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Anarcho-capitalism is a political philosophy that advocates the elimination of the state in favor of individual sovereignty, private property, and open markets. Anarcho-capitalists believe that in the absence of statute (law by decree or legislation), society would improve itself through the discipline of the free market (or what its proponents describe as a "voluntary society"). In an anarcho-capitalist society, law enforcement, courts, and all other security services would be operated by privately funded competitors rather than centrally through compulsory taxation. Money, along with all other goods and services, would be privately and competitively provided in an open market. Therefore, personal and economic activities under anarcho-capitalism would be regulated by victim-based dispute resolution organizations under tort and contract law, rather than by statute through centrally determined punishment under political monopolies.
Various theorists have espoused legal philosophies similar to anarcho-capitalism. The first person to use the term, however, was Murray Rothbard, who in the mid-20th century synthesized elements from the Austrian School of economics, classical liberalism, and 19th-century American individualist anarchists Lysander Spooner and Benjamin Tucker (while rejecting their labor theory of value and the norms they derived from it). A Rothbardian anarcho-capitalist society would operate under a mutually agreed-upon libertarian "legal code which would be generally accepted, and which the courts would pledge themselves to follow." This pact would recognize self-ownership and the non-aggression principle (NAP), although methods of enforcement vary.
Anarcho-capitalists are distinguished from minarchists, who advocate a small night-watchman state limited to the function of individual protection, and other anarchists who often seek to prohibit or regulate the accumulation of property and the flow of capital.
Capitilism will consolidate wealth and maximize efficiency. This requires enforcement to not exploit workers and to regulate property damage through polution.... and to prevent an oligarchy. Enforcement is authority. Without a government there is no protection at all from an oligarchy and cronism.
I understand we have an oligarchy but it wasn't meant to be. Human nature changed that. Hence the needing to revolt.
The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.
But thinking succeful people in a free market would not ban together and create an oligarchy is rediculous. They can simply amass an army without regulation and take your home by force if they choose. Nothing to stop them. They can bribe people and judges.
All the same problems still occur in that model. The very same safeguards you say there are, are already supposed to exist in this system.