by What would an anarcho-capitalist America run on lines imagined by Rothbard or Hoppe look like? We have their vision described here, here, and here.On the one hand, it would be an economic catastrophe, as the mixed capitalist economy that has been the foundation of US prosperity since the 1940s would be destroyed, and a depression would ensure. As all barriers to trade and capital movement would be removed, the collapse of manufacturing and industry would be accelerated as free trade under absolute advantage would implode the US. Even worse, as any effective national borders were dismantled, there would be a tidal wave of mass immigration from the Third World, which would destroy the demographic and cultural cohesion of America. Those owners of any big business and industry left would also happily bring in millions of cheap, foreign and easily exploitable labour from the Third World to smash wages and labour rights and make themselves internationally competitive. Given the fact that there would be no US national government concerned with national security, hostile foreign governments like China or the Arab Gulf States would be able to buy up vast real estate, property and national assets, and then import millions of their own people, which would reduce vast areas of America to colonies of China or Saudi Arabia.
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Lord Keynes considers the following as important: The Anarcho-Capitalist Vision for America
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We have their vision described here, here, and here.
On the one hand, it would be an economic catastrophe, as the mixed capitalist economy that has been the foundation of US prosperity since the 1940s would be destroyed, and a depression would ensure. As all barriers to trade and capital movement would be removed, the collapse of manufacturing and industry would be accelerated as free trade under absolute advantage would implode the US.
Even worse, as any effective national borders were dismantled, there would be a tidal wave of mass immigration from the Third World, which would destroy the demographic and cultural cohesion of America.
Those owners of any big business and industry left would also happily bring in millions of cheap, foreign and easily exploitable labour from the Third World to smash wages and labour rights and make themselves internationally competitive.
Given the fact that there would be no US national government concerned with national security, hostile foreign governments like China or the Arab Gulf States would be able to buy up vast real estate, property and national assets, and then import millions of their own people, which would reduce vast areas of America to colonies of China or Saudi Arabia. As in Europe, whole areas would be gradually lost to segregated and fundamentalist Islamic communities, deeply hostile to the culture around them.
The result would be increasingly isolated, militarised gated communities of wealthy Americans, surrounded by a sea of Third World poverty, economic collapse, crime, drug cartels, violence, social collapse, intercommunal violence, and then civil war.
Despite Hoppe’s pathetic attempts to deny that this would be the outcome as described here, that is clearly what we can expect to see.
In short: anarcho-capitalism would mean economic and national suicide for America, or indeed for any other First World country where it was implemented.
I imagine this is why many American libertarians are abandoning libertarianism, as the evidence in my post here seems to suggest, and converting to the Alt Right.
The reason? I think it is fairly obvious: many of them realise that the anarcho-capitalist vision for America would result in exactly what I have described above, and they have no alternative political movement to fall back on.