Like their predecessors, anarcho-capitalists would love for all services, together with legislation enforcement and safety, to be performed by a number of private providers all competing for business, somewhat than by a monopolist state company funded by taxation. Anarcho-capitalism’s leading proponents are Murray Rothbard, David Friedman and Hans-Hermann Hoppe. It has been influenced by libertarians similar to Gustave de Molinari, Frederic Bastiat, Ayn Rand and Robert Nozick. Unlike anarcho-communists, they supported the exchange of labor for wages. They accepted a labor concept of value, believing that free-market competitors would trigger what they believed to be non-labor revenue (revenue, lease and curiosity) to disappear.
In response, the anti-authoritarian sections fashioned their own International at the St. Imier Congress, adopting a revolutionary anarchist program. In Europe, harsh response followed the revolutions of 1848. Twenty years later in 1864 the International Workingmen’s Association, typically referred to as the ‘First International’, united some various … Read More