“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

"The Death of Politics", essay in Playboy (March 1969) http://fare.tunes.org/books/Hess/dop.html; also available in Hess's autobiography, Mostly on the Edge.

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Karl Hess 25
American journalist 1923–1994

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