Market anarchism

Market anarchism is the branch of anarchism that advocates a free-marketeconomic system based on voluntary interactions without state involvement; a form of individualist anarchism. The basic doctrine of market anarchism is that the legislative, adjudicative, and protective functions are unjustly and inefficiently monopolized by the coercive state, and they should be entirely turned over to the voluntary, consensual market forces. Market anarchism opposes the state and considers it inherently coercive. Gustave de Molinari is considered to be the originator of the theory.