Most people believe that society needs government to protect people and property, but there are those who oppose the idea of the state, seeing any form of government as restricting freedom and instead believe that individuals either through mutual participation or collective ownership can meet the same needs and goals. Anarchism as a political philosophy has been around for a long time with many variations, but one version, Anarcho-capitalism is a modern theory. Anarcho-capitalists believe that society can run effectively without the intervention of government and that market capitalism forms the basis of a free society. These anarchists advocate for protecting personal property, a self-regulated market, and the voluntary trade of goods and services.
Detractors of Anarcho-capitalism say that the theory lacks real world feasibility, as self-enforcement has limits not accounted for by the market economy. In other words how do you make the unwilling participate, protect property, and get people to follow rules. Peter Leeson, an economist and Professor of Capitalism at George Mason University is one of those who believes that self governance works better than we all think and Leeson is using an unusual example to make his point–18th and 19th Century pirates.
According to Leeson in “An-aargh: The Law and Economics of a Pirate, “Pirates are known for raucousness, recklessness, and chaotic rapine. Real-life pirates were highly-organized criminals. Unlike the swash-buckling psychopaths of fiction, historical pirates displayed sophisticated organization and coordination.” Legends aside, pirates might have been the first Anarcho-capitalists. Although piracy was a criminal enterprise, pirate society was highly organized for the purpose of mutual gain. Pirates had sophisticated codes, laws, and rules for protecting personal property from theft, providing compensation for the injured, and punishing miscreants.

In addition pirate society divided power in a unique way among its members. Through voluntary participation, articles and constitutions, quartermasters, and unanimous consent, the division of power protected individual pirates from tyrannical and abusive captains. Some historians believe that it was this unequal relationship of crew to captain in the British Navy, and the abuse that it engendered that accounted for the rise in piracy in the 18th Century.



















