An oxymoron and an invalid theory. Anarchy is anti-hierarchical, while Capitalism is designed around an economic hierarchy - company owners and company workers as separate classes.
Anarcho-capitalism is invalid for several main reasons:
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Capital requires a government to issue it and tax it to create demand, and give value to the currency.
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Anarchy is anti-hierarchy, while capitalism is an economic system designed to sustain a hierarchy.
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Without government to lower the powers a company has over itâs workers, the companies become the new governments, so to speak. Companies replace the state, therefore âanarchoâ-capitalism is not anarchic.
Person 1: I support anarcho-capitalism because I donât want the government limiting my freedom.
Person 2: Without a government to limit the power of corporations, how do you keep companies from limiting your freedom?
Person 3: Well, we havenât figured that part out yet.
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