[nietzreznor]

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My point is that regardless of how the auctioning or seizure process worked, the owners of land or other means of production would (according to ACism) end up with the kind of power any medieval despot aspire to.

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I don't think this is a fair summarization; I know I'm not the only one who thinks that the workers could legitimately seize the property of all government entities and businesses that get the majority of their profit through statist coercion.