According to the analysis, there are diverse perspectives related to the compatibility of market economy and anarchism due to its impacts on the society in relations to both optimistic and pessimistic perspectives. The supporters of ‘markets and anarchism are incompatible’ believe that market economy itself encourages private ownership of the means of production (Lipton et al. 1990, pp. 78). In other words, it means that factories, sweatshops and mills are all possessed by private owners. As system operates, the society is polarised in classes and the workers have to work for owners in exchange for wages. This operation creates a system where owners exercise different powers on the workers. Thus, workers are controlled by owners. In other words, there is no freedom or independence as suggested by anarchism philosophy.
In contrast, in this paragraph, the essay argues that anarchism and markets are compatible because they both have the belief that s...
... middle of paper ...
...uld initiate power and acting as controllers in this structure (Miller, 1984, pp.52). In fact, it seems that the elimination of control from government (Anarchism) and the elimination of regulations to transaction and free trade (market economy) complement each other effectively. Anarcho-Capitalism is an integration of crucial extreme freedom and self-determination with that of extreme economic freedom (Walicki, 1979, pp.54). At the beginning of the systems, market economy and anarchism commences with the theory of freedom for all individuals and; the principle that all types of government place on violence, and are thus immoral, destructive and pointless. The anarchism and market economy both focus on maximizing freedom for individuals by eliminating political power and violence. Thus, the essay strongly argues that market economy is compatible with anarchism.
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