anarcho-capitalism
Also known as ancap
thumb|alt=A two-colored flag, split diagonally, with yellow at the top and black at the bottom|The black and gold flag, a symbol of anarchism (black) and capitalism (gold) which, according to Murray Rothbard, was first flown in 1963 in [[Colorado and is also used by the Swedish Anarkokapitalistisk Front.|261x261px]]
AI overview
Anarcho-capitalism is a political ideology that combines anarchism and capitalism, symbolized by a black and gold flag that was first used in 1963 according to Murray Rothbard. It matters because it represents an alternative vision of social organization that seeks to apply free-market principles while rejecting hierarchical authority structures.
AI-generated from the Wikipedia summary — may contain errors.
Article
32 sectionsContents
- Classification
- Philosophy
- On the state
- Non-aggression principle
- Property
- Private property
- Common property
- Intellectual property
- Contractual society
- Law and order and the use of violence
- Fraud and breach of contract
- Influences
- Anarchism
- Classical liberalism
- Individualist anarchism
- Historical precedents
- Free Cities of Medieval Europe
- Medieval Iceland
- American Old West
- Gaelic Ireland
- Law merchant, admiralty law, and early common law
- Somalia from 1991 to 2012
- Analysis and criticism
- Rights and freedom
- Economics and property
- Propertarianism
- Theoretical literature
- See also
- Notes
- References
- Further reading
- External links
thumb|alt=A two-colored flag, split diagonally, with yellow at the top and black at the bottom|The black and gold flag, a symbol of anarchism (black) and capitalism (gold) which, according to Murray Rothbard, was first flown in 1963 in [[Colorado and is also used by the Swedish Anarkokapitalistisk Front.|261x261px]]
Anarcho-capitalism (colloquially: ANCAP, Ancap, AnCap, or An-Cap) is a political ideology and economic theory that advocates the abolition of state institutions and services and their replacement with private providers. Proponents argue that a society could function without a state through voluntary exchange and private institutions that provide legal and security services. This model envisions a voluntary society, drawing on concepts such as the non-aggression principle, free markets, and self-ownership. In the absence of statutory law, private defense agencies and insurance companies would compete to provide services analogous to those performed by courts and the police under a state system.