Ask HN: What is your opinion of Crypto-anarchism and anarcho-capitalism?
http://en.wikipedia.org/wiki/Crypto-anarchism
http://en.wikipedia.org/wiki/Anarcho-capitalism
http://en.wikipedia.org/wiki/Crypto-anarchism
http://en.wikipedia.org/wiki/Anarcho-capitalism
The one obvious example of digital currency that was sympathetic to these ideas (e-Gold) has seen the error of their ways, paid some fines, and now acts like any other company dealing with payments and storing money. So, they're now just another also-ran PayPal competitor, I guess.
I'm not sure why they wouldn't be startup friendly...except that if you tried to execute on them as a startup, you'd end up on the wrong end of the law pretty quickly. So, I guess that makes them bad business for startups. Peter Thiel is known to be sympathetic to these kinds of ideas, and he's made his fortune in startups (including the already mentioned PayPal).
But, I just don't know that there's a lot of interesting conversation one can have on the subject. It's pretty well-covered ground from a technical perspective. The problems are political and legal, and those are things that we as hackers and entrepreneurs are generally poorly equipped to deal with.
I gladly support individuals using technology to defend themselves against or compete with larger organizations. That is very much in line with startups and underdogs in general.
But raw Anarco-Capitalism has never resonated with me -- it's such a narrow view of the world. Next time you run into a real A-C, ask them to explain how they would handle water rights, air pollution, a 70% rate of illiteracy, a pandemic, or a state of siege.
I didn't mean to imply that their system is broken, just that those questions are a good starting point to probe the A-C worldview, just as you'd ask a socialist about innovation versus personal reward.
My general objection is that absolute hostility to any coercive social structure is inefficient in the face of an external authoritarian or natural threat. It's not bad, not wrong, but possibly inefficient enough to be detrimental to the survival of the society as a unit.
To put it another way: Thoreau is compelling but he had the luxury of civil peace, plenty of land, good crops, and natural barriers to invasion. Where you stand depends largely on where you sit.
I would point out that historical societies that A-C theory studies, like medieval Iceland, the Celts, or the Wild West, tended to have few external threats and eventually lost out to other models of governance. Historical performance has to count for something.
Usually this stems from an arbitrary distinction between oppression of "the government" and oppression by a private party. When you make the (absurd) assumption that oppression can only come from the government, sure, it makes sense. However... well, it's an absurd assumption. At the end of the day, oppression is oppression (and the distinction between government and private enterprise gets awfully fuzzy in the kinds of worlds these so-called "anarcho-capitalists" envision anyway. If the police and the military are corporations, what's the difference?).
Libertarians (or "anarcho-capitalists") tend to put themselves in the rich person's shoes, so they glaze over the oppression part. Nobody is oppressing /them/ because in their ideal world they are, of course, filthy rich. They have only considered half of the equation...
In short, "It's okay for me to stomp on another's face as long as the government doesn't stomp on mine" is not anarchism in virtually every other sort of serious anarchist's view (and, IMO, is hardly an admirable world view regardless...).
We could discuss it further I suppose, but it's somewhat dull well-treaded material IMO. Anything about the definition of anarchism is up for debate of course, but completely un-checked capitalism certainly does not inherently result in a society that fits the criteria. What could possibly be anarchistic about a society full of wage slaves? That's certainly one likely outcome of such a society (note I'm not saying it /would be/ the outcome). Corporations can - and do - coerce every bit as much as the state does, if not more.
If you're an anarchist and not a socialist, fine. The term "individualist" works well. It's not the ideas of free markets and commerce, it's the /term/ capitalist. The word itself is pejorative. Anarchism is traditionally a leftist movement that came from the same kind of time and place as communism - "capitalists", the class, are the enemy, and exploit by definition. In the world of political discourse in which anarchism lives, If you call yourself a capitalist, you are essentially saying "I exploit others who actually do work as my source of income". You are NOT saying "I think free economic exchange is a good idea", which is probably what you actually mean to say. If you want to have serious discussion with anarchists, you can't call yourself a capitalist. All you will get is endless tirades about why you are not an anarchist, like this one. You might as well show up at a hard right think tank and call yourself a libertarian-stalinist.
You also hinted at the acceptance of individualist anarchists. Correct me if I'm wrong, but anarchists have no problem with the coexistence of different communities, each with their own flavor of anarchism. The difference between anarcho-"capitalists" and other individualist anarchists is not very large, and is one of degree. Once individualist anarchists are accepted, only semantic issues prevent the acknowledgment of these other anarchists.
But I agree with you that it's a big source of confusion for them to call themselves capitalists. It also doesn't help that some of them describe themselves as being right-wingers.
Anyone have any ideas on how to pull that off?