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=== On the state === Anarcho-capitalists oppose the state and seek to privatize any useful service the government presently provides, such as education, infrastructure, or the enforcement of law.<ref name="pschu" /><ref name="Kinna 2012" /> They see [[capitalism]] and the "[[free market]]" as the basis for a free and prosperous society. [[Murray Rothbard]] stated that the difference between [[free-market capitalism]] and [[state capitalism]] is the difference between "peaceful, voluntary exchange" and a "collusive partnership" between business and government that "uses coercion to subvert the free market".<ref>Rothbard, Murray N., [https://www.mises.org/article.aspx?Id=1559 A Future of Peace and Capitalism] {{Webarchive|url=https://web.archive.org/web/20081016170817/http://mises.org/article.aspx?Id=1559 |date=16 October 2008 }}; Murray N. Rothbard, [https://www.mises.org/article.aspx?control=910 Left and Right: The Prospects for Liberty] .</ref> Rothbard argued that all government services, including defense, are inefficient because they lack a market-based [[pricing mechanism]] regulated by "the voluntary decisions of consumers purchasing services that fulfill their highest-priority needs" and by investors seeking the most profitable enterprises to invest in.<ref name="Rothbard-P&M">{{cite book |last=Rothbard |first=Murray |title=[[Power and Market]] |year=1977 |edition=2nd |author-link=Murray Rothbard |orig-date=1970}} published in {{cite book |last=Rothbard |first=Murray |url=https://mises.org/library/man-economy-and-state-power-and-market |title=Man, Economy, and State with Power and Market |year=2009 |publisher=[[Mises Institute]] |isbn=978-1-933550-27-5 |edition=2nd |access-date=15 June 2020 |archive-date=18 August 2022 |archive-url=https://web.archive.org/web/20220818171401/https://mises.org/library/man-economy-and-state-power-and-market |url-status=live }}</ref>{{rp|1051|quote=It is all the more curious, incidentally, that while *laissez-faireists* should by the logic of their position, be ardent believers in a single, unified world government so that no one will live in a state of "anarchy" in relation to anyone else, they almost never are.}} {|class="box" style="float:right; margin-right:15px; margin-left:15px; text-align:left; border:3px solid #aaa; padding:2px; font-size:80%; width:25%;" |- || Rothbard used the term ''anarcho-capitalism'' to distinguish his philosophy from anarchism that opposes private property<ref>[http://search.eb.com/eb/article-234237 "Libertarianism"] {{Webarchive|url=https://web.archive.org/web/20240208210833/https://academic.eb.com/ |date=8 February 2024 }} (2007). In ''Encyclopædia Britannica''. Retrieved 30 July 2007.</ref> as well as to distinguish it from individualist anarchism.<ref name="autogenerated1">Murray Rothbard (2000). "Egalitarianism as A Revolt Against Nature And Other Essays: and other essays". Ludwig von Mises Institute, 2000. p. 207.</ref> Other terms sometimes used by proponents of the philosophy include: * Individualist anarchism<ref name="Avrich 1996">[[Paul Avrich|Avrich, Paul]] (1996). ''Anarchist Voices: An Oral History of Anarchism in America'' (abridged paperback ed.). Princeton: Princeton University Press. p. 282. {{ISBN|978-0691044941}}. "Although there are many honorable exceptions who still embrace the 'socialist' label, most people who call themselves individualist anarchists today are followers of Murray Rothbard's Austrian economics and have abandoned the labor theory of value."</ref><ref>[[Kevin Carson|Carson, Kevin]] (2006). ''Studies in Mutualist Political Economy''. [http://www.mutualist.org/id112.html "Preface"]. {{webarchive|url=https://web.archive.org/web/20110415135834/http://www.mutualist.org/id112.html|date=15 April 2011}} Charleston: BookSurge Publishing. {{ISBN|978-1419658693}}. "Murray N. Rothbard (1926–1995), American economist, historian, and individualist anarchist."</ref> * Natural order<ref name="Hoppe 2001" /> * Ordered anarchy<ref name="Hoppe 2001" /> * Private-law society<ref name="Hoppe 2001" /> * Private-property anarchy<ref name="Hoppe 2001" /> * Radical capitalism<ref name="Hoppe 2001" /> |} Maverick Edwards of the [[Liberty University]] describes anarcho-capitalism as a political, social, and economic theory that places markets as the central "governing body" and where government no longer "grants" rights to its citizenry.<ref name="Edwards 2021">{{cite journal | last=Edwards | first=Maverick | title=The Failure of Imagination: A Theoretical and Pragmatic Analysis of Utopianism as an Orientation for Human Life | journal=Liberty University Journal of Statesmanship & Public Policy | date=9 January 2021 | volume=1 | issue=2 | url=https://digitalcommons.liberty.edu/jspp/vol1/iss2/2 | access-date=16 January 2022 | archive-date=16 January 2022 | archive-url=https://web.archive.org/web/20220116172514/https://digitalcommons.liberty.edu/jspp/vol1/iss2/2/ | url-status=live }}</ref>
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