The present paper formulates the principled anarcho-capitalist case against the state and investigates the possible minarchist replies thereto. It identifies three and only three logically available ways of undermining the anarcho-capitalist case and argues that none of them works for minarchism due to the premises from which this theory starts. The sketch of the analysis presented in the paper suggests that minarchist research program falls short of theoretical soundness or even of logical validity.

Walter Block discusses publications by Robert Nozick, the unjustifiably ignored Michael Levin, and Ayn Rand, each of whom has criticized anarcho-capitalism, the system that takes laissez-faire capitalism to its logical extension: here, all goods and services, particularly including courts, police, and armies would be provided by competing private firms and individuals. This paper considers their arguments and rejects them.