- an economic system in which all or most of the means of production are privately owned and operated (usually through employing wage labour, and for profit), and in which the investment of capital and the production, distribution and prices of commodities and services are determined mainly in a free market. Capitalism has also been called laissez-faire economy, free mark economy, free enterprise system, economic liberalism, and economic individualism.• Anarcho-capitalism - a philosophy based on the idea of individual sovereignty, and a prohibition against initiatory coercion and fraud. It sees the only just basis for law as arising from private property norms and an unlimited right of contract between sovereign individuals. From this basis, anarcho-capitalism rejects the state as an unjustified monopolist and aggressor against sovereign individuals, and embraces anti-statist laissez-faire capitalism. Anarcho-capitalists would aim to protect individual liberty and property by replacing a government monopoly, which is involuntarily funded through taxation, with private, competing businesses.
Mini philosophy glossary . 2014.
Look at other dictionaries:
Anarcho-capitalism — Part of the Politics series on Anarchism … Wikipedia
Anarcho-Capitalism — A term coined by Austrian school economist Murray Rothbard to describe a market based society with no government. Instead of government, all goods and services would be provided by private businesses. Politics and taxes would not exist in an… … Investment dictionary
anarcho-capitalism — noun A philosophy that advocates the self ownership of the individuals and the elimination of the state and the provision of all governmental services by self regulating free market competitors … Wiktionary
anarcho-capitalism — … Useful english dictionary
Anarcho-capitalism and minarchism — Part of a series on Libertarianism … Wikipedia
Anarchism and anarcho-capitalism — This article discusses similarities and differences between anarcho capitalism and other types of anarchism. Integrating Austrian economics into individualist anarchism Murray Rothbard was a student and disciple of the Austrian economist Ludwig… … Wikipedia
Criticisms of anarcho-capitalism — Part of the Politics series on Anarchism … Wikipedia
Anarcho-capitalist literature — Anarcho capitalism has been the subject of a number of works of literature, both nonfiction and fiction.NonfictionThe following is a partial list of notable nonfiction works discussing anarcho capitalism. Works by Bastiat, de Molinari, and others … Wikipedia
Anarcho-naturism — Part of the Politics series on Anarchism … Wikipedia
Anarcho-capitalisme — Drapeau de l´anarcho capitalisme. Il n est cependant utilisé par aucune organisation se revendiquant de l anarcho capitalisme. L’anarcho capitalisme est un courant de pensée politique inspiré par le libéralisme philosophique, selon laquelle… … Wikipédia en Français