Anarchist Schools of Thought - Contemporary Developments - Anarcho-capitalism

Anarcho-capitalism

Anarcho-capitalism advocates the elimination of the state in favor of individual sovereignty in a free market. 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.