Some forms of libertarian communism, such as insurrectionary anarchism, are strongly influenced by egoism and radical individualism, believing libertarian communism is the best social system for the realization of individual freedom. Some libertarian communists view libertarian communism as a way of reconciling the opposition between the individual and society.
Libertarian communism developed out of radical socialist currents after the French Revolution, but it was first formulated as such in the Italian section of the First International. The work of Peter Kropotkin took importance later as it expanded and developed pro-organizationalist and insurrectionary anti-organizationalist sections. To date, the best-known examples of libertarian communist societies were the anarchist territories during the Spanish Revolution and the Free Territory during the Russian Revolution.
I remember the occasion when a fellow graduate student at Columbia from Sweden wanted to take me downtown to a restaurant for a Swedish meal and introduced me to the Swedish drink aquavit. This was a restaurant at which this Swedish fellow had been getting aquavit all during Prohibition; they had been selling it to him. And this was just after the repeal of Prohibition. We went there and he asked them for some aquavit. They said, "Oh, no, we haven't gotten our license yet." And finally, he talked to them in Swedish and persuaded them to take us into the back where they gave us a glass of aquavit apiece. Now that shows the absurdity of it.
Prohibition was repealed in 1933 when I was 21 years old, so was a teenager during most of Prohibition. Alcohol was readily available. Bootlegging was common. Any idea that alcohol prohibition was keeping people from drinking was absurd. There were speakeasies all over the place. But more than that. We had this spectacle of Al Capone, of the hijackings, of the gang wars...
Anybody with two eyes could see that this was a bad deal, that you were doing more harm than good. In addition, I became an economist. And as an economist, I came to recognize the importance of markets and of free choice and of consumer sovereignty and came to discover the harm that was done when you interfered with them. The laws against drugs were passed in 1914, but there was no very great enforcement of it.
Image 10The Nolan Chart, created by American libertarian David Nolan, expands the left–right line into a two-dimensional chart classifying the political spectrum by degrees of personal and economic freedom (from Libertarianism)
Stossel's style combines reporting and commentary. It reflects a libertarian political philosophy and views on economics which are largely supportive of the free market. He began his journalism career as a researcher for KGW-TV, was a consumer reporter at WCBS-TV in New York City, and then joined ABC News as a consumer editor and reporter on Good Morning America. Stossel became an ABC Newscorrespondent, joining the weekly news magazine program 20/20, and later became a co-anchor. In October 2009, Stossel left ABC News to join the Fox Business Network. He hosted a weekly news show on Fox Business, Stossel, from December 2009 to December 2016. In 2019, Stossel launched StosselTV, an online channel distributed on social media. (Full article...)