On Larken Rose: The “Economics” the Left “Doesn’t Understand” Gets Dumber Every Day

Source: Center for a Stateless Society
by Kevin Carson

“[I]n fairness to Rose, this logic fail is one he shares with virtually all right-libertarian polemicists. These people will deny that businesses whose profits result from state subsidies, protections, or artificial property rights exemplify ‘real capitalism’ — and then turn around and celebrate as an ‘accomplishment of capitalism’ a product like the iPhone, created by a corporation whose entire profit model depends on intellectual property, government subsidies, and neoliberal foreign policy. … all of the things Rose celebrates came into being because of investments from people with a ‘crap ton of money’ in the same sense that everything people consumed in the USSR came into being because of state-owned industry and Gosplan.” (08/03/26)

https://c4ss.org/content/61260