This is an excerpt from a discussion I had on the topic.
I think that anarcho-capitalism, in praxis, is pretty stupid. The idea that privately controlled, profit-driven corporations can be trusted to operate ethically devoid of environmental and anti-trust regulation is plainly preposterous. It’s difficult to imagine a reality where an anarcho-capitalist “state” is able to function democratically without public affairs being compromised by private interests. There isn’t much more to say about it – take a look at how the Banana republics in Central America turned out.
If there’s one thing I happen to agree with conservatives on, it’s that the average human is incapable of appreciating “good” beyond the limits of their personal own life. The prospect of a society sacrificing the urges of individual greed for the sake of mutual benefit is disappointingly unrealistic. While there are many things I like about anarchist-communism, I think it’s simply unviable to implement peacefully. However, I’m very interested to explore the possibility of such a society functioning in the form of smaller, autarkic communes under a larger administrative entity to manage larger issues that may concern the health of the larger republic, like national diplomacy, defense or trade.