What is Anarcho-capitalism?
“I define anarchist society as one where there is no legal possibility for coercive aggression against the person or property of any individual.” – Murray Rothbard –

Anarcho-capitalists, or ancaps for short, believe that the existence of a state (an organization with a monopoly on law) is ethically unjustifiable and/or deeply harmful to a society. Many ancaps also refer to themselves as “voluntaryists” because they believe that all human relations should happen voluntarily or not at all. We believe that free people serving each other in free markets are more than capable of providing for all the needs of a society, including roads, education, military defense, and even law itself. Not only can these services be provided without a central government, but they would almost certainly be provided more efficiently in a free market. Many anarcho-capitalists believe that anarcho-capitalism is simply the result of taking libertarianism and the non-aggression principle to their logical conclusions (i.e. that the existence of an involuntary state is inherently incompatible with the non-aggression principle). Others support anarcho-capitalism primarily for pragmatic or economic reasons.

Although Murray Rothbard is often regarded as the founder of anarcho-capitalism, the school of thought traces it’s ideas back much further; at least to the classical liberals of the 17th and 18th centuries. The first person to make the argument that markets can provide for security better than monopolies, a central principle in anarcho-capitalism, was a French classical liberal by the name of Gustave de Molinari.

“Everywhere, men resign themselves to the most extreme sacrifices rather than do without government and hence security, without realizing that in so doing, they misjudge their alternatives.”– Gustave de Molinari –

Black and Yellow

Black and yellow are the most common colors associated with anarcho-capitalism. Black symbolizes the absence of the state and is used by virtually all schools of anarchist thought. Yellow represents free markets and the classical liberal tradition from which many anarcho-capitalist and other market anarchist thinkers draw inspiration. The design of the flag was modeled after other schools of anarchist thought such as anarcho-syndicalism, which often uses a black and red bisected flag. The flag was first used in public at an event in Colorado in 1963.

Black and Gray

Agorism, a term coined by Samuel Edward Konkin III, refers to a branch of anarchist thought closely related to anarcho-capitalism, but which emphasizes a strategy of eschewing voting and marginalizing the state by transacting in black and gray markets. Therefore, the black of the anarchist flag takes on a dual meaning in the black and gray agorist flag. Black markets refer to markets for products and services that do not require aggression, but which are forbidden by the state. Gray markets involve transactions that are neither taxed, nor monitored by the state.