anarcho-capitalism
Noun
Meaning
anarcho-capitalism (uncountable)
(politics, economics) A political and economic philosophy that advocates the elimination of the state and other coercive institutions in favour of individual self-ownership and free market.
Synonyms
Examples
London. 2008. p. 565 "It is important to distinguish between anarchism and certain strands of right-wing libertarianism which at times go by the same name (for example, Murray Rothbard's anarcho-capitalism)."
He wrote his first paper advocating "private property anarchism" in 1949, and later came up with the alternative name anarcho-capitalism.
Friedman advocates an incrementalist approach to achieve anarcho-capitalism by gradual privatization of areas that government is involved in, ultimately privatizing law and order itself.
NO. 3 (2011) Various theorists have espoused legal philosophies similar to anarcho-capitalism.
Philosopher Albert Meltzer argued that since anarcho-capitalism promotes the idea of private armies, it actually supports a "limited State."
Spencer was not an anarcho-capitalist, however many of his ideas, including the Law of Equal Freedom, were precursors to modern anarcho-capitalism.