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Anarchism is a political philosophy which considers the
state undesirable, unnecessary and harmful, and instead
promotes a stateless society, or anarchy. It seeks to
diminish or even abolish authority in the conduct of
human relations. Anarchists may widely disagree on
what additional criteria are required in anarchism. The
Oxford Companion to Philosophy says, "there is no
single defining position that all anarchists hold, and
those considered anarchists at best share a certain family
resemblance."
Anarchy-capitalism is an individualist anarchist political
philosophy that advocates the elimination of the state and
the elevation of the sovereign individual in a free
market. In an anarchy-capitalist society, law
enforcement, courts, and all other security services
would be provided by voluntarily-funded competitors
such as private defense agencies rather than through
taxation, and money would be privately and
competitively provided in an open market. According to
anarchy-capitalists, personal and economic activities
would be regulated by the natural laws of the market
and through private law rather than through politics.
Furthermore, victim less crimes and crimes against the
state would be rendered moot.