Doherty - Radicals for Capitalism: a Freewheeling History of the Modern American Libertarian Movement

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Table of Contents

Praise for Radicals for Capitalism

Deftly sort[s] out the various competing strains of thought, the rise and fall of organizations and movements, and the complicated relationships between libertarians and their ideological rivals.

Chicago Sun-Times

[Doherty] presents a sympathetic picture of a movement that emerged as a significant force over the past half-century.... Doherty writes entertainingly about the movements infighting and schisms.... Dohertys book provides valuable background on the origins and development of ideas that have helped shape the world of today and tomorrow.

New York Post

An astute, entertaining history of thinkers as diverse as Ayn Rand and Milton Friedman, who both believed that the best government was the one that involved itself least in the life of its citizens.

Bloomberg.com

A serious look at the movement as well as an entertaining tell-all about the LPs movers and shakers, the book sheds light on an eccentric and misunderstood political party.... [I]f you want to grasp the intellectual root system of libertarianism I cant think of anything written remotely recently that comes close.

JONAH GOLDBERG, National Review

Those with a keen interest in the modern history of minimal government philosophy couldnt ask for a more comprehensive account than Dohertys... the encyclopedic volume would make a worthy addition to the collection of anyone who possesses some background in libertarian thought.... This is a really good book, a really important book, a fascinating book.

The Politico

Libertarian ideas have a long and rich tradition, which Doherty unearths, to great effect, weaving a narrative that carries the reader along... with its many sub-plots peopled with idiosyncratic dramatis personae of rebels with a cause.... It will surely succeed in its apparent task of becoming the definitive history of the modern libertarian movement.... [Doherty] has performed a great service to libertarians, and political scientists, as well as the interested public, in detailing the storied history of the freedom movement.

AntiWar.com

A massive, lively history....An appreciation of even the most gnarled branches of the ideological family tree.

Commentary

Modern libertarians see themselves as the loyal opposition to the totalitarian tendencies of centralized power, in an American tradition reaching back to the anti-Federalists. Dohertys astute history shows where that consensus comes from and where it fractures along personal, political and practical lines.... [C]onveys an insiders understanding in clear, confident prose.... Dohertys well-researched history avoids polemics in outlining a vital political orientation that cuts across the political spectrum.

Publishers Weekly

Fascinating characters fill Radicals for Capitalism.... Mr. Doherty, an able researcher and writer, has produced a book that is not just readable but enjoyable. Mr. Dohertys evident passion for his subject makes the book sparkle.

Washington Times

Radicals for Capitalism is going to be the standard history of the libertarian movement for years to come.And it tells a story libertarians can be proud of.

DAVID BOAZ, Cato Institute

Doherty recounts the history of this tension between ideological purity and necessary compromise in absorbing detail.... Radicals for Capitalism maintains its momentum, illuminating a quintessentially American story that has not yet found the audience it deserves. Dohertys fascinating and, indeed, freewheeling history reminds us that curmudgeonly people can shape the world, too.

The American

Doherty... has written what should be the standard intellectual history of libertarianism for many years to come. Most laymen can probably offer a reasonably accurate definition of libertarianisms core premises... [b]ut Dohertys history makes clear that libertarianism is a political philosophy anchored in a robust intellectual tradition. His examination of that tradition is both comprehensive and insightful.

City Journal

For Angela Keaton

Freedom Fighter, Wife

We must make the building of a free society once more an intellectual adventure, a deed of courage. What we lack is a liberal Utopia, a program which seems neither a mere defense of things as they are nor a diluted kind of socialism, but truly liberal radicalism which does not spare the susceptibilities of the mighty... which is not too severely practical and which does not confine itself to what appears today as politically possible.

F. A. Hayek

Western civilization is based upon the libertarian principle, and all its achievements are the results of the action of free men.

Ludwig Von Mises

Neither the origins nor the essential principles of free-market ideas have anything to do with a defense of any of the established regimes of the world. Quite the contrary, the ideas themselves speak for a fundamental transformation of the world.

Don Lavoie

Laissez-Faire was and is revolutionary, and we have come to fulfill the work begun by the martyrs who have gone before; we have come to complete and resuscitate the Revolution.

Murray Rothbard

The revolution in public opinion which this cause requires is not to be expected in a day, or perhaps in an age.

Albert Jay Nock

To work for libertarianismto oppose the growth of government and aid the liberation of the individualused to be an idealistic choice taken for purely idealistic reasons. Now it is an act of intelligent and almost desperate self-defense.

Robert Anton Wilson

For radicals to deny their own past is to insure their future defeat.

David DeLeon

INTRODUCTION

REVIVING AN AMERICAN RADICAL TRADITION

As the twenty-first century dawned, the most characteristic American government program of the twentieth centurySocial Securitywas on the ropes.

Social Security was wreathed in the highest-sounding motives and had become such a foundation stone of postNew Deal America that to speak ill of it had become the definition of political suicide. The program was designed to create unity, to ease suffering, to bind us all into one people. The policymakers behind Social Security took it upon themselves to manage the future and savings of all Americans intelligently and rationally But what they set in place was a system that would eventually bind the coming generations to promises they could not reasonably afford. It was, in other words, the foundational political program of the twentieth centurywell meaning, choice eliminating, and ignoring obvious secondary effects. And it was headed for failure.

A group of intellectuals and activists had long seen the need for an escape route from the Social Security system and had offered a solution two decades before most American politicians or citizens realized that a crisis was coming.The Cato Institute was a think tank for libertarian intellectuals and publicists, named after a pair of American revolutionary-era pamphleteers who wrote of inalienable rights and human liberty under the pseudonym Cato (an act of anonymous political speech also largely restricted by modern government under the guise of campaign finance laws).

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