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Anarcho-capitalism is a political philosophy advocating for a stateless society based on voluntary transactions and private property. It draws from libertarianism, Austrian economics, and classical liberalism, emphasizing the non-aggression principle. Critics question its feasibility and ethical implications, while historical examples are debated for their relevance to modern society.
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Murray Rothbard played a pivotal role in developing anarcho-capitalism, drawing from the Austrian School of economics and individualist anarchist ideas
Lysander Spooner and Benjamin Tucker
Rothbard was influenced by individualist anarchists such as Lysander Spooner and Benjamin Tucker in his development of anarcho-capitalism
Anarcho-capitalism is based on the non-aggression principle, which asserts that aggression against others is inherently illegitimate
In an anarcho-capitalist society, private defense agencies, arbitration companies, and insurance firms would operate in a competitive market to provide services traditionally managed by the government
Contracts and voluntary agreements would form the basis of social interaction and commerce in an anarcho-capitalist society
Anarcho-capitalists believe that competition in a stateless society would lead to high-quality, cost-effective services for the benefit of society
Critics raise concerns about the practicality and ethical implications of enforcing private property rights without a state
The potential for coercive entities to arise in the absence of a centralized authority is a central point of contention in anarcho-capitalism
The concept of voluntary slavery contracts, defended by some anarcho-capitalists, has been widely criticized as incompatible with the philosophy's emphasis on individual freedom and autonomy
Advocates of anarcho-capitalism often reference historical instances such as the Republic of Cospaia, Medieval Iceland, and the American Old West as examples of stateless societies
The degree to which these historical examples align with anarcho-capitalist principles is subject to scholarly debate
Some argue that these examples do not accurately represent true statelessness or fail to account for the complexities of modern societies
00
This philosophy combines the libertarian emphasis on personal liberty with a ______ economy free from state ______.
capitalist
intervention
01
Advocates of ______ believe that a society without a state would naturally let market mechanisms supply services such as ______, ______, and ______ infrastructure.
anarcho-capitalism
security
justice
social
02
Supporters claim that in the absence of a state, the efficiency and ______ legitimacy of the market would be better at providing societal needs.
moral
