In the 1970s and 1980s, he had an apartment in a building on 7th Street in Long Beach, California, as did several libertarian science fiction fans including J. Neil Schulman, Victor Koman, and others; because of this the small complex became nick-named the Anarcho-Village (a similar building in which Konkin had lived in Manhattan's Alphabet City neighborhood had been known as the Anarchoslum). During this time he was also close friends with Dana Rohrabacher, who later became a U. S. Congressman.
Konkin argued against voting, and specifically opposed involvement in the Libertarian Party, which he regarded as a statist co-option of libertarianism. In The New Libertarian Manifesto he explained how he believed a libertarian society could come about. This would theoretically be through a process of people withdrawing their consent to be governed by the state, and moving their economic activities into the black market and grey market where they would be untaxed and unregulated. Konkin used the term counter-economics to describe this approach. In the introduction to The New Libertarian Manifesto he credited Murray Rothbard, Robert LeFevre, and Ludwig von Mises as influences.
Unlike many libertarians, Konkin saw libertarianism as a movement of the left. He was a founder of the Agorist Institute and the Movement of the Libertarian Left. The novel Alongside Night by J. Neil Schulman is based on Konkin's political ideas as are the science fiction novels of Victor Koman. Konkin was a proponent of historical revisionism, and while not known to advocate Holocaust denial himself, became active in support of the Institute for Historical Review on the grounds that their freedom of speech was under attack. Konkin is criticized in the book Anarchism: Left, Right, and Green by Ulrike Heider for this stance.
Konkin was editor and publisher of the irregularly produced New Libertarian Notes (1971-1975), the New Libertarian Weekly (1975-1978), and finally New Libertarian magazine (1978-1990), the last issue of which was a special science fiction tribute featuring a Robert A. Heinlein cover (issue 187, 1990).