Anarcho-capitalism is an anti-statist, libertarian 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, based on concepts such as the non-aggression principle, free markets and self-ownership. Anarcho-capitalist philosophy extends the concept of ownership to include control of private property as part of the self, and, in some cases, control of other people as private property. 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 goods and services. In a theoretical anarcho-capitalist society the system of private property would still exist, as it would be enforced by private defense agencies and/or insurance companies that were selected by property owners, whose ownership rights or claims would be enforced by private defence agencies and/or insurance companies. These agencies or companies would operate competitively in a market and fulfill the roles of courts and the police, similar to a state apparatus. Some anarcho-capitalist authors have argued that slavery is compatible with anarcho-capitalist ideals.
Murray Newton Rothbard 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, particularly its right-wing strands, and was a founder and leading theoretician of anarcho-capitalism. He wrote over twenty books on political theory, history, economics, and other subjects.
Libertarians have differing opinions on the validity of intellectual property.
Hans-Hermann Hoppe is a German-American academic associated with Austrian School economics, anarcho-capitalism, right-wing libertarianism, and opposition to democracy. He is professor emeritus of economics at the University of Nevada, Las Vegas (UNLV), senior fellow of the Mises Institute think tank, and the founder and president of the Property and Freedom Society.
The Ludwig von Mises Institute for Austrian Economics, or Mises Institute, is a nonprofit think tank headquartered in Auburn, Alabama, that is a center for radical right-wing libertarian thought and the paleolibertarian and anarcho-capitalist movements in the United States. It is named after the economist Ludwig von Mises (1881–1973) and promotes heterodox Misesian Austrian economics.
Llewellyn Harrison Rockwell Jr. is an American author, editor, and political consultant. A libertarian and a self-professed anarcho-capitalist, he founded and is the chairman of the Mises Institute, a non-profit promoting the Austrian School of economics.
Paleolibertarianism is a libertarian political activism strategy aimed at uniting libertarians and paleoconservatives. It was developed by American anarcho-capitalist theorists Murray Rothbard and Lew Rockwell in the American political context after the end of the Cold War. From 1989 to 1995, they sought to communicate libertarian notions of opposition to government intervention using messages accessible to working and middle-class people of the time, and combining libertarian free market views with the cultural conservatism of Paleoconservatism, while also opposing protectionism. The strategy also embraced the paleoconservative reverence for tradition and religion. This approach, usually identified as right-wing populism, was intended to radicalize citizens against the state. The name they chose for this style of activism evoked the roots of modern libertarianism, hence the prefix paleo. That founding movement was American classical liberalism, which shared the anti-war and anti-New Deal sentiments of the Old Right in the first half of the 20th century. Paleolibertarianism is generally seen as a right-wing ideology.
A night-watchman state, or minarchy, whose proponents are known as minarchists, is a model of a state that is limited and minimal, whose functions depend on libertarian theory. Right-libertarians support it only as an enforcer of the non-aggression principle by providing citizens with the military, the police, and courts, thereby protecting them from aggression, theft, breach of contract, fraud, and enforcing property laws.
The nature of capitalism is criticized by left-wing anarchists, who reject hierarchy and advocate stateless societies based on non-hierarchical voluntary associations. Anarchism is generally defined as the libertarian philosophy which holds the state to be undesirable, unnecessary and harmful as well as opposing authoritarianism, illegitimate authority and hierarchical organization in the conduct of human relations. Capitalism is generally considered by scholars to be an economic system that includes private ownership of the means of production, creation of goods or services for profit or income, the accumulation of capital, competitive markets, voluntary exchange and wage labor, which have generally been opposed by most anarchists historically. Since capitalism is variously defined by sources and there is no general consensus among scholars on the definition nor on how the term should be used as a historical category, the designation is applied to a variety of historical cases, varying in time, geography, politics and culture.
The non-aggression principle (NAP), also called the non-aggression axiom, is the fundamental principle of morality that states that any person is permitted do everything with their property except aggression, defined as the initiation of forceful action, which is in turn defined as 'the application or threat of' 'physical interference or fraud ', any of which without consent. The principle is also called the non-initiation of force. The principle incorporates universal enforcability.
Propertarianism, or proprietarianism, is a political philosophy that reduces all questions of law to the right to own property. On property rights, it advocates private property based on Lockean sticky property norms, where an owner keeps their property more or less until they consent to gift or sell it, rejecting the Lockean proviso.
Libertarianism is a political philosophy that upholds liberty as a core value. Libertarians seek to maximize autonomy and political freedom, emphasizing equality before the law and civil rights to freedom of association, freedom of speech, freedom of thought and freedom of choice. 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. Different categorizations have been used to distinguish various forms of Libertarianism. Scholars distinguish libertarian views on the nature of property and capital, usually along left–right or socialist–capitalist lines. Libertarians of various schools were influenced by liberal ideas.
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 and liberal on personal freedom, often associated with a foreign policy of non-interventionism. 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 Deal Old Right and 19th-century libertarianism and American individualist anarchists such as Benjamin Tucker and Lysander Spooner while rejecting the labor theory of value in favor of Austrian School economics and the subjective theory of value; the libertarianism developed in the 1970s by Robert Nozick and founded in American and European classical liberal traditions; and the libertarianism associated with the Libertarian Party, which was founded in 1971, including politicians such as David Nolan and Ron Paul.
Right-libertarianism, also known as libertarian capitalism, or right-wing libertarianism, is a libertarian political philosophy that supports capitalist property rights and defends market distribution of natural resources and private property. The term right-libertarianism is used to distinguish this class of views on the nature of property and capital from left-libertarianism, a type of libertarianism that combines self-ownership with an egalitarian approach to property and income. In contrast to socialist libertarianism, right-libertarianism supports free-market capitalism. Like most forms of libertarianism, it supports civil liberties, especially natural law, negative rights, the non-aggression principle, and a major reversal of the modern welfare state.
The Libertarian Forum was an anarcho-capitalist magazine published about twice a month from 1969 to 1984. Its editor and chief author was Murray Rothbard; initially, Karl Hess also served as Washington editor. Currently all the issues are available in the book compilation The Complete Libertarian Forum 1969–1984.
The Ethics of Liberty is a 1982 book by American philosopher and economist Murray N. Rothbard, in which the author expounds a libertarian political position. Rothbard's argument is based on a form of natural law ethics, and makes a case for anarcho-capitalism.
The Libertarian Party is a libertarian Brazilian political organization listed as a political party by the Superior Electoral Court. The party was founded on June 20, 2009, in Belo Horizonte.
This article is a list of major figures in the theory of libertarianism, a philosophy asserting that individuals have a right to be free. Originally coined by French anarchist and libertarian communist Joseph Déjacque as an alternative synonymous to anarchism, American classical liberals appropriated the term in the 1950s for their philosophy which asserts that individuals have a right to acquire, keep and exchange their holdings and that the primary purpose of government is to protect these rights. As a result of this history, libertarians on this list may be either of the American-style free-market variety or of the European-style socialist variety.
David Gordon is an American libertarian philosopher and intellectual historian influenced by Murray Rothbard's views of economics. He is a senior fellow of the Ludwig von Mises Institute, a libertarian think tank, and is editor of The Mises Review.
Carlo Lottieri is Professor of Political Philosophy at the University of Verona. He holds a bachelor's degree in Philosophy from the University of Genoa, a M.A. from the Institut Universitaire d’Etudes Européens, a M.A. and a Ph.D. from the Paris-Sorbonne University. His research interests cover Philosophy of Law, Federalism, Libertarianism, political theology, Religion and Public Life, Military Ethics, Elitism, Evolutionary Theory of Law, Commons and Private Property, Modern State. He edited many works by Bruno Leoni in English, French, Italian, Spanish and Czech.
