What branch of capitalism was founded by the author of The Mystery of Banking?
Murray Rothbard Murray Newton Rothbard ( ; March 2, 1926 – January 7, 1995) was an American economist, philosopher, political theorist, and historian. He was a heterodox economist of the Austrian School, a historian, and a political theorist whose writings and personal influence played a seminal role in the development of modern libertarianism. Rothbard was the founder and leading theoretician of anarcho-capitalism, a staunch advocate of historical revisionism, and a central figure in the twentieth-century American libertarian movement. He wrote over twenty books on political theory, revisionist history, economics, and other subjects. Rothbard asserted that all services provided by the "monopoly system of the corporate state" could be provided more efficiently by the private sector and wrote that the state is "the organization of robbery systematized and writ large." He called fractional-reserve banking a form of fraud and opposed central banking. He categorically opposed all military, political, and economic interventionism in the affairs of other nations. According to his protégé Hans-Hermann Hoppe, "There would be no anarcho-capitalist movement to speak of without Rothbard."
Social ecology Social ecology is a critical social theory founded by American anarchist and libertarian socialist author Murray Bookchin. Conceptualized as a critique of current social, political, and anti-ecological trends, it espouses a reconstructive, ecological, communitarian, and ethical approach to society. This version advocates a reconstructive and transformative outlook on social and environmental issues, and promotes a directly democratic, confederal politics. As a body of ideas, social ecology envisions a moral economy that moves beyond scarcity and hierarchy, toward a world that reharmonizes human communities with the natural world, while celebrating diversity, creativity and freedom. Bookchin suggests that the roots of current ecological and social problems can be traced to hierarchical modes of social organization. Social ecologists claim that the systemic issue of hierarchy cannot be resisted by individual actions alone such as ethical consumerism but must be addressed by more nuanced ethical thinking and collective activity grounded in radically democratic ideals. The complexity of relationships between people and nature is emphasized, along with the importance of establishing more mutualistic social structures that take account of this.