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Description

Counter economics refers to non-coercive action in accordance with one's own subject value.

Discussion

The relevance of counter economics in governance is to act regardless of any public law. So long those actions are free and do not initiate aggression on others, they may be classified as counter-economic acts.

Counter economics is an answer to "establishment economics", meaning the manipulation of economic principles to benefit elitists and those of and connected to the state. Instead the scientism approach of establishment economics, counter-economics relies on praxeology and voluntary association. In fact, counter-economic action is directly in accordance with these concepts.

Implementation

The term was conceived by Samuel E Konkin III, who wrote suggestions on how one may peacefully go about pursuing their interests freely.

Some of Samuel E Konkin III's proposals include:

  • breaking down the access to information of those who coerce, including using privacy safeguards such as cryptography
  • using non-fiat money
  • always weight the risks against the benefits of each counter-economic act.

Further Resources

  • Samuel Edward Konkin III, Counter‑Economics: From the Back Alleys to the Stars (KoPubCo, 2018)