Difference between revisions of "Anarcho-capitalism"
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(Critics believe that state intervention is needed to prevent monopoly.) |
(the hope that the "market-place" can take over the functions of government) |
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| − | '''Anarcho-capitalism''' is the | + | '''Anarcho-capitalism''' is the hope that the "market-place" can take over the functions of government and that [[capitalism]] without laws and regulations is the key to an effective economy. The idea is that supply, demand and competition would keep corporations from acting unethically or harming others. |
Critics believe that state intervention is needed to prevent [[monopoly]]. | Critics believe that state intervention is needed to prevent [[monopoly]]. | ||
Revision as of 02:53, August 23, 2007
Anarcho-capitalism is the hope that the "market-place" can take over the functions of government and that capitalism without laws and regulations is the key to an effective economy. The idea is that supply, demand and competition would keep corporations from acting unethically or harming others.
Critics believe that state intervention is needed to prevent monopoly.
External links
- Anarchy and the Law: The Political Economy of Choice, edited by Edward P. Stringham
- "Anarcho-Capitalism: An Annotated Bibliography," by Hans-Hermann Hoppe
- For a New Liberty, by Murray N. Rothbard
- The Voluntary City: Choice, Community, and Civil Society, edited by David T. Beito, Peter Gordon, and Alexander Tabarrok