The only hope for actually reducing the power of the state, therefore (he concluded), was to shoot for its complete elimination.
In his case, then, anarchism was a mere strategy for reducing the power of the state, which is a goal agreed with by his predecessors in the Austrian School. It was a mere tactic, not an actual goal he expected was possible to achieve. So in actuality he was more of a pragmatist than most give him credit for being.
That makes far more sense than complete elimination of the State.
Those who are always looking to eliminate regulations and governmental interference are just way too quick to forget why government interfered in the first place. An un-regulated market is just as dysfunctional as an overly regulated market. The capitalist mantra of "the market is always right" is the biggest lie perpetrated in the history of economics.
Capitalism flourishes when regulation is at a minimum; then capitalists can innovate and make magical things happen. But when they do flourish, they gain power. The problems come when they decide what to do with that power. Most will use it to further innovation and marketing. But some will use that power to crush their competitors through market manipulation, rather than innovation. That type of activity will un-balance and crush market innovation far worse than government intervention.
Capitalism is great; I'm a capitalist. But in it's purest form it's subject to corruption just as much as every other "ism". The art of government is finding the right mix of pure capitalism and market regulation to keep things moving forward and healthy. There are times when we de-regulate too much; which brought about 2008.
There are times where government intervention is too much, and it cripples markets.
We rarely get the mix "just right", but overall we do a decent job. I fully support the kinds of regulations that keep markets healthy and heading in directions that is best for the overall good of the market and the country.
I 100% oppose regulation that is punitive in nature, and seeks to punish business.
