anarcho-capitalismn.
/əˌnɑːkəʊˈkapᵻtl̩ɪz(ə)m/, U.S. /æˌnɑrkoʊˈkæpədlˌɪzəm/, /əˌnɑrkoʊˈkæpədlˌɪzəm/, /ˌænərkoʊˈkæpədlˌɪzəm/ Politics.
A theory or ideology based on a belief in the freedom to own private property, a rejection of any form of governmental authority or intervention, and the upholding of the competitive free market as the main mechanism for social interaction.
ΘΚΠ
society > authority > rule or government > politics > political philosophy > specific political theories or doctrines > [noun] > capitalism > type of
late capitalism1912
welfare capitalism1924
neocapitalism1930
anarcho-capitalism1969
1969 Los Angeles Times 3 Nov. ii. 6/4 Their philosophy can best be described by a term that they themselves often use, 'anarcho-capitalism'. This philosophy has been rejected by the overwhelming majority of all members of Young Americans for Freedom, both libertarian and traditionalist.
1988 F. Harrison in R. Beiner et al. Democratic Theory & Technol. Soc. 166 So-called ‘anarchocapitalism’ attacks the welfare state and the socialist state, but in the name of the liberal right to unequal property.
2018 Wired (Nexis) July (Features section) 80 While Arthur came to develop an affinity for anarcho-capitalism, he had little patience for its emphasis on the evils of central bankers.
This entry has been updated (OED Third Edition, June 2021; most recently modified version published online December 2021).
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n.1969