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the hope that the "market-place" can take over the functions of government
'''Anarcho-capitalism''' is the belief 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.
'''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]].