Anarcho Capitalism

Discipline: Political Science

Theory of unrestrained pursuit of economic self-interest.

Anarcho-capitalism is the advocacy of an extreme blend of anarchism and free-market economics.

Unlike anarchism, anarcho-capitalism assumes that individuals will naturally pursue their own self-interest. Unlike more mainstream advocacies of capitalist economics, anarcho-capitalism proposes doing away with government entirely and leaving all the functions normally carried out by the state, including law enforcement, to either individual or group voluntary action.

Source:
Murray Rothbard, Ethics of Liberty (Atlantic Highland, NJ, 1982)

Share

Facebook Twitter