Definitions for anarcho-capitalism
an·ar·cho-cap·i·tal·ism

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1. anarcho-capitalismnoun

   A philosophy that advocates the self-ownership of the individuals and the elimination of the state and the provision of all governmental services by self-regulating free market competitors.

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1. Anarcho-capitalism

   Anarcho-capitalism (or, colloquially, ancap) is an anti-statist, libertarian, and anti-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, the non-aggression principle, free markets and the right-libertarian interpretation of self-ownership, which extends the concept to include control of private property as part of the self. 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 services and goods. In a theoretical anarcho-capitalist society, the system of private property would still exist and be enforced by private defense agencies and/or insurance companies selected by customers which would operate competitively in a market and fulfill the roles of courts and the police. According to many anti-capitalist modern anarchist schools of thought, the word "anarchy" is sometimes considered to be the antithesis of hierarchy, therefore, "anarcho-capitalism" is sometimes considered to be a term with differences philosophically to what they personally consider to be true anarchism, as an Anarcho-Capitalist society would inherently contain hierarchy – though said hierarchy is largely considered consensual. This point is typically responded to by Anarcho-Capitalists by pointing out that etymologically, "anarchy" simply means "the absence of government," and by arguing that the stark difference between "government" and "governance" be considered; thus, many believe the philosophy's common name is indeed consistent, as it promotes private governance, but is vehemently anti-government. "I define anarchist society as one where there is no legal possibility for coercive aggression against the person or property of any individual. Anarchists oppose the State because it has its very being in such aggression, namely, the expropriation of private property through taxation, the coercive exclusion of other providers of defense service from its territory, and all of the other depredations and coercions that are built upon these twin foci of invasions of individual rights." -Murray Rothbard in Society Without a State According to its proponents, various historical theorists have espoused philosophies similar to anarcho-capitalism, but the first person to use the term anarcho-capitalism was Murray Rothbard, in the 1940s. Rothbard, a leading figure in the 20th-century American libertarian movement, synthesized elements from the Austrian School, classical liberalism and 19th-century American individualist anarchists and mutualists Lysander Spooner and Benjamin Tucker while rejecting the labor theory of value. Rothbard's anarcho-capitalist society would operate under a mutually agreed-upon "legal code which would be generally accepted, and which the courts would pledge themselves to follow". This legal code would recognize contracts between individuals, private property, self-ownership and tort law in keeping with the non-aggression principle. Rothbard views the power of the state as unjustified, arguing that it restricts individual rights and prosperity, and creates social and economic problems.Anarcho-capitalists and right-libertarians cite several historical precedents of what they believe to be examples of quasi-anarcho-capitalism, including the Republic of Cospaia, Acadia, Anglo‐​Saxon England, Medieval Iceland, the American Old West, Gaelic Ireland, and law merchant, admiralty law, and early common law. Anarcho-capitalism is distinguished from minarchism, which advocates a night-watchman state limited to protecting individuals from aggression and enforcing private property. Anarcho-capitalism is also distinguished from mainstream anarchism, an anti-capitalist movement that opposes unnecessary coercion and hierarchy, and social anarchism, a branch of anarchism that sees individual freedom as interrelated with mutual aid. Unlike most anarchists, anarcho-capitalists support private property and private institutions. Anarcho-capitalists also reject the libertarian socialist economic theories of anarchism, arguing that they are inherently authoritarian or require authoritarianism to achieve. Despite its name, anarcho-capitalism lies outside the tradition of the vast majority of anarchists school of thoughts and is more closely affiliated with capitalism, right-libertarianism and classical liberalism. Traditional anarchist schools of thought oppose and reject capitalism, and consider "anarcho-capitalism" to be a contradiction in terms, although some, including anarcho-capitalists and right-libertarians, have argued that anarcho-capitalism is a form of anarchism. Anarcho-capitalism is usually seen as part of the New Right.

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1. Anarcho-capitalism

   Anarcho-capitalism is a libertarian political philosophy that advocates anarchy in the sense of the elimination of the state in favor of individual sovereignty in a free market. In an anarcho-capitalist society, law enforcement, courts, and all other security services would be provided by privately funded competitors rather than through taxation, and money would be privately and competitively provided in an open market. Therefore, personal and economic activities under anarcho-capitalism would be regulated by privately run law rather than through politics. Various theorists have differing, though similar, legal philosophies which have been considered to fall under "anarcho-capitalism". However, the first person to coin the term and widely regarded as its founder, and its most well-known version, was formulated by Austrian School economist and libertarian Murray Rothbard in the mid-20th century, synthesizing elements from the Austrian School of economics, classical liberalism, and 19th-century American individualist anarchists Lysander Spooner and Benjamin Tucker. In Rothbardian anarcho-capitalism, there would first be the implementation of a mutually agreed-upon libertarian "legal code which would be generally accepted, and which the courts would pledge themselves to follow." This legal code would recognize sovereignty of the individual and the principle of non-aggression.

How to pronounce anarcho-capitalism?

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Numerology

1. Chaldean Numerology

   The numerical value of anarcho-capitalism in Chaldean Numerology is: 8

2. Pythagorean Numerology

   The numerical value of anarcho-capitalism in Pythagorean Numerology is: 1

References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Anarcho-Capitalism
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Anarcho-Capitalism
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=anarcho-capitalism