Anarcho-Capitalism

Anarcho-capitalism is a political philosophy and economic theory that advocates the elimination of centralized states in favour of a system of private property enforced by private agencies, free markets, and the right-libertarian interpretation of self-ownership. In a theoretical anarcho-capitalist society, the system of private property would still exist and be enforced by private defence agencies and insurance companies selected by customers which would operate competitively in a market and fulfill the roles of courts and the police.