Anarcho-capitalism is a political philosophy that advocates for the elimination of the state and the establishment of a society based on voluntary interactions and private property rights. In an anarcho-capitalist system, all services, including law enforcement, courts, and national defense, are provided by competing private entities rather than a government. These entities would operate within a framework of contracts and free markets. For example, individuals might subscribe to private protection agencies for security, and disputes could be resolved through arbitration or private courts. Anarcho-capitalists believe this system would lead to greater individual liberty, economic prosperity, and social harmony compared to systems with government intervention.