Page "Individualist anarchism" Paragraph 64

19th century individualist anarchists espoused the labor theory of value.

Some believe that the modern movement of anarcho-capitalism is the result of simply removing the labor theory of value from ideas of the 19th century American individualist anarchists: " Their successors today, such as Murray Rothbard, having abandoned the labor theory of value, describe themselves as anarcho-capitalists.

" As economic theory changed, the popularity of the labor theory of classical economics was superseded by the subjective theory of value of neo-classical economics.

According to Kevin Carson ( himself a mutualist ), " most people who call themselves " individualist anarchists " today are followers of Murray Rothbard's Austrian economics.