Difference between revisions of "Anarcho-capitalism"

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(the hope that the "market-place" can take over the functions of government)
(it's not a "hope" any more than it is that conservatives have a "hope" that abortion is immoral)
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'''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.
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'''Anarcho-capitalism''' is the belief that the [[free market|marketplace]] can be used to replace 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]].

Revision as of 03:07, August 23, 2007

Anarcho-capitalism is the belief that the marketplace can be used to replace 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.

External links