What is anarcho-capitalism?
Anarcho-capitalism is the political philosophy and theory that • the State is an unnecessary evil and should be abolished, and • a free-market private property economic system is morally permissible. Part one is simply the definition of “anarchism,” and part two is soft propertarianism, known more generally as “a free market” or “laissez-faire.” Let’s look more closely at each of the two parts of our definition. Moral permissibility is a “minimum” position. Almost all anarcho-capitalists believe also that a laissez-faire economic system is generally better than alternatives. Some strong propertarians, such as objectivists, go further and claim that laissez-faire is the only moral economic system. A typical dictionary definitionPf of anarchism is: “The theory or doctrine that all forms of government are oppressive and undesirable and should be abolished.”Pf This definition follows the etymology of the word: “Anarchism” is derived from the Greek αναρχία meaning “without archon” (ruler, c
