ideology I will support.