Left-Libertarian Economics: Response to Carson

Kevin Carson was good enough to drop by and comment on my posts about his book, Studies in Mutualist Political Economy (here and here). I copy the comments below with my responses: (Kevin) Thanks again, Jason. In general, I don’t think any paradigms are falsifiable; you can add epicycles to anything. And I think a [...]

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Left-Libertarian Economics’ Critique of Capitalism: Part Three

In my last look at left-libertarian economics, I argued that Kevin Carson’s resurrection of the Labor Theory of Value adds no new information to standard, neoclassical price theory. Carson wishes to disapprove morally of profits but does not show that capitalists add nothing to the value of production. In particular, Carson acknowledges that capitalists contribute [...]

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Left-Libertarian Economics as a Degenerative Paradigm: Part Two

In this post, I continue my series on left-libertarian economics by examining Kevin Carson’s arguments for the labor theory of value (LTV) in Studies in Mutualist Political Economy. I argue that this is one area in which left-libertarian economics does represent a degenerative research program, that is, a body of scientific theories that protects itself [...]

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Is Left-Libertarian Economics a Degenerative Paradigm? Part One

“Left-libertarianism” can be defined in one of at least three ways. It can refer to “liberaltarianism,” a tactical stance and set of policy positions combining a substantially libertarian thrust with a preference for making alliances with the modern center-left. It can refer to a revisionist philosophical movement that differs from Robert Nozick’s entitlement theory of [...]

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