Samuel Edward Konkin III (July 8, 1947 – February 23, 2004), also known as SEK3, was a Canadian-American libertarian writer. As the author of the publication New Libertarian Manifesto, he was a proponent of a political philosophy he named agorism.
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👉 Agorism in the context of Informal sector
An informal economy (informal sector or grey economy) is the part of any economy that is neither taxed nor monitored by any form of government. Although the informal sector makes up a significant portion of the economies in developing countries, it is sometimes stigmatized as troublesome and unmanageable. However, the informal sector provides critical economic opportunities for the poor and has been expanding rapidly since the 1960s. Integrating the informal economy into the formal sector is an important policy challenge.
In many cases, unlike the formal economy, activities of the informal economy are not included in a country's gross national product (GNP) or gross domestic product (GDP). However, Italy has included estimates of informal activity in their GDP calculations since 1987, which swells their GDP by an estimated 18% and in 2014, a number of European countries formally changed their GDP calculations to include prostitution and narcotics sales in their official GDP statistics, in line with international accounting standards, prompting an increase between 3-7%. The informal sector can be described as a grey market in labour. Other concepts that can be characterized as informal sector can include the black market (shadow economy, underground economy), agorism, and System D. Associated idioms include "under the table", "off the books", and "working for cash".
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Agorism in the context of Free-market anarchist
Market anarchism is the branch of anarchism that advocates a free-market economic system based on voluntary interactions without the involvement of the state; a form of individualist anarchism.
Due to contending definitions of the terms 'markets' and 'capitalism' which are not used by free-market anti-capitalists, anarcho-capitalism has been referred to synonymously as "free-market anarchism," but the ideologies differ significantly. The Center for a Stateless Society (C4SS), which Kevin Carson is associated with, is one such group of free-market anti-capitalists. As is Samuel Edward Konkin III's agorism, a tendency associated with left-libertarianism.
Agorism in the context of Counter-economics
Counter-economics is an economic theory and revolutionary method consisting of direct action carried out through the black market or the gray market. As a term, it was originally used by American libertarian activists and theorists Samuel Edward Konkin III and J. Neil Schulman. The former defined it as the study or practice "of all peaceful human action which is forbidden by the State".
The term is short for counter-establishment economics and may also be referred to as counter-politics. Counter-economics was integrated by Schulman into Konkin's doctrine of agorism, a left-libertarian social philosophy and branch of market anarchism that advocates creating a society in which all relations between people are voluntary exchanges.