Skip to content
EntityQ794774· pop 9· linked from 280 articles

Counter-economics

Sign in to save

Counter-economics is an economic theory and revolutionary method consisting of direct action carried out through the black market or the gray market. As a term, it was originally used by American libertarian activists and theorists Samuel Edward Konkin III and J. Neil Schulman. The former defined it as the study or practice "of all peaceful human action which is forbidden by the State".

~4 min read

Encyclopedic overview

8 sections
Contents
  • Origins
  • Relationship with agorism
  • Strategy
  • Vertical or introverted
  • Horizontal or extroverted
  • See also
  • References
  • External links

Counter-economics is an economic theory and revolutionary method consisting of direct action carried out through the black market or the gray market. As a term, it was originally used by American libertarian activists and theorists Samuel Edward Konkin III and J. Neil Schulman. The former defined it as the study or practice "of all peaceful human action which is forbidden by the State".

The term is short for counter-establishment economics and may also be referred to as counter-politics. Counter-economics was integrated by Schulman into Konkin's doctrine of agorism, a left-libertarian social philosophy and branch of market anarchism that advocates creating a society in which all relations between people are voluntary exchanges.

Excerpted from Wikipedia’s “Counter-economics” article, available under the CC BY-SA 4.0 licence.