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Anarcho-capitalism is a view that regards all forms of the state as unnecessary and harmful, particularly in matters of justice and self-defense, while being highly supportive of private property. It synthesizes certain ideas from the tradition of classical liberalism (see libertarianism) and arguably from individualist anarchism as well. It opposes "traditional" anarchism on the issue of private property; while anarchists such as libertarian socialists and individualist anarchists reject all property beyond personal possessions as a form of authority, anarcho-capitalism embraces the established forms of property as an element of liberty.The Libertatis Æquilibritas is a symbol of anarcho-capitalism
Anarcho-capitalists promote individual property rights and free markets (in the sense of freedom from government interference) as the most just and effective way to organize all services. They see the definition of property rights through contracts and common law as a universal mechanism to solve conflicts. They regard capitalist businesses as being the product of voluntary contracts and thus a legitimate and efficient way for people to organize, with freedom to choose a competitor or to enter competition as the universal way to preserve and promote quality in services. This analysis includes all goods and services, including those which the state has traditionally claimed as its natural monopolyIn economics, a natural monopoly is a situation where a single company tends to become the only supplier of a product or service over time because the nature of that product or service makes a single supplier more efficient than multiple, competing ones. — such as policeFor the band, see The Police. For the Polish town, see Police, Poland. Police forces are government organisations ostensibly charged with the responsibility of maintaining law and order. The word comes from the French, and less directly from the Greek pol or militaryMilitary (from latin militarius miles "soldier") as an adjective describes anything related to soldiers and warfare. Used as a noun, it is equivalent to Armed force. See also Armed force Martial art Militaria Military history Military rule Military by cou forces (though only for defensive purposes) and justice through courts of arbitration.
Thus, anarcho-capitalists hold their position to be a form of anarchism. Anarcho-capitalists repudiate all forms of state control — including taxA tax is an involuntary fee paid by individuals or businesses to a government. Taxes may be paid in cash or kind (although payments in kind may not always be allowed or classified as taxes in all systems). The means of taxation, and the uses to which theation, coercive regulationIn the context of government and public services regulation (as a process) is the control of something by rules, as opposed to its prohibition. In economics, it is part of the government relationship with markets, often seen as the opposite of deregulatio, aggressive warFor other uses of War, see War (disambiguation). War is conflict, between relatively large groups of people, which involves physical force inflicted by the use of weapons. Other terms for war include armed conflict hostilities and police action''. See Lim, and coercive monopoly on the use of defensive force — as violations of essential individual rights. They reject these forms of coercive control whether they are exercised by state officials or by private agents; they oppose them on the grounds that they are violations of rights, not necessarily because they are committed by governments.
Anarcho-capitalism has also been called private-property anarchism, free market anarchism, anarcho-liberalism, neo-classical liberalism, anti-state capitalism, voluntaryism, and free-market fundamentalism. Some consider it to be identical to panarchy, and critics often accuse it of reducing to plutocracy in practice.
