1.4.1. The Concept of Ancap

By connecting individual premises scattered across the previous three sections of the book, we can formulate what a society in which libertarian principles are most fully observed looks like.

First, this society is anarchic, because it is only with such an approach that a permanent (and prone to expansion) institution of power over people is not formed, while power over people is interpreted by libertarians as a phenomenon that should be minimized as much as possible. Instead of an institution of power, the coordination of actions between equal subjects develops.

Second, this society is capitalist, because it is under this system that market relations receive the greatest development (through the translation of most transactions into the commodity-money plane). The market ensures efficient decentralized coordination of individual plans—and therefore reduces the prerequisites for the escalation of conflicts, which promotes the widespread observance of libertarian principles.

Such a society is simply called anarcho-capitalism or, in short, ancap. In literature, an alternative name is sometimes used—market anarchism —however, it did not take root in the Russian-speaking community.


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