David Friedman, The Machinery of Freedom. Chapters 2.14-2.16

I have posted a few more chapters of Mechanics of Freedom.

Creeping Capitalism. The author notes the success of the socialists’ tactic of stealing a well-sounding word, liberalism__, and calling themselves liberals. He then suggests using the same tactic: to stop fighting socialism and start improving it, to the point where it becomes completely indistinguishable from true classical liberalism.

If you need it, just buy it. Here, Friedman provides simple calculations showing that there are no reasons why workers, within the existing order in the USA, could not provide themselves with full socialist worker self-management if they actually needed it—simply by buying their companies using their own salaries. This would require far fewer resources than a bloody socialist revolution.

Scarce means exhaustible. In this chapter, Friedman notes that one should not confuse the economic term “scarce resources” with the everyday understanding of the word “rare.” He examines in detail why, in an era of full automation, the prerequisites for the disappearance of the institution of property will nevertheless not arise, regardless of how much our left-anarchist friends might wish otherwise.

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