Anarcho-capitalism in the context of "Self-ownership"

Murray Newton Rothbard (/ˈrɒθbɑːrd/; March 2, 1926 – January 7, 1995) was an American economist of the Austrian School, economic historian, political theorist, and activist. Rothbard was a central figure in the 20th-century American libertarian movement, particularly its right-wing strands, and was a founder and leading theoretician of anarcho-capitalism. He wrote over twenty books on political theory, history, economics, and other subjects.

Rothbard argued that all services provided by the "monopoly system of the corporate state" could be provided more efficiently by the private sector and wrote that the state is "the organization of robbery systematized and writ large". He called fractional-reserve banking a form of fraud and opposed central banking. He categorically opposed all military, political, and economic interventionism in the affairs of other nations.

Benjamin Ricketson Tucker (/ˈtʌkər/; April 17, 1854 – June 22, 1939) was an American individualist anarchist and self-identified socialist. Tucker was the editor and publisher of the American individualist anarchist periodical Liberty (1881–1908). Tucker described his form of anarchism as "consistent Manchesterism" and "unterrified Jeffersonianism".

Tucker looked upon anarchism as a part of the broader socialist movement. Tucker harshly opposed state socialism and was a supporter of free-market socialism and libertarian socialism which he termed anarchist or anarchistic socialism. He connected the classical economics of Adam Smith and the Ricardian socialists as well as that of Josiah Warren, Karl Marx and Pierre-Joseph Proudhon to socialism. Some modern commentators have described Tucker as an anarcho-capitalist, although this has been disputed by others. During his lifetime, Tucker opposed capitalism and considered himself a socialist due to his belief in the labor theory of value and disputed many of the dictionary definitions of the term which he believed were inaccurate.

Market anarchism is the branch of anarchism that advocates a free-market economic system based on voluntary interactions without the involvement of the state; a form of individualist anarchism.

Due to contending definitions of the terms 'markets' and 'capitalism' which are not used by free-market anti-capitalists, anarcho-capitalism has been referred to synonymously as "free-market anarchism," but the ideologies differ significantly. The Center for a Stateless Society (C4SS), which Kevin Carson is associated with, is one such group of free-market anti-capitalists. As is Samuel Edward Konkin III's agorism, a tendency associated with left-libertarianism.

Jurisdictional arbitrage is the practice of taking advantage of discrepancies between competing legal jurisdictions. It takes its name from arbitrage, the practice in finance of purchasing a good at a lower price in one market and selling it at a higher price in another. Just as in financial arbitrage, the attractiveness of jurisdiction arbitrage depends largely on its transaction costs, here the costs of switching legal service providers from one government to another.

The lower the exit costs for leaving the jurisdiction (unrestricted emigration, cheap travel, liquidity of assets) the more desirable and feasible it is. Conversely, high entry costs into the more favourable jurisdiction are an inhibitor on jurisdictional arbitrage; certain tax havens such as Andorra grant permanent residency rights to immigrants only if they meet certain criteria. Jurisdictional arbitrage is a significant concept in modern free market anarcho-capitalism.

Karl Hess (born Carl Hess III; May 25, 1923 – April 22, 1994) was an American speechwriter and author. He was also a political philosopher, editor, welder, motorcycle racer, tax resister, and libertarian activist. His career included stints on the Republican right and the New Left before embracing a mix of left-libertarianism and laissez-faire anarcho-capitalism, a term which is attested earliest in his 1969 essay "The Death of Politics". Later in life, he summed up his role in the economy by remarking "I am by occupation a free marketer (crafts and ideas, woodworking, welding, and writing)." His views were similar to those of Samuel Edward Konkin III.