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The Machinery of Freedom: Guide to a Radical Capitalism
 
 
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The Machinery of Freedom: Guide to a Radical Capitalism [Paperback]

David Friedman (Author)
4.3 out of 5 stars  See all reviews (26 customer reviews)

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Book Description

April 19, 1989
This book argues the case for a society organized by private property, individual rights, and voluntary co-operation, with little or no government. David Friedman's standpoint, known as 'anarcho-capitalism', has attracted a growing following as a desirable social ideal since the first edition of The Machinery of Freedom appeared in 1971. This new edition is thoroughly revised and includes much new material, exploring fresh applications of the author's libertarian principles.

Among topics covered: how the U.S. would benefit from unrestricted immigration; why prohibition of drugs is inconsistent with a free society; why the welfare state mainly takes from the poor to help the not-so-poor; how police protection, law courts, and new laws could all be provided privately; what life was really like under the anarchist legal system of medieval Iceland; why non-intervention is the best foreign policy; why no simple moral rules can generate acceptable social policies -- and why these policies must be derived in part from the new discipline of economic analysis of law.


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Product Details

  • Paperback: 288 pages
  • Publisher: Open Court Publishing Company; 2 edition (April 19, 1989)
  • Language: English
  • ISBN-10: 0812690699
  • ISBN-13: 978-0812690699
  • Product Dimensions: 8.8 x 6 x 0.8 inches
  • Shipping Weight: 14.4 ounces (View shipping rates and policies)
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (26 customer reviews)
  • Amazon Best Sellers Rank: #306,226 in Books (See Top 100 in Books)

More About the Author

I am an academic economist currently employed as a law professor, although I have never taken a course for credit in either field. My specialty, insofar as I have one, is the economic analysis of law, the subject of my book _Law's Order_.

In recent years I have created and taught two new law school seminars at Santa Clara University. One was on legal issues of the 21st century, discussing revolutions that might occur as a result of technological change over the next few decades. Interested readers can find its contents in the manuscript of _Future Imperfect_, linked to my web page. Topics included encryption, genetic engineering, surveillance, and many others. The other seminar, which I am currently teaching, is on legal systems very different from ours. Its topics included the legal systems of modern gypsies, Imperial China, Ancient Athens, the Cheyenne Indians, ... . My web page has a link to the seminar web page.

I have been involved in recreational medievalism, via the Society for Creative Anachronism, for over thirty years. My interests there include cooking from medieval cookbooks, making medieval jewelery, telling medieval stories around a campfire creating a believable medieval islamic persona and fighting with sword and shield.

My involvement with libertarianism goes back even further. Among other things I have written on the possibility of replacing government with private institutions to enforce rights and settle disputes, a project sometimes labelled "anarcho-capitalism" and explored in my first book, _The Machinery of Freedom_, published in 1972 and still in print.

My most recent writing project is my first novel, _Harald_. Most of my interests feed into it in one way or another, but it is intended as a story, not a tract on political philosophy, law or economics. It is not exactly a fantasy, since there is no magic, nor quite a historical novel, since the history and geography are invented. The technology and social institutions are based on medieval and classical examples, with one notable exception.

 

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63 of 65 people found the following review helpful:
5.0 out of 5 stars Anarcho-capitalism for everyone!, December 17, 1999
This review is from: The Machinery of Freedom: Guide to a Radical Capitalism (Paperback)
While I am more of a rights based anarchist, I can appreciate utilitarian arguments against government. No one does a better job at presenting a utilitarian case for anarchism than David Friedman does in this masterpiece. Not only is Machinery of Freedom intellectually acute and persuasive, it is also a humorous and easy read for the lay person interested in libertarian thought.

This book touches quite a bit on the issues that most libertarian anarchists find difficult to deal with, such as national defense and polycentric law. A good critique of government education is also offered as well as a two part section on monopolies. As a seasoned libertarian, I most enjoyed the postscript, which focuses on more advanced topics like private currency, law and econ, and anarchist politics.

In sum, I highly recommend this book to anyone interested in anarcho-capitalism, from those new to political philosophy to well versed freedom fighters.

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39 of 42 people found the following review helpful:
5.0 out of 5 stars Probably the best book on anarcho-capitalism there is, June 24, 1998
By 
Ananda Gupta (Columbia, MD United States) - See all my reviews
(REAL NAME)   
This review is from: The Machinery of Freedom: Guide to a Radical Capitalism (Paperback)
Once in a while, one reads a truly extraordinary book. The Machinery of Freedom qualifies for a variety of reasons: its intellectual rigor and honesty, and its fearlessness in asking tough questions.

Friedman's distrust of intellectual orthodoxy and his distaste for complacency come through everywhere, as he systematically sketches out his ideas about the society he thinks would leave the vast majority of the world's inhabitants better off. Not infinitely better off -- there are no utopian dreams here -- but materially and spiritually better off.

Central to Friedman's thought is the notion that governments are finite, constrained institutions like any others -- hardly the infallible entities for which we simply design outcomes. Whenever someone says 'There's a case for government intervention here,' the implicit assumption is that the intervention will be done flawlessly and properly. That's not always, or even often, the case -- intervention has to be viewed as a tradeoff. If it makes little sense to assume that there are perfect markets, then it makes even less sense to assume that there are perfect governments. Friedman makes a convincing case that we should rarely, if ever, expect government to produce better outcomes than the market does, simply because of the different incentives those two processes present individuals.

I am not entirely persuaded by Friedman's argument, but I would be hard-pressed to give a good reason therefor. That means I am not thinking clearly, which is hardly Friedman's fault. At the risk of sounding redundant, I can't recommend this book highly enough.

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26 of 27 people found the following review helpful:
5.0 out of 5 stars Entertaining systematic treatise on a government free world., April 11, 1997
By A Customer
This review is from: The Machinery of Freedom: Guide to a Radical Capitalism (Paperback)
So what would happen if we threw an election and nobody came? That is the central theme of David Friedman's book The Machinery of Freedom." While it not hard to find libertarians shooting the wounded by attacking easy targets like the post office or the sugar quota, it is rare to find someone who advocates dismantling all government functions. It is even rarer to find someone who does it coherently. Friedman is both of these things. Friedman presents a utilitarian case for anarchy, or as he refers to it, "anarcho-capitalism." Anarcho-capitalism is essentially a society that not only respects property rights, but has no government. If the two seem to be mutually exclusive, you have not read the book. Friedman slaughters the fallacy that since certain government services (police, fire department, etc) are essential, they must be provided by the government. As a teacher of mine once put it "he throws a monkey wrench into the sacred cow." After reading the Machinery of Freedom, you will wonder why you didn't think like this all along. Steve Frenc
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Inside This Book (learn more)
First Sentence:
The concept of our property is fundamental to our society, probably to any workable society. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
jitney transit, libertarian foreign policy, legitimized coercion, unanimous contract, fiat system, private protection agencies, arbitration agencies, libertarian society, fractional reserve system, private post offices, artificial monopoly, libertarian principles, libertarian party, interventionist foreign policy, libertarian ideas, many libertarians
Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, Soviet Union, United States, World War, Dawn Defense, American Express, Miss Rand, Standard Oil
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