Reisman’s critique of Piketty, from beginning to end, is nothing but pronouncements of a priori Austrian dogma from Böhm-Bawerk and Mises, with no direct contact with reality outside the pages of their work at any point in the process. He makes dogmatic pronouncements about the role of capital investment in productivity without reference to actual technological history, about the effect of government spending on capital investment while having apparently paid no attention to the actual role of government in corporate state capitalism, and about the heroic role of corporate management with obviously zero awareness of how information flow and distributed knowledge work within corporate hierarchies.
The anarchist culture of scepticism towards power structures is key to human flourishing. On an individual level, this manifests in critically examining our everyday habits. Samuel Beckett reminds us that “the pernicious devotion of habit paralyses our attention, drugs those handmaidens of perception whose co-operation is not absolutely essential”. Our unwavering collective devotion to entrenched power structures paralyses society, and blinds us to the evils that plague it. Embrace change and the possibility it provides.
Market anarchists, like all anarchists, start from the assumption of ordinary people encountering each other as equals, and deciding without coercion how best to work together to meet their mutual needs. This may be by exchanging the products of their labor, by producing cooperatively or by sharing. The main thing, as anarchist David Graeber has argued, is that whatever forms of organization emerge will do so through an open-ended process of interaction among equals, in which no party can call on armed force to compel others to obey their will.