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 What is Anarcho-Capitalism? | Anarcho-Capitalism Explained

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PostSubject: What is Anarcho-Capitalism? | Anarcho-Capitalism Explained   Thu Oct 12, 2017 11:32 pm

What is Anarcho-Capitalism? | Anarcho-Capitalism Explained: Anarcho-capitalism (also known as “libertarian anarchy” or “market anarchism” or “free market anarchism”) is a libertarian and individualist anarchist political philosophy that advocates the elimination of the state in favor of individual sovereignty in a free market. Economist Murray Rothbard is credited with coining the term. In an anarcho-capitalist society, law enforcement, courts, and all other security services would be provided by voluntarily-funded competitors such as private defense agencies rather than through taxation, and money would be privately and competitively provided in an open market. According to anarcho-capitalists, personal and economic activities would be regulated by the natural laws of the market and through private law rather than through politics. Furthermore, victimless crimes and crimes against the state would not exist.


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