What is an Anarcho-Capitalist? Re-Organizing the World with Blockchain

in #anarchy7 years ago

Libs.jpg

Found this on Reddit and it prompted some thoughts.
(The subreddit defines itself a liberal "safe space" whatever that means)


Anarcho-capitalism - (also known as “libertarian anarchy” or “market anarchism” or “free market anarchism”) is a libertarian and individualist anarchist political philosophy that advocates the elimination of the state in favor of individual sovereignty in a free market.


While I attended college, I would proclaim myself a proud libertarian and try to bring up Laissez-faire- faire capitalism wherever I could (often annoyingly out of turn). Today, due to nature of many too make overt generalizations about anything and everything I choose not to identify with any group, community, cult, etc. (making me a non-identatarian?)

Now I know that the crypto space is inherently concerned with capitalism, and many deep into blockchain are highly critical of the current economic strangleholds and corruption thereof. (looking at you UK and US) However I do consider myself to favor small gov and local state level discretion, how does Anarcho-Capitalism which proposes to eliminate state power entirely and rely on a strict judicial system of intermediaries intend to handle the corrupting influence of massive Oligarchy companies such as Monsanto, Exxon, etc? Such a situation would only give the corporations with huge revenue from cornered markets absolute power through access to the best attorneys.

I'm sure there is a proposed block-chain solution already out there somewhere and I'm all ears.

Maybe my understanding of the Anarco philosophy is underdeveloped, any thoughts from Steemians deep into the world economy/ government would be much appreciated.

Thanks for reading !