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Anarcho-Capitalism refers to a political philosophy which calls for the abolition of the state and for the provision of law and order to be controlled by private companies in a free market. The term was coined by American libertarian economist Murray Rothbard, while Belgian political economist Gustave de Molinari is considered to be the first anarcho-capitalist. It has recently gained popularity with Javier Milei, who calls himself an anarcho-capitalist, winning the race to become the President of Argentina last month. Traditionally, free market advocates have supported the private provision of most goods and services, except police and courts which, it was believed, could only be provided by the state. But anarcho-capitalists believe that private companies competing in a free market can provide policing and legal services as well, often far better than the state when it comes to quality and price. Just the way private companies today can offer better cars, telephone services, etc. at cheaper prices than the government, anarcho-capitalists argue, private companies can also provide a far better police and legal system. We discussed this topic here in detail. =̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵ Subscribe Drishti Teaching Exams Channel : / @drishtiteachingexams =̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵ NCERT कोर्स में नामांकन के लिये इस लिंक पर क्लिक करें : https://www.drishtiias.com/hindi/onli... NTA/ UGC-NET पेपर-1 कोर्स में नामांकन के लिये इस लिंक पर क्लिक करें : https://www.drishtiias.com/hindi/onli... =̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵ 𝐆𝐒 𝐅𝐨𝐮𝐧𝐝𝐚𝐭𝐢𝐨𝐧 𝐂𝐨𝐮𝐫𝐬𝐞 (𝐏𝐫𝐞𝐥𝐢𝐦𝐬 + 𝐌𝐚𝐢𝐧𝐬) 𝐎𝐧𝐥𝐢𝐧𝐞/𝐏𝐞𝐧𝐝𝐫𝐢𝐯𝐞 𝐌𝐨𝐝𝐞: 👉 For 𝐟𝐞𝐞, 𝐀𝐝𝐦𝐢𝐬𝐬𝐢𝐨𝐧 and 𝐨𝐭𝐡𝐞𝐫 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 of this course visit this link: https://drishti.link/Online-Course or download the 𝐃𝐫𝐢𝐬𝐡𝐭𝐢 𝐋𝐞𝐚𝐫𝐧𝐢𝐧𝐠 𝐀𝐩𝐩. 👉 To know the 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 𝐨𝐫 𝐭𝐨 𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫 through our website click on this link: https://drishti.link/foundation-course 👉 𝐓𝐨 𝐠𝐞𝐭 𝐭𝐡𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 about this 𝐖𝐡𝐚𝐭𝐬𝐀𝐩𝐩 𝐨𝐫 𝐒𝐌𝐒 "𝐆𝐒" on this number: 𝟗𝟑𝟏𝟏𝟒𝟎𝟔𝟒𝟒𝟐 =̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵ 𝐏𝐞𝐧𝐝𝐫𝐢𝐯𝐞 𝐂𝐨𝐮𝐫𝐬𝐞𝐬 (𝐇𝐢𝐧𝐝𝐢 𝐋𝐢𝐭𝐞𝐫𝐚𝐭𝐮𝐫𝐞 𝐚𝐧𝐝 𝐨𝐭𝐡𝐞𝐫𝐬): 👉 For 𝐟𝐞𝐞, 𝐀𝐝𝐦𝐢𝐬𝐬𝐢𝐨𝐧 and 𝐨𝐭𝐡𝐞𝐫 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 of 𝐏𝐞𝐧𝐝𝐫𝐢𝐯𝐞 𝐂𝐨𝐮𝐫𝐬𝐞 (Hindi Literature and other courses): http://bit.ly/2vGNj72 👉 𝐃𝐞𝐦𝐨 𝐜𝐥𝐚𝐬𝐬 playlist- http://bit.ly/2qyY1cW =̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵ 👉 𝐏𝐫𝐞𝐥𝐢𝐦𝐬 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐞 𝐒𝐞𝐫𝐢𝐞𝐬 की पुस्तकें (संपूर्ण सेट एक साथ) खरीदने के लिये निम्नलिखित लिंक्स का प्रयोग करें: 𝐃𝐫𝐢𝐬𝐡𝐭𝐢 𝐖𝐞𝐛𝐬𝐢𝐭𝐞: https://bit.ly/30LLMbt 𝐀𝐦𝐚𝐳𝐨𝐧: https://amzn.to/2VqvH8S 𝐅𝐥𝐢𝐩𝐤𝐚𝐫𝐭: https://bit.ly/3odDQtv =̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵ 👉 𝐐𝐮𝐢𝐜𝐤 𝐁𝐨𝐨𝐤 𝐒𝐞𝐫𝐢𝐞𝐬 की पुस्तकें (संपूर्ण सेट एक साथ) खरीदने के लिये निम्नलिखित लिंक्स का प्रयोग करें: 𝐃𝐫𝐢𝐬𝐡𝐭𝐢 𝐖𝐞𝐛𝐬𝐢𝐭𝐞: https://bit.ly/36u5qwD 𝐀𝐦𝐚𝐳𝐨𝐧: https://amzn.to/3lvMjGX 𝐅𝐥𝐢𝐩𝐤𝐚𝐫𝐭: https://bit.ly/37lO3NS =̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵ 👉 𝐌𝐚𝐢𝐧𝐬 𝐂𝐚𝐩𝐬𝐮𝐥𝐞 𝐒𝐞𝐫𝐢𝐞𝐬 की पुस्तकें खरीदने के लिये निम्नलिखित लिंक्स का प्रयोग करें: 𝐃𝐫𝐢𝐬𝐡𝐭𝐢 𝐖𝐞𝐛𝐬𝐢𝐭𝐞: https://bit.ly/2L0efWP 𝐀𝐦𝐚𝐳𝐨𝐧: https://amzn.to/2HYgpF9 =̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵ 👉 𝐑𝐀𝐒 𝐒𝐞𝐫𝐢𝐞𝐬 की पुस्तकें खरीदने के लिये निम्नलिखित लिंक्स का प्रयोग करें: 𝐃𝐫𝐢𝐬𝐡𝐭𝐢 𝐖𝐞𝐛𝐬𝐢𝐭𝐞: http://bit.ly/35hpX6T 𝐅𝐥𝐢𝐩𝐤𝐚𝐫𝐭: https://bit.ly/380zfWu 𝐀𝐦𝐚𝐳𝐨𝐧: http://amzn.to/3bbxw2L =̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵ 𝐅𝐨𝐫 𝐕𝐢𝐝𝐞𝐨 𝐮𝐩𝐝𝐚𝐭𝐞𝐬 𝐟𝐨𝐥𝐥𝐨𝐰 𝐮𝐬 𝐨𝐧 : 👉 Facebook : / drishtithevisionfoundation 👉 Twitter : / drishtiias 👉 Instagram : / drishtiias_hindi 👉 Telegram : https://t.me/drishtiiashindiofficial 👉 LinkedIn : / admin =̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵ 👉 𝐎𝐮𝐫 𝐑𝐞𝐠𝐮𝐥𝐚𝐫 𝐘𝐨𝐮𝐓𝐮𝐛𝐞 𝐏𝐫𝐨𝐠𝐫𝐚𝐦𝐬' 𝐏𝐥𝐚𝐲𝐥𝐢𝐬𝐭𝐬: 1. Videos by Dr. Vikas Divyakriti: http://bit.ly/2TF34TZ 2. Concept Talk- By Dr. Vikas Divyakirti: https://goo.gl/xNVMrm 3. Current News Bulletin: https://goo.gl/TRiKpS =̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵=̵ 👉 डेली न्यूज़ और एडिटोरियल: https://drishti.link/daily-news-edito... 👉 डेली करेंट अफेयर्स टेस्ट: https://goo.gl/PFwJ21 👉 प्रैक्टिस टेस्ट: https://goo.gl/nKY3fu 👉 लोकसभा और राज्यसभा टीवी डिबेट: https://goo.gl/hmtXgv 👉 मैप के माध्यम से अध्ययन: https://goo.gl/4TsnpC 👉 डेली मेंस आंसर राइटिंग प्रैक्टिस: https://goo.gl/3i5NXD #anarchocapitalism #philosophy #drishtiias