Studies in Mutualist Political Economy (2004)

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Studies in Mutualist Political Economy (2004)

By Kevin A. Carson



Part One–Theoretical Foundations: Value Theory


  • A. Statement of the Classical Labor Theory of Value
  • B. Vulgar Political Economy, Marginalism, and the Issue of Ideological Motivation
  • C. The Marginalists versus Ricardo
  • D. Exceptions to the Cost-Principle: The Classicals in Their Own Defense
  • E. Generality and Paradigms
  • F. The Marshallian Synthesis
  • G. Rothbard versus the Marshallian Synthesis
  • Notes

Chapter Two–A Subjective Recasting of the Labor Theory of Value

  • Notes

Chapter Three–Time Preference and the Labor Theory of Value

  • Notes

Part Two–Capitalism and the State: Past, Present and Future

Introduction–Exploitation and the Political Means

  • Notes

Chapter Four–Primitive Accumulation and the Rise of Capitalism

  • Introduction
  • A. The Expropriation of Land in the Old World
  • B. Political Preemption of Land in Settler Societies
  • C. Political Repression and Control in the Industrial Revolution
  • D. Mercantilism, Colonialism, and the Creation of the “World Market”
  • Conclusion: “The World We Have Lost”–And Will Regain
  • Appendix–On the “Necessity” of Primitive Accumulation
  • Notes

Chapter Five–The State and Capitalism in the “Laissez-Faire” Era

  • A. Tucker’s Big Four: Absentee Landlordism
  • B. Tucker’s Big Four: The Money Monopoly
  • C. Tucker’s Big Four: Patents
  • D. Tucker’s Big Four: Tariffs
  • E. Transportation Subsidies
  • Notes

Chapter Six–The Rise of Monopoly Capitalism

  • Introduction
  • A. Liberal Corporatism, Regulatory Cartelization, and the Permanent Warfare State
  • B. Power Elite Theory
  • C. Monopoly Capital and Super-Profits
  • D. Socialization of Costs as a Form of Cartelization
  • Notes

Chapter Seven–Monopoly Capitalism and Imperialism

  • Introduction
  • A. “Open Door Imperialism” Through the 1930s
  • B. The Bretton Woods System: Culmination of Open Door Empire
  • C. Export-Dependent Monopoly Capitalism (with Digression on Economy of Scale)
  • Notes

Chapter Eight–Crisis Tendencies

  • Introduction
  • A. Accumulation Crisis
  • B. Fiscal and Input Crises
  • C. Legitimation Crisis
  • D. Neoliberal Reaction and Political Repression
  • E. Built-in Limits to Effectiveness of Neoliberal Reaction
  • F. Neoconservatism as Attempted Defense Against Legitimation Crisis
  • G. The Frankfurt School: Fascism and the Abandonment of the Law of Value
  • H. Global Political Crisis of Imperialism
  • Notes

Part Three–Praxis

Chapter Nine: Ends and Means

  • A. Organizing Principles
  • B. Getting There
  • Notes


“Congratulations Kevin! What you have done is a real break-through. With IRON FIST you gave us the first real development of anarchist economics since the days of Tucker and Proudhon. Now with MUTUALIST ECONOMICS you have given us a larger systematic approach – a dialectical critique and synthesis of marxist, marginalist, rothbardian and trad anarcho economics which used to examine and critique contemporary society. No longer need anarchists look embarrassed when the subject of economics comes up and simply grasp at vulgar marxism or mumble about something written 150 years ago and has never been developed since. There is something here for all anarchists to learn from, and not just mutualists and individualists.”
Larry Gambone, Red Lion Press