Copyright © 2004-2008 The Professor Network. Some Rights Reserved. Designated trademarks and brands are the property of their respective owners. By accessing this site or its contents you agree to the below terms.
(20th century)
Theory of unrestrained pursuit of economic self-interest.
Anarcho-capitalism is the advocacy of an extreme blend of anarchism and free-market economics.
Unlike anarchism, anarcho-capitalism assumes that individuals will naturally pursue their own self-interest. Unlike more mainstream advocacies of capitalist economics, anarcho-capitalism proposes doing away with government entirely and leaving all the functions normally carried out by the state, including law enforcement, to either individual or group voluntary action.
Source:
Murray Rothbard, Ethics of Liberty (Atlantic Highland, NJ, 1982)
Have a Say?
Submit additional
information | Correct Errors