Anarcho-capitalism is a philosophy and a form of society in
which each individual should be sovereign and have full bodily
self-determination, private property rights, freedom of contract and
other rights derived from them. Anarcho-capitalism favors a fully free
market and is named after capitalism in the sense of a free market.
Anarcho-capitalism is also a branch of anarchism as being opposed to
government. All government is undesirable and should be abolished or
privatized. The government police and state courts should be replaced by
private detectives, guards and private courts. Government armies should
be abolished or replaced by private armies. Anarcho-capitalism is
anti-state extreme libertarianism. Its opposites are totalitarian
communism, totalitarian socialism, state socialism, state communism,
national socialism and fascism. Anarcho-capitalism is a largely populist
philosophy opposed to the political elite dominating the states.
Somalia
just after the collapse of the government of Somalia is sometimes
perceived to be a modern example of anarcho-capitalism.
