Glossary for the Reader Uninitiated in Political Economy


Anarcho-Mercantilism (see also: libertarians)

An intellectual current which, often subtly and even playfully, presents submission to the market as the incarnation of liberatory ideas brought to maturity. The market therefore appears as the victory of a type of anarchist ruse on the part of History, completing a peaceful synthesis of all social relations (economic, political, cultural, etc…) understood solely in terms of the particular individual (see methodological individualism). Leading the way in this current: Milton Friedman, James M. Buchanan, Gordon Tullock, Friedrich von Hayek—considered to be the great inspiration behind the ‘American Conservative Revolution’—or what we call the Neoliberal Counter-Reformation…