I just read the first paragraph or so and to my mind it’s either socialist propaganda or ignorant folly.
"Anarcho-capitalists share Adam Smith’s confidence that somehow private interest will translate itself into public good rather than public squalor. "
There is no “somehow” … from Adam Smith onward through dozens of both mainline and Austrian school economists, it’s quite clear HOW and anyone who’s studied economics will know this.
Further, we can gain confidence that this is true as the last two hundred years have seen increasing freedom of markets and people and during that time - as power has been decentralized (a move toward individualism/anarchy), we’ve produced an abundance of wealth like never before in history.
This occurred via entrepreneurship and risk taking on a mass scale that cannot ever take place under a centralized system of power.
What we have today in government is fascism through and through. The politicians and their lacky economists and banksters realized the failing of communism as it couldn’t determine prices … so the step back from that is fascism - economically further to the right, but still giving them firm control.
The US became the powerhouse it did starting back in the 1800’s due to very low regulation and very low taxes … this created mass wealth - growing the middle class to a level beyond anything in history - this was when the US was closest to being an AnCap nation.
But it still had a central government … and as happens when such a government exists, the oligarchy grow envious of the entrepreneurs who are entre-preying on their wealth and status by coming up with better ways to making things and better things to make … so these oligarchs lobby government to enact regulations that make market entry difficult.
Add to that the banksters from the old world who, through counterfeiting has learned to control the success and creativity of the masses by stripping them constantly of the wealth they create, stepped in and created a central bank to do the same in the US … President Andrew Jackson shut that down for 80 years, but in 1913, the banksters tried again and created the Federal Reserve Bank of the US. Since then we’ve had endless wars (wherein the people are forced to repay loans of both winner and loser). And if they don’t pay it back? … no worries, we’ll just have periods of hyperinflation to mass steal it all back from them … did I mention that the “money” loaned was fake in the first place? It’s a big scam - all Statism is just a big scam.
If/when we get good anonymous money that is untrackable and untraceable, then the banks are completely screwed and governments will no longer be able to control the wealth of the people. I think Safe Network tokens could be that new money. Then society will decentralize naturally and this fascist world order can finally die.
AnCap for the win.