Libertarian socialism is an anti-authoritarian and anti-capitalist political current that emphasises self-governance and workers' self-management. It is contrasted from other forms of socialism by its rejection of state ownership and from other forms of libertarianism by its rejection of private property. Broadly defined, it includes schools of both anarchism and Marxism, as well as other tendencies that oppose the state and capitalism.
Mikhail Bakunin, leader of the libertarian socialist faction of the International Workingmen's Association
Russian anarchist militiamen marching in formation during the 1917 Revolution
Noam Chomsky, the most prominent advocate of libertarian socialism in the New Left
Anti-capitalism is a political ideology and movement encompassing a variety of attitudes and ideas that oppose capitalism. In this sense, anti-capitalists are those who wish to replace capitalism with another type of economic system, such as socialism or communism.
The "Pyramid of Capitalist System" cartoon made by the Industrial Workers of the World (1911) is an example of a socialist critique of capitalism and of social stratification.
Karl Marx, considered by many as one of the founding fathers of anti-capitalist thought
Emma Goldman famously denounced wage slavery by saying: "The only difference is that you are hired slaves instead of block slaves."
Capital: Critique of Political Economy, by Karl Marx, is a critical analysis of political economy, meant to reveal the economic laws of the capitalist mode of production.