InspiringQuotes

Karl Hess Quotes:

Ocupation: Speechwriter

Life: May 25, 1923 - April 22, 1994

Birthday: May 25

Death: April 22

Laissez-faire capitalism, or anarchocapitalism, is simply the economic form of the libertarian ethic. Laissez-faire capitalism encompasses the notion that men should exchange goods and services, without regulation, solely on the basis of value for value. It recognizes charity and communal enterprises as voluntary versions of this same ethic. Such a system would be straight barter, except for the widely felt need for a division of labor in which men, voluntarily, accept value tokens such as cash and credit. Economically, this system is anarchy, and proudly so.

- Karl Hess

source: "The Death of Politics". Playboy Magazine, March 1969.

topic: Men, Laissez Faire Capitalism, Would Be, Laissez Faire

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