Anarchist Economics - Theoretical Economic Systems - Post-classical Theorectical Economic Systems - Anarcho-capitalism

Anarcho-capitalism

Anarcho-capitalism advocates the elimination of the state in favor of individual sovereignty in a free market. In an anarcho-capitalist society, law enforcement, courts, and all other security services would be provided by privately funded competitors rather than through taxation, and money would be privately and competitively provided in an open market. Therefore, personal and economic activities under anarcho-capitalism would be regulated by privately run law rather than through politics. Anarcho-capitalism developed from radical anti-state libertarianism and individualist anarchism, drawing from Austrian School economics, study of law and economics, and public choice theory.

There is a strong current within anarchism which does not consider that anarcho-capitalism can be considered a part of the anarchist movement due to the fact that anarchism has historically been an anti-capitalist movement and for definitional reasons which see anarchism incompatible with capitalist forms.

Read more about this topic:  Anarchist Economics, Theoretical Economic Systems, Post-classical Theorectical Economic Systems

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