Anarcho-capitalism is a combination of individualist anarchism and classical liberalism; its considered the most extreme form of libertarianism and is sometimes called 'market anarchy'. Anarcho-capitalists oppose the state and support private property rights. They envision necessary functions now being performed by the state (courts, police, contract enforcement, defense) as being taken over by competing private protection agencies.
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Last update:March 9, 2016 at 8:24:12 UTC