,NOTES ON ,AN>*I/ ,ECONOMICS 

,PEOPLE 3 

,AU?OR 3 ,IA9 ,MC,KAY 

,TEXT 3 

,AN>*ISM IS G5]ALLY NOT ASSOCIAT$ ) ECONOMICS4 ,!RE IS NO 0AN>*I/0 S*OOL ( ECONOMICS AS !RE >E 0,M>XI/10 0,KEYNESIAN0 & SO ON ONES4 ,?IS DOES NOT MEAN !RE >E NO AN>*I/ TEXTS ON ECONOMICS4 ,PR\DHON SPR+S TO M9D H]E1 ) HIS NUM]\S WORKS ON ! SUBJECT - ! ?REE VOLUMES ON PROP]TY 7MO/ FAM\S BE+ ! FIR/1 ,:AT IS ,PROP]TY87 & ! TWO VOLUMES ( ,SY/EM ( ,ECONOMIC ,CONTRADICTIONS 7( :I*1 ONLY ! FIR/ HAS BE5 TRANSLAT$7 - AS DOES ,KROPOTK91 ) HIS ,FIELDS1 ,FACTORIES & ,WORK%OPS4 ,H[EV]1 9 SPITE ( V>I\S IMPORTANT WORKS1 !RE IS NO WELL-E/ABLI%$ BODY ( WORK :I* CAN BE CALL$ AN>*I/ ECONOMICS4 

,!RE >E V>I\S REASONS = ?IS4 ,P>TLY1 IT IS DUE TO ! TYPICAL ISOLATION ( ! ,5GLI%-SPEAK+ MOVEM5T3 MANY WORKS :I* C\LD BE US$ TO CREATE AN AN>*I/ ECONOMICS HAVE NEV] BE5 TRANSLAT$ 9TO ,5GLI%4 ,P>TLY1 IT IS DUE TO AN UNDES]V$ S5SE ( 9F]IORITY3 TOO MANY AN>*I/S HAVE FOLL[$ ,M>XI/S BY TAK+ ,M>X'S ,! ,POV]TY ( ,PHILOSOPHY AS AN ACCURATE ACC\NT & HONE/ CRITIQUE ( ,PR\DHON'S IDEAS 7IT IS NEI!R1 AS ,I %[ 9 0,! ,POV]TY ( 7,M>X'S7 ,PHILOSOPHY10 ,AN>*O-,SYNDICALI/ ,REVIEW #g74 ,P>TLY1 IT IS DUE TO AN>*I/S BE+ - 9 ! MA9 - WORK+-CLASS PEOPLE :O (T5 DO NOT HAVE ! TIME OR RES\RCES TO DO ! NECESS>Y RESE>* - & MORE (T51 RI<TLY1 PREF] TO *ANGE ! WORLD ?AN 9T]PRET IT1 P>TICUL>LY GIV5 WE WI% TO 5D ! EXPLOITATION & OPPRESSION WE >E SUBJECT TO SOON] RA!R ?AN LAT]4 

,:AT W\LD AN>*I/ ECONOMICS BE8 ,!RE >E TWO DIFF]5T - IF SOME:AT 9T]RELAT$ - POSSIBILITIES4 

,FIR/1 & LEA/ IMPORTANT1 W\LD BE ! ECONOMICS ( AN AN>*I/ SOCIETY4 ,AS SU* A SOCIETY DOES NOT EXI/1 ?IS EXPLA9S :Y IT IS ! LEA/ IMPORTANT4 ,ADAM ,SMI? DID NOT SPECULATE AB\T M>KETS 9 !ORY1 HE DESCRIB$ !M BY OBS]V+ !IR WORK+S 7,I WRITE 0M>KETS0 RA!R ?AN 0CAPITALISM0 AS CAPITALISM - WAGE LABOR - WAS NOT EXT5SIVE :5 HE WAS WRIT+ & SO HE WAS DESCRIB+ AN ECONOMY M>K$ BY SUB/ANTIAL SELF-EMPLOY$ >TISANS & F>M]S - AN IDEAL :I* APPEAL$ TO ,SMI?74 ,SO1 9 ?IS S5SE1 ANY AN>*I/ ECONOMICS W\LD DEVELOP AS AN ACTUAL AN>*I/ SOCIETY DEVELOPS4 ,ATTEMPTS TO PRODUCE 9 DETAIL N[ H[ A LIB]T>IAN SOCIALI/ ECONOMY W\LD FUNCTION >E MISPLAC$4 ,ALL ?AT SY/EMS LIKE ,P>ECON CAN %[ IS ?AT C]TA9 NOTIONS 7SU* AS DETAIL$ PLANN+7 CANNOT & WILL NOT WORK - EV5 IF ITS ADVOCATES DO NOT SEEM TO RECOGNIZE ?IS4 

,SO ALL WE CAN DO IF SKET* G5]AL PR9CIPLES - SELF-MANAGEM5T1 SOCIO-ECONOMIC F$]ALISM1 ETC4 - & DISCUSS H[ T5D5CIES )9 CAPITALISM %[ !IR VALIDITY4 ,?IS IS IMPORTANT1 AS AN>*I/S DO NOT AB/RACTLY COMP>E ! GRIM REALITY ( CAPITALISM TO IDEAL VISIONS4 ,RA!R1 AS ,PR\DHON /RESS$ 7& ,KROPOTK9 PRAIS$ HIM =71 WE NE$ TO ANALYZE CAPITALISM TO UND]/& IT & TO EXPLORE ITS T5D5CIES - 9CLUD+ ?OSE T5D5CIES :I* PO9T BEYOND IT4 

,:I* BR+S US TO ! O!R1 MORE RELEVANT1 =M ( AN>*I/ ECONOMICS1 :I* W\LD BE ! ANALYSIS & CRITIQUE ( CAPITALISM4 ,! TWO >E 9T]RELAT$1 = :AT WE OPPOSE 9 CAPITALISM W\LD NOT EXI/ )9 AN AN>*I/ ECONOMY4 ,SO1 = EXAMPLE1 ,PR\DHON'S ANALYSIS ( EXPLOITATION AS OCCURR+ 9 PRODUCTION - BECAUSE WORK]S HAVE SOLD !IR LIB]TY TO ! BOSS :O KEEPS ! 0COLLECTIVE =CE0 & 0SURPLUS ( LABOR0 !Y CREATE - PO9TS LOGICALLY TO WORK]S' COOP]ATIVES 7SELF-MANAGEM5T7 AS ! BASIS ( A FREE ECONOMY4 ,UNSURPRIS+LY1 HE & SUBSEQU5T AN>*I/S OPPOS$ ASSOCIAT$ LABOR TO WAGE-LABOR4 

,H]E WE DO HAVE MU* TO BUILD ON4 ,PR\DHON'S ANALYSIS ( EXPLOITATION PR$ATES ,M>X'S NE>LY ID5TICAL ONE BY TWO DECADES - IRONICALLY 9 #ahdg ,M>X MOCK$ ! ,FR5*MAN = ADVOCAT+ :AT HE LAT] CAME TO ADVOCATE 9 #ahfg 7SEE MY 0,PR\DHON'S ,CON/ITUT$ ,VALUE & ! ,MY? ( ,LABOR ,NOTES10 ,AN>*I/ ,/UDIES #b#e3#a74 ,O!R 9SI<TS1 9CLUD+ ME?ODOLOGICAL ONES1 CAN BE DRAWN FROM HIS & ,KROPOTK9'S CONTRIBUTIONS - AL?\< MU* ( IT MAY NE$ TO BE TRANSLAT$ FIR/4 

,?IS DOES NOT MEAN WE CANNOT USEFUL DRAW UPON O!R S*OOLS4 ,M>X1 = ALL HIS FLAWS1 PROVID$ G5U9E 9SI<TS 9TO ! WORK+S ( CAPITALISM4 ,KEYNES MAY HAVE S\<T TO SAVE CAPITALISM FROM ITSELF1 BUT TO DO SO HE HAD TO UND]/& H[ IT WORKS & SO IS WOR? READ+4 ,! PO/-,KEYNESIAN S*OOL1 LIKEWISE1 HAS A SUB/ANTIAL AM\NT ( WORK :I* W\LD BE ( USE 9 CON/RUCT+ AN AN>*I/ ECONOMICS4 7,/EVE ,KE51 AU?OR ( ! EXCELL5T ,DEBUNK+ ,ECONOMICS1 IS A PO/-,KEYNESIAN47 ,?OSE S*OOLS ?AT HAVE BE5 DEVELOP$ - (T5 EXPLICITLY SO - TO DEF5D CAPITALISM 7SU* AS NEO-CLASSICALISM7 HAVE LITTLE TO (F]1 EXCEPT P]HAPS AS EXAMPLES ( :AT NOT TO DO4 

,:I* PO9TS TO ANO!R KEY ASPECT ( ANY AN>*I/ ECONOMICS3 AN UND]/&+ ( ! FLAWS ( O!R S*OOLS - P>TICUL>LY ! MA9/REAM NEO-CLASSICAL S*OOL4 ,IT %\LD HELP US SEE :5 WE >E BE+ LI$ TO OR :5 C]TA9 CONCLUSIONS >E BAS$ ON PREPO/]\S ASSUMPTIONS OR MODELS4 ,! SAME APPLIES TO ,M>XI/ ECONOMICS1 :I* ALL TOO (T5 WOEFULLY MIXES UP EMPIRICAL REALITY & EXPLANATORY CATEGORIES4 ,AS SU*1 IT W\LD PLAY A KEY ROLE 9 9TELLECTUAL SELF-DEF5SE4 

,! KEY ISSUE1 ?\<1 IS NOT TO CONFUSE UND]/&+ H[ CAPITALISM WORKS FROM A LIB]T>IAN P]SPECTIVE1 AN AN>*I/ ECONOMICS1 ) ! ECONOMICS ( AN AN>*Y4 ,SO AN AN>*I/ ECONOMICS 9 ?IS S5SE IS /ILL 9 ITS E>LY DAYS - EV5 AFT] OV] #ae YE>S6 - BUT !RE IS A F\NDATION !RE :I* CAN BE USEFULLY BUILT UPON4 ,! REAL QUE/ION IS1 H[ DO WE />T8 ,AS ,KROPOTK9 SUGGE/S1 BY BAS+ \R ANALYSIS ( EMPIRICAL EVID5CE RA!R ?AN ! AB/RACT MODEL BUILD+ ( NEOCLASSICAL ECONOMICS4 ,WE NE$ TO ROOT \R UND]/&+ ( CAPITALISM 9 ! REALITY ( CAPITALISM - & \R /RUGGLES AGA9/ IT4 

,?IS IS NO TRIVIAL TASK - BUT ONE :I* W\LD BE ( B5EFIT4 

,FROM 3 ,!,AN>*I/,LIBR>Y4ORG4 

,*RONOLOGY 3 
,FEBRU>Y #a#a1 #bba 3 ,NOTES ON ,AN>*I/ ,ECONOMICS -- ,ADD$4 
,JANU>Y #g1 #bbb 3 ,NOTES ON ,AN>*I/ ,ECONOMICS -- ,UPDAT$4 

 FILE G5]AT$ FROM 3  
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