Would Anarcho-Capitalism Be a Disaster?

Yaron Brook and Bryan Caplan debate the merits of anarcho-capitalism.

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Would Anarcho-Capitalism Be a Disaster?

Chairman of the Ayn Rand Institute Yaron Brook and George Mason University professor Bryan Caplan debate the resolution, "Anarcho-capitalism would definitely be a complete disaster for humanity."

Taking the affirmative is Brook, host of The Yaron Brook Show. He was the executive director of The Ayn Rand Institute from 2000 to 2017 and is now the chairman of the board. Brook has co-authored many books focused on capitalism and the benefits of free markets, including In Pursuit of Wealth: The Moral Case for Finance, Equal Is Unfair: America's Misguided Fight Against Income Inequality, and Free Market Revolution: How Ayn Rand's Ideas Can End Big Government. He was a columnist at Forbes and has been featured in the Wall Street Journal, USA Today, Investor's Business Daily, and more.

Caplan, a professor of economics at George Mason University, is taking the negative. He's The New York Times bestselling author of The Myth of the Rational Voter, Selfish Reasons to Have More Kids, The Case Against Education, and more. He writes for the Substack Bet On It, and has been published in The New York Times, Washington Post, Wall Street Journal, Reason, and more.

Comments

[Diane Reynolds (Paul.)]

Is this the debate where they both accidentally agree that it would be a disaster?

[Diane Reynolds (Paul.)]

You know, kind of how Noam Chomsky admitted in the 90s that he didn't really want Anarchism-anarchism?

[Bubba Jones]

Who enforces the contracts in anarcho-capitalism?

And if I have to enforce them myself, what’s the motivation to actually perform? I can just skip to the enforcement part.

I'm not listening to all that, but isn't the goal of A-C to have all the benefits of capitalism without the infrastructure that makes it actually possible?

[Diane Reynolds (Paul.)]

Who enforces the contracts in anarcho-capitalism?

I do. No, seriously, I do.

"Who said you wuz in charge?"

"Who gon' tell me I'm not?"

[NOYB2]

Who enforces the contracts in anarcho-capitalism?

Private organizations that look very much like governments. Unlike governments, membership is by mutual agreement and the willingness and ability to pay the membership fees (in lieu of taxes). Jurisdiction and enforcement depend on arrangements between those private organizations.

Rich people already have that today: you can buy yourself a citizenship and then buy yourself a residency somewhere else. Anarcho-capitalism just intends to make those arrangements cheaper and more widely available.

I’m not listening to all that, but isn’t the goal of A-C to have all the benefits of capitalism without the infrastructure that makes it actually possible?

No. It is to replace coercive/accidental political arrangements with voluntary private arrangements.

[TheReEncogitationer]

Yep, the Anarchist who was an apologist for every Totalitarian Communist regime on the Planet.

I wonder if his fans consider their fandom as "Manufactured Consent?"

[Naime Bond]

'....Mr Epstein, I do not think it's necessary to dignify that further question with an answer....'

[nobody 2]

The Chairman of the Ayn Rand Institute must really dislike "Atlas Shrugged."

[Earth-based Human Skeptic]

Meh. My betters told me all capitalism is a disaster.

[SRG2]

All political theories have embedded models of human behaviour - some explicitly so, others not.

So the only questions are, what is anarcho-capitalism's model, and is the model any good?

Carry on.

[Jefferson's Ghost]

Definitely a fun debate. That said, since the proponent of Anarcho-Capitalism seems to grant that it should/must be preceded by Miniarchism, perhaps we shouldn't put the cart before the horse. I would be very happy if the Federal government was based on minarchal philosophy.

[LIBertrans]

The whole point of anarcho-communism renaming itself to infiltrate the Libertarian party is to convince voters that a vote for a libertarian is a gateway vote for legalized murder and rule by deadly force wielded by artificial person corporations NOT beholden to any voters.

[LIBertrans]

The anarco-communist Yaron defeated is a faithful copy of "The Professor," the anarchist in a Joseph Conrad novel titled "The Secret Agent." Most anarcho-communist infiltrators are useless as anything except professors, attacking the LP from their ivory tower by infiltreason.

[Religion and Politics, my life]

Anybody disagree that if I showed that phrase to 20 neighbors there would be NO agreement on what it means.

Just lawyer-types showing how useless and foolish they are 🙂

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