We sit at the precipice of the failure of state interventionism. Contrary to the rhetorical flare with which the two factions of the mainstream hurl at each other, we live neither in a free market world, nor a socialist one. Ours is the age of interventionism— not only economically, but socially and militarily as well.
But what comes next? If interventionist statism, and the culture that flows from it, are on a trajectory of disaster then are the “ideas” —such as they are— of Alexandria Ocasio-Cortez to replace old? Is true socialism the inevitable future that will be born at the death of capitalism? While Marx held that socialism was the true and determined successor, we Misesians understand that history is a product of human action. And humans act under the influence of the ideas they hold.
Thus, our battle is over ideas and it is not yet lost, but it has still to be won. We operate under what Rothbard refers to as the “eternal struggle between power and market.”
The premier socialist publication Jacobin recently indicated in their end of 2018 email that “it’s the best time to be a socialist in the United States since the 1970s.” Why is this? Because interventionism is failing. As Mises once observed, socialists— true socialists, not left interventionists a la Elizabeth Warren— also oppose interventionism; they know it cannot “work.” And thus, at the precipice, the socialist sees opportunity.
The Austro-Libertarian edifice is the true antidote to both the devastation of interventionism and the terrors of socialism. We recognize that the state has failed to “manage capitalism,” to “plan for freedom.” And yet, we are resolute in our position that only liberty grounded in private property rights can bring us forward to more prosperous and civilized ages.
We envision a quarterly printed publication that covers a broad range of subjects as can be seen in the Table of Contents— economic theory, political and legal theory, social frameworks, history, and so much more. Our economics, which we hold as a value-free science, are Austrian; or more specifically, Mengerian, Böhm-Bawerkian, and Misesian. Our political theory is rights-based; Libertarian in the Rothbardian, Hoppean, anarcho-capitalist strain. We are adherents to a system of thought, rigorous and precise.
This magazine exists, in its own small and audacious way, to contribute to the Cause. Capitalism has bestowed upon the west a certain standard of living that would regress magnificently under socialism and it is up to us to fight for the return of freedom. We wage our battle in the realm of ideas, working to win the hearts and minds of those who seek to understand the profound contributions of liberty.