Anarcho-capitalism - Internal Debates

Internal Debates

A prominent debate within the anarcho-capitalist movement concerns the question of whether anarcho-capitalist society is justified on deontological or consequentialist ethics, or both. Natural-law anarcho-capitalism (as advocated by Rothbard) holds that a universal system of rights can be derived from natural law. Some other anarcho-capitalists do not rely upon the idea of natural rights, but instead present economic justifications for a free-market capitalist society. Such a latter utilitarian approach has been offered by David D. Friedman in The Machinery of Freedom. Also unlike other anarcho-capitalists, most notably Rothbard, Friedman has never tried to deny the theoretical cogency of the neoclassical literature on "market failure", nor has he been inclined to attack economic efficiency as a normative benchmark.

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