Here
is the essential reading on anarcho-capitalism, which might
also be called the natural order, private-property anarchy,
ordered anarchy, radical capitalism, the private-law society,
or society without a state. This is not intended to be a comprehensive
list. Indeed, only English-language works currently in print
or forthcoming are included. Please note that suggestions are
welcome, especially for Section IV: Congenial
Writings.
I. Murray N. Rothbard and Austro-Libertarianism
At
the top of any reading list on anarcho-capitalism must be the
name Murray
N. Rothbard. There would be no anarcho-capitalist movement
to speak of without Rothbard. His work has inspired and defined
the thinking even of such libertarians such as R. Nozick, for
instance, who have significantly deviated from Rothbard, whether
methodologically or substantively. Rothbard's entire work is
relevant to the subject of anarcho-capitalism, but centrally
important are:
The
Ethics of Liberty, the most comprehensive presentation
and defense of a libertarian law code yet written. Grounded
in the tradition of natural law and in its style of axiomatic-deductive
reasoning, Rothbard explains the concepts of human rights, self-ownership,
original appropriation, contract, aggression, and punishment.
He demonstrates the moral unjustifiability of the state, and
offers smashing refutations of prominent limited-statist libertarians
such as L. v. Mises, F. A. Hayek, I. Berlin, and R. Nozick.
In
For
A New Liberty Rothbard applies abstract libertarian
principles to solve current welfare-state problems. How would
a stateless society provide for goods such as education, money,
streets, police, courts, national defense, social security,
environmental protection, etc.? Here are the answers.
Power
and Market is the most comprehensive theoretical analysis
of the inefficiencies and counterproductive effects of every
conceivable form of government interference with the market,
from price controls, compulsory cartels, anti-trust laws, licenses,
tariffs, child labor laws, patents, to any form of taxation
(including Henry George's proposed "single tax" on ground land).
Egalitarianism
As a Revolt Against Nature is a marvelous collection
of Rothbard essays on philosophical, economic, and historical
aspects of libertarianism, ranging from war and revolution to
kids' and women's liberation. Rothbard shows his intellectual
debt both to Ludwig von Mises and Austrian economics (praxeology)
and to Lysander Spooner and Benjamin Tucker and individualist-anarchist
political philosophy. This collection is the best single introduction
to Rothbard and his libertarian research program.
The
four-volume Conceived
in Liberty is a comprehensive narrative history of colonial
America and the role of libertarian ideas and movements. Rothbard's
magisterial two-volume An
Austrian Perspective on the History of Economic Thought
traces the development of libertarian economic and philosophical
thought throughout intellectual history. The
Irrepressible Rothbard contains delightful libertarian
commentary on political, social, and cultural issues, written
during the last decade of Rothbard's life.
Justin
Raimondo has written an insightful biography: Murray
N. Rothbard: An Enemy of the State.
The
Austro-libertarian tradition inaugurated by Rothbard is continued
by Hans-Hermann
Hoppe. In Democracy
– The God That Failed Hoppe compares monarchy favorably
to democracy, but criticizes both as ethically and economically
inefficient, and advocates a natural order with competitive
security and insurance suppliers. He revises fundamental orthodox
historical interpretations, and reconsiders central questions
of libertarian strategy. The
Economics and Ethics of Private Property includes Hoppe's
axiomatic defense of the principle of self-ownership and original
appropriation: anyone arguing against these principles is involved
in a performative or practical contradiction.
The
Myth of National Defense is a collection of essays by
an international assembly of social scientists concerning the
relationship between State and war and the possibility of non-statist
property defense: by militias, mercenaries, guerrillas, protection-insurance
agencies, etc.
II.
Alternative Approaches to Anarcho-Capitalism
The
following authors come to similar conclusions but reach them
in different ways and varying styles. While Rothbard and Hoppe
are natural-rightsers of sorts and praxeologists, there exist
also utilitarian, deontic, empiricist, historicist, positivist,
and plain eclectic defenders of anarcho-capitalism.
Randy
E. Barnett's The
Structure of Liberty is an outstanding discussion of
the requirements of a liberal-libertarian society from the viewpoint
of a lawyer and legal theorist. Heavily influenced by F.A. Hayek,
Barnett uses the term "polycentric constitutional order" for
anarcho-capitalism.
Bruce
L. Benson's The
Enterprise of Law is the most comprehensive empirical-historical
study of anarcho-capitalism. Benson provides abundant empirical
evidence for the efficient operation of market-produced law
and order. Benson's sequel To
Serve and Protect is likewise to be recommended.
David
D. Friedman's The
Machinery of Freedom presents the utilitarian case for
anarcho-capitalism: brief, easy to read, and with many applications
from education to property protection.
Anthony
de Jasay favors a deontic approach to ethics. His writing –
in The
State, in Choice,
Contract, Consent, and the excellent essay collection
Against
Politics – is theoretical, with a neo-classical, game-theoretic
flavor. Brilliant critic of public choice and constitutional
economics – and the notion of minarchism.
Morris
and Linda Tannehill's The
Market for Liberty has a distinctly Randian flavor.
However, the authors employ Ayn Rand's pro-state argument in
support of the opposite, anarchistic conclusion. Outstanding
yet much neglected analysis of the operation of competing security
producers (insurers, arbitrators, etc.).
III.
Precursors of Modern Anarcho-Capitalism
The
contemporary anarcho-capitalist intellectual movement has a
few outstanding 19th and early-20th century precursors.
Even when sometimes deficient – the issue of ground land ownership
in the tradition of Herbert Spencer and the theory of money
and interest in the Spooner-Tucker tradition – the following
titles remain indispensable and largely unsurpassed. (This listing
is chronological and systematic, rather than alphabetical.)
Gustave
de Molinari's pathbreaking 1849 article The
Production of Security is probably the single most important
contribution to the modern theory of anarcho-capitalism. Molinari
argues that monopoly is bad for consumers, and that this also
holds in the case of a monopoly of protection. Demands competition
in the area of security production as for every other line of
production.
Herbert
Spencer's Social
Statics is an outstanding philosophical discussion of
natural rights in the tradition of John Locke. Spencer defends
the right to ignore the state. Also highly recommended are his
Principles
of Ethics.
Auberon
Herbert is a student of Spencer. In The
Right and Wrong of Compulsion by the State, Herbert
develops the Spencerian idea of equal freedom to its logically
consistent anarcho-capitalist end. Herbert is the father of
Voluntaryism.
Lysander
Spooner is a 19th-century American lawyer and legal theorist.
No one who has read "No Treason," included in The
Lysander Spooner Reader, will ever see government with
the same eyes. Spooner makes mincemeat of the idea of a social
contract.
A
concise history of individualist-anarchist thought and the related
movement in 19th-century America, with particular attention
to Spooner and Benjamin Tucker, is James J. Martin's Men
Against the State.
Franz
Oppenheimer is a left-anarchist German sociologist. In The
State he distinguishes between the economic (peaceful
and productive) and the political (coercive and parasitic) means
of wealth acquisition, and explains the state as instrument
of domination and exploitation.
Albert
J. Nock is influenced by Franz Oppenheimer. In Our
Enemy, the State he explains the anti-social, predatory
nature of the state, and draws a sharp distinction between government
as voluntarily acknowledged authority and the State. Nock in
turn influenced Frank Chodorov, who would influence young Murray
Rothbard. In his Fugitive
Essays, a collection of pro-market, anti-state political
and economic commentary, Chodorov attacks taxation as robbery.
IV.
Congenial Writings
While
not directly concerned with the subject of anarcho-capitalism
and written by less-than-radical libertarian or even non-libertarian
authors, the following are invaluable for a profound understanding
of liberty, natural order, and the state.
John
V. Denson's The
Costs of War is a collection of essays by a distinguished
group of libertarian and paleo-conservative scholars from various
disciplines. Exposes the aggressive nature of the state. Possibly
the most powerful anti-war book ever. Also to be recommended
is Denson's collection Reassessing
the Presidency on the growth of state power.
David
Gordon's Secession,
State, and Liberty is a collection of essays by contemporary
philosophers, economists, and historians in defense of the right
to secession.
Friedrich
A. Hayek, Law,
Legislation, and Liberty, Vol. I, is an important study
on the "spontaneous" evolution of law, and the distinction of
law versus legislation and between private and public law.
Bertrand
de Jouvenel, On
Power, is an outstanding account of the growth of state
power, with many important insights concerning the role of the
aristocracy as defender of liberty and mass democracy as a promoter
of state power. Related, and likewise to be recommended is his
Sovereignty.
Étienne
de la Boétie, The
Politics of Obedience, is the classic 16th-century
inquiry into the source of government power. La Boétie shows
that the state's power rests exclusively on public "opinion."
By implication, every state can be made to crumble – instantly
and without any violence – simply by virtue of a change in public
opinion.
Bruno
Leoni, Freedom
and the Law, is an earlier and in some regards superior
treatment of topics similar to those discussed by Hayek. Leoni
portrays Roman law as something discovered by independent judges
rather than enacted or legislated by central authority – and
thus akin to English common law.
Robert
Nisbet, The
Quest for Community (formerly published under the more
descriptive title Community and Power) explains the protective
function of intermediate social institutions, and the tendency
of the state to weaken and destroy these institutions in order
to gain total control over the isolated individual.
The
Journal of Libertarian Studies. An Interdisciplinary Quarterly
Review, founded by Murray N. Rothbard and now edited
by Hans-Hermann Hoppe, is an indispensable resource for any
serious student of anarcho-capitalism and libertarian scholarship.
The
following JLS articles are most directly concerned with
anarcho-capitalism.
Anderson,
Terry, and P.J. Hill, The
American Experiment in Anarcho-Capitalism, 3, 1.
Barnett,
Randy E., Whither
Anarchy? Has Robert Nozick Justified the State?, 1,1.
------,
Toward
a Theory of Legal Naturalism, 2, 2.
Benson,
Bruce L., Enforcement
of Private Property Rights in Primitive Societies, 9,1.
-----,
Customary
Law with Private Means of Resolving Disputes and Dispensing
Justice, 9,2.
-----,
Reciprocal
Exchange as the Basis for Recognition of Law, 10, 1.
-----,
Restitution
in Theory and Practice, 12, 1.
Block,
Walter, Free
Market Transportation: Denationalizing the Roads, 3, 2.
-----,
Hayek's
Road to Serfdom, 12, 2.
Childs,
Roy A. Jr., The
Invisible Hand Strikes Back, 1,1.
Cuzan,
Alfred G., Do
We Ever Really Get Out Of Anarchy?, 3, 2.
Davidson,
James D., Note
on Anarchy, State, and Utopia, 1, 4.
Eshelman,
Larry, Might
versus Right, 12, 1.
Evers,
Williamson M., Toward
a Reformulation of the Law of Contracts, 1, 1.
------,
The
Law of Omissions and Neglect of Children, 2, 1.
Ferrara,
Peter J., Retribution
and Restitution: A Synthesis, 6, 2.
Fielding,
Karl T., The
Role of Personal Justice in Anarcho-Capitalism, 2, 3.
Grinder,
Walter E., and John Hagel, III, Toward
a Theory of State Capitalism, 1, 1.
Hart,
David M., Gustave
de Molinari and the Anti-Statist Liberal Tradition, 3 parts,
5, 3 to 6, 1.
Hoppe,
Hans-Hermann, Fallacies
of Public Goods Theory and the Production of Security, 9,
1.
------,
Marxist
and Austrian Class Analysis, 9, 2.
------,
The
Private Production of Defense, 14, 1.
Kinsella,
N. Stephan, Punishment
and Proportionality, 12, 1.
------,
New
Rationalist Directions in Libertarian Rights Theory, 12,
2.
------,
Inalienability
and Punishment, 14, 1.
Liggio,
Leonard P., Charles
Dunoyer and French Classical Liberalism, 1, 3.
Mack,
Eric, Voluntaryism:
The Political Thought of Auberon Herbert, 2, 4.
McElroy,
Wendy, The
Culture of Individualist Anarchism in Late 19th-Century America,
5, 3.
McGee,
Robert W., Secession
Reconsidered, 11, 1.
Osterfeld,
David, Internal
Inconsistencies in Arguments for Government: Nozick, Rand, Hospers,
4, 3.
------,
Anarchism
and the Public Goods Issue: Law, Courts, and the Police,
9, 1.
Paul,
Jeffrey, Nozick,
Anarchism, and Procedural Rights, 1, 4.
Peden,
Joseph R., Property
Rights in Celtic Irish Law, 1, 2.
Peterson,
Steven A., Moral
Development and Critiques of Anarchism, 8, 2.
Raico,
Ralph, Classical
Liberal Exploitation Theory, 1, 3.
Rothbard,
Murray N., Robert
Nozick and the Immaculate Conception of the State, 1, 1.
------,
Concepts
of the Role of Intellectuals in Social Change Toward Laissez
Faire, 9, 2.
------,
Nations
by Consent: Decomposing the Nation-State, 11, 1.
Sanders,
John T., The
Free Market Model versus Government: A Reply to Nozick,
1, 1.
Smith,
George H., Justice
Entrepreneurship in a Free Market, 3, 4 (with comments by
Steven
Strasnick, Robert
Formani and Randy
Barnett and a reply
by Smith, in the same issue).
Sneed,
John D., Order
without Law: Where will Anarchists Keep the Madmen?, 1,
2.
Stringham,
Edward, Market
Chosen Law, 14, 1.
Tinsley,
Patrick, Private
Police: A Note, 14,1.
Watner,
Carl, The
Proprietary Theory of Justice in the Libertarian Tradition,
6, 34.