Anarcho-capitalism
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Anarcho-capitalism
Anarcho-capitalism (or, colloquially, ancap) is an anti-statist, libertarian, and anti-political philosophy and economic theory that seeks to abolish centralized states in favor of stateless societies with systems of private property enforced by private agencies, the non-aggression principle, free markets and the right-libertarian interpretation of self-ownership, which extends the concept to include control of private property as part of the self. In the absence of statute, anarcho-capitalists hold that society tends to contractually self-regulate and civilize through participation in the free market, which they describe as a voluntary society involving the voluntary exchange of services and goods. In a theoretical anarcho-capitalist society, the system of private property would still exist and be enforced by private defense agencies and/or insurance companies selected by customers which would operate competitively in a market and fulfill the roles of courts and t ...
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Right-libertarian
Right-libertarianism,Rothbard, Murray (1 March 1971)"The Left and Right Within Libertarianism" ''WIN: Peace and Freedom Through Nonviolent Action''. 7 (4): 6–10. Retrieved 14 January 2020.Goodway, David (2006). '' Anarchist Seeds Beneath the Snow: Left-Libertarian Thought and British Writers from William Morris to Colin Ward''. Liverpool: Liverpool University Pressp. 4 "'Libertarian' and 'libertarianism' are frequently employed by anarchists as synonyms for 'anarchist' and 'anarchism', largely as an attempt to distance themselves from the negative connotations of 'anarchy' and its derivatives. The situation has been vastly complicated in recent decades with the rise of anarcho-capitalism, 'minimal statism', and an extreme right-wing laissez-faire philosophy advocated by such theorists as Rothbard and Nozick and their adoption of the words 'libertarian' and 'libertarianism'. It has therefore now become necessary to distinguish between their right libertarianism and the left lib ...
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Libertarianism In The United States
In the United States, libertarianism is a political philosophy promoting individual liberty. According to common meanings of conservatism and liberalism in the United States, libertarianism has been described as '' conservative'' on economic issues ( economic liberalism) and '' liberal'' on personal freedom (civil libertarianism),Boaz, David; Kirby, David (October 18, 2006). ''The Libertarian Vote''. Cato Institute. often associated with a foreign policy of non-interventionism.Olsen, Edward A. (2002). ''US National Defense for the Twenty-First Century: The Grand Exit Strategy''. Taylor & Francisp. 182 . . Broadly, there are four principal traditions within libertarianism, namely the libertarianism that developed in the mid-20th century out of the revival tradition of classical liberalism in the United States after liberalism associated with the New Deal; the libertarianism developed in the 1950s by anarcho-capitalist author Murray Rothbard, who based it on the anti-New De ...
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Libertarianism
Libertarianism (from french: libertaire, "libertarian"; from la, libertas, "freedom") is a political philosophy that upholds liberty as a core value. Libertarians seek to maximize autonomy and political freedom, and minimize the state's encroachment on and violations of individual liberties; emphasizing the rule of law, pluralism, cosmopolitanism, cooperation, civil and political rights, bodily autonomy, free association, free trade, freedom of expression, freedom of choice, freedom of movement, individualism and voluntary association. Libertarians are often skeptical of or opposed to authority, state power, warfare, militarism and nationalism, but some libertarians diverge on the scope of their opposition to existing economic and political systems. Various schools of Libertarian thought offer a range of views regarding the legitimate functions of state and private power, often calling for the restriction or dissolution of coercive social institutions. Different ...
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Anarchy
Anarchy is a society without a government. It may also refer to a society or group of people that entirely rejects a set hierarchy. ''Anarchy'' was first used in English in 1539, meaning "an absence of government". Pierre-Joseph Proudhon adopted ''anarchy'' and ''anarchist'' in his 1840 treatise '' What Is Property?'' to refer to anarchism, a new political philosophy and social movement that advocates stateless societies based on free and voluntary associations. Anarchists seek a system based on the abolition of all coercive hierarchy, in particular the state, and many advocate for the creation of a system of direct democracy, worker cooperatives or privatization. In practical terms, ''anarchy'' can refer to the curtailment or abolition of traditional forms of government and institutions. It can also designate a nation or any inhabited place that has no system of government or central rule. Anarchy is primarily advocated by individual anarchists who propose replacing governm ...
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Murray Rothbard
Murray Newton Rothbard (; March 2, 1926 – January 7, 1995) was an American economist of the Austrian School, economic historian, political theorist, and activist. Rothbard was a central figure in the 20th-century American libertarian movement and a founder and leading theoretician of anarcho-capitalism. He wrote over twenty books on political theory, history, economics, and other subjects. Rothbard argued that all services provided by the "monopoly system of the corporate state" could be provided more efficiently by the private sector and wrote that the state is "the organization of robbery systematized and writ large". He called fractional-reserve banking a form of fraud and opposed central banking. He categorically opposed all military, political, and economic interventionism in the affairs of other nations. According to his protégé Hans-Hermann Hoppe, " ere would be no anarcho-capitalist movement to speak of without Rothbard". Libertarian economist Jeffrey ...
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Private Defense Agencies
A private defense agency (PDA) is a theoretical enterprise which would provide personal protection and military defense services to individuals who would pay for its services. PDAs are advocated in anarcho-capitalism as a way of enforcing the system of private property. A PDA is distinguished from a private contractor employed by a state which is usually subsidized. Instead, such agencies would in theory be voluntarily financed primarily by competing insurance and security companies. Theory Benjamin Tucker and Gustave de Molinari first explicitly proposed private defense agencies. The concept later was advanced and expanded upon by anarcho-capitalists who consider the state to be illegitimate and therefore believe defense is something that should be provided or determined privately by individuals and firms competing in a free market. The Mises Institute published a book of essays entitled '' The Myth of National Defense: Essays on the Theory and History of Security Produc ...
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Non-aggression Principle
The non-aggression principle (NAP), also called the non-aggression axiom, is a concept in which aggression, defined as initiating or threatening any forceful interference (violating or breaching conduct) against either an individual, their propertyWithin the context of the NAP, property is defined as both personal possessions and private property. or against promises (contracts) for which the aggressor is liable and in which the individual is a counterparty, is inherently wrong. There is no single or universal interpretation or definition of the NAP, with different definitions varying in regards to how to treat intellectual property, force, abortion, and other topics. The non-aggression principle is considered by some to be an essential idea in libertarianism, anarcho-capitalism or minarchism. Justifications The principle has been derived by various philosophical approaches, including: * Argumentation ethics: some modern right-libertarian thinkers ground the non-aggression ...
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Anarchist
Anarchism is a political philosophy and movement that is skeptical of all justifications for authority and seeks to abolish the institutions it claims maintain unnecessary coercion and hierarchy, typically including, though not necessarily limited to, governments, nation states, and capitalism. Anarchism advocates for the replacement of the state with stateless societies or other forms of free associations. As a historically left-wing movement, usually placed on the farthest left of the political spectrum, it is usually described alongside communalism and libertarian Marxism as the libertarian wing ( libertarian socialism) of the socialist movement. Humans lived in societies without formal hierarchies long before the establishment of formal states, realms, or empires. With the rise of organised hierarchical bodies, scepticism toward authority also rose. Although traces of anarchist thought are found throughout history, modern anarchism emerged from the Enli ...
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Hans-Hermann Hoppe
Hans-Hermann Hoppe (; ; born 2 September 1949) is a German-American economist of the Austrian School, philosopher and political theorist. He is Professor Emeritus of Economics at the University of Nevada, Las Vegas (UNLV), Senior Fellow of the Ludwig von Mises Institute, and the founder and president of the Property and Freedom Society. Hoppe identifies as an austro-libertarian and anarcho-capitalist, and has written extensively in opposition to democracy in his book '' Democracy: The God That Failed''. Life and work Hoppe was born in Peine, West Germany, did undergraduate studies at Universität des Saarlandes and received his MA and PhD degrees from Goethe University Frankfurt. He studied under Jürgen Habermas, a leading German intellectual of the post-WWII era, but gradually came to reject Habermas's ideas, and European leftism generally, regarding them as "intellectually barren and morally bankrupt." He was a post-doctoral fellow at the University of Michigan, ...
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Anti-statism
Anti-statism is any approach to social, economic or political philosophy that rejects statism. An anti-statist is one who opposes intervention by the state into personal, social and economic affairs. In anarchism, this is characterized by a complete rejection of all involuntary hierarchical rulership. Overview Anti-statism is present in a variety of greatly differing positions and encompasses an array of diametric concepts and practices. Anti-statists differ greatly according to the beliefs they hold in addition to anti-statism as significant difficulty in determining whether a thinker or philosophy is anti-statist is the problem of defining the state itself. Terminology has changed over time and past writers often used the word state in a different sense than we use it today. Anarchist Mikhail Bakunin used the term simply to mean a governing organization while other writers used the term state to mean any lawmaking or law enforcement agency. Revolutionary socialist Karl M ...
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Austrian School
The Austrian School is a heterodox school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result exclusively from the motivations and actions of individuals. Austrian school theorists hold that economic theory should be exclusively derived from basic principles of human action.Ludwig von Mises. Human Action, p. 11, "Purposeful Action and Animal Reaction". Referenced 2011-11-23. The Austrian School originated in late-19th- and early-20th-century Vienna with the work of Carl Menger, Eugen von Böhm-Bawerk, Friedrich von Wieser, and others. It was methodologically opposed to the Historical School (based in Germany), in a dispute known as '' Methodenstreit'', or methodology struggle. Current-day economists working in this tradition are located in many different countries, but their work is still referred to as Austrian economics. Among the theoretical contributions of the early years of the Austrian School ...
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Stateless Society
A stateless society is a society that is not governed by a state. In stateless societies, there is little concentration of authority; most positions of authority that do exist are very limited in power and are generally not permanently held positions; and social bodies that resolve disputes through predefined rules tend to be small. Stateless societies are highly variable in economic organization and cultural practices. While stateless societies were the norm in human prehistory, few stateless societies exist today; almost the entire global population resides within the jurisdiction of a sovereign state, though in some regions nominal state authorities may be very weak and wield little or no actual power. Over the course of history most stateless peoples have been integrated into the state-based societies around them. Some political philosophies, particularly anarchism, consider the state an unwelcome institution and stateless societies the ideal, while Marxism considers ...
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