Capitalism, Anarchism, and Worker Control

The video discusses the distinction between capitalism and crony capitalism, arguing that the current system is more aligned with crony capitalism due to state influence and economic inequality. It suggests that worker-controlled enterprises could offer a more equitable and free market system. The video also touches on the psychological effects of wealth and power, advocating for a stateless society free from economic hierarchies.

What is the primary distinction between capitalism and crony capitalism according to market libertarians?

• Capitalism is state-controlled, while crony capitalism is not.

• Capitalism is based on private ownership, while crony capitalism involves state intervention to favor certain businesses.

• Capitalism is a form of socialism, while crony capitalism is a form of communism.

• Capitalism is about collective ownership, while crony capitalism is about individual ownership.

What is one reason capitalism 2 exists instead of capitalism 1?

• Capitalism 2 is a more ethical system than capitalism 1.

• Capitalism 1 is illegal in most countries.

• Capitalism 1 is more profitable than capitalism 2.

• Capitalism 1 naturally leads to the development of capitalism 2 due to class divisions.

What is a key condition that gives rise to the state, according to the video?

• Cultural diversity

• Political stability

• Economic inequality

• Economic equality

How do worker-controlled enterprises differ from traditional capitalist businesses?

• They lack internal class structures and are less likely to create economic elites.

• They are more susceptible to crony capitalism.

• They have a hierarchical structure.

• They are primarily state-owned.

What psychological tendency is more prevalent among high-level corporate executives?

• Introversion

• Psychopathic tendencies

• Empathy

• Altruism

What is the main argument for supporting worker-controlled enterprises?

• They are more profitable than traditional businesses.

• They prevent the development of economic elites who might rig the market.

• They require less government intervention.

• They are easier to manage.

Which theorist is known for advocating free market anti-capitalism?

• Karl Marx

• Adam Smith

• John Maynard Keynes

• Gary Chartier

What is the title of the book edited by Gary Chartier and Charles W. Johnson?

• Markets Not Capitalism

• Das Kapital

• Capitalism and Freedom

• The Wealth of Nations

What is the main focus of the essay 'Libertarian Class Analysis' by Sheldon Richmond?

• Promoting state intervention in the economy.

• Discussing the role of government in a free market.

• Understanding the pre-conditions that give rise to the state and deconstructing power hierarchies.

• Analyzing the benefits of crony capitalism.

What is the traditional anarchist symbol mentioned in the video?

• A hammer and sickle

• An A inside an O

• A star inside a circle

• A dollar sign