Anarcho-capitalism

Anarcho-capitalism (also referred to as free market anarchism, market anarchism, and private-property anarchism) is a libertarian political philosophy that advocates the elimination of the state in favor of individual sovereignty in a free market. In an anarcho-capitalist society, law enforcement, courts, and all other security services would be provided by privately funded competitors rather than through taxation, and money would be privately and competitively provided in an open market. Therefore, personal and economic activities under anarcho-capitalism would be regulated by privately run law rather than through politics.