What Is Debt Anyway? A

[a] Great Embarrassing Fact… Haunts All Attempts To Represent The Market As The Highest Form Of Human Freedom: That Historically, Impersonal, Commercial Markets Originate In Theft.

Now, We're Used To Thinking Of Communism As Being Once-upon-a-time-all-things-were-owned-in-common, Maybe-someday-this-will-come-again. And People Agree That There Is A Sort Of Epic Narrative Going On Here. I Think We Should Just Throw This Narrative Out, It's Irrelevant Anyway, And Who Cares Who Owns Things? I Don't. You Know, We All Own The White House. So What? I Still Can't Go In, Right?

Adam Smith Actually Took All His Best Ideas And Lines From Sources From Medieval Persia. But One Thing He Doesn't Take Is The Underlying Assumption They Have That The Basis Of A Market Is Mutual Aid.

The Example Of Russia Reminds Us That Keeping Up That Enormous Dead Weight Of The Security Apparatus Required To Enforce The Ideological Conformity To Preempt Anything That Looks Like An Alternative Or A Social Movement Is Destroying Capitalism.

There Are Markets Extending From Mali, Indonesia, Way Outside The Purview Of Any One Government Which Operated Under Civil Laws, So Contracts Weren't, Except On Trust. So They Have This Free Market Ideology The Moment They Have Markets Operating Outside The Purview Of The States, As Prior To That Markets Had Really Mainly Existed As A Side Effect Of Military Operations.