Anarcho-Communism
Libertarian socialism is a political philosophy dedicated to opposing what its advocates regard as illegitimate forms of authority and social hierarchy, most famously the institution of government. It has gone by various names: libertarian communism, anarcho-communism, left-anarchism, and, most commonly, anarchism. Libertarian socialists therefore believe in the abolition of private property in the means of production (communism) and abolition of the state as an unnecessary and harmful institution (anarchism/libertarianism).The text below is regarding Anarcho-Communism taken from http://www.wikipedia.org/wiki/Anarcho-communism
Libertarian socialists usually call themselves anarchists except when necessary to disambiguate or disassociate themselves with others who use the same term. Libertarian socialism should not be confused with Libertarianism either: the two philosophies are only alike in their professed love of liberty, hence the similarity in name. In this article, the terms libertarian socialism, libertarian communism, anarcho-communism, left-anarchism and anarchism are used as synonyms.
The basic philosophy of libertarian socialism is summed up in the name: adherents believe that management of the common good (socialism) is necessary, but that this should be done in a manner that preserves individual liberty and avoids concentration of power or authority (libertarianism). Some libertarian socialists say individual liberty and societal harmony are necessarily antagonistic, and anarchist philosophy must balance the two. Others feel that the two are symbiotic, and that the liberty of the individual guarantees the harmony of the society and vice-versa.
All the critiques that anarchists develop are based on principles of decentralization of power and authority. So, while anarchists have a critique of capitalism similar to Marxism, the basis for opposition to capitalism is that it leads to concentration of power (in the form of wealth). This critique highlights the distinction between libertarian socialists and Libertarians: libertarian socialists advocate freedom while denying, to a greater or lesser extent, the legitimacy of private property. Libertarians, by contrast, believe that liberty is impossible without the protection of private property.
Anti-capitalism
Libertarian socialists oppose "illegitimate" authority and social hierarchy -- some believe that all authority and hierarchy is illegitimate. They seek to replace authority and hierarchy with direct democracy and voluntary federation in all aspects of life, including physical communities and economic enterprises.
Libertarian socialists believe that productive property should be held communally and controlled democratically. For them, the only moral private properties are personal possesions.
Within the socialist libertarian movement there is much debate about the exact delineation between moral "personal" possesions and immoral "productive" property. Most agree that hard capital such as real estate, machinery, etc., should be considered "productive" property, while one's lodging and clothing should be considered "personal" property. Disagreement arises about the proper way to characterize property such as one's home when it is used to carry out business, for example. Adherents of capitalism or Austrian economics would argue that the distinction between "personal" and "productive" property is specious, and that consequently such paradoxes are doomed to arise regardless of the delineation chosen.
Opposition to the state
Anarchists are most famous for opposing the existence of states or government. Indeed, in the past many anarchists refused to defend themselves in court because they did not wish to participate in what they viewed as illegitimate institutions, instead choosing to go to jail or die.
The critique of states is built on the same principle opposing concentration of authority, which according to anarchists inevitably leads to abuse.
In lieu of states, libertarian socialists seek to organize themselves into voluntary institutions (usually called collectives) which use direct democracy or consensus for their decision-making process. Some libertarian socialists advocate combining these institutions using rotating, recallable delegates to higher-level federations. Others, however, have advanced strong critiques of federated systems, and these federations have rarely been carried out in practice. (For an example of anarchist federations, see spanish anarchism.)
Contrary to popular opinion, libertarian socialism has not traditionally been an utopian movement, tending to avoid dense theoretical analysis or prediction of what a future society would or should look like. The tradition instead has been that such decisions cannot be made now, and must be made through struggle and experimentation, so that the best solution can be arrived at democratically and organically, and to base the direction for struggle on established historical example.
Anarchists often suggest that this focus on exploration over predetermination is one of their great strengths. Critics counter that by refusing to explain how certain aspects of society would function under their system, anarchists are essentially avoiding questions that they cannot answer.
Anyone with knowledge regarding this Politico-Economic System enter the discussion.
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Originally Posted by Moody Lawless
Anarcho-Capitalism and Anarcho-Socialism are most definetly not in the same camp. Have you ever heard of laissez faire Capitalists and Communists working together?
). And because you didn't do it, I constructed a position that worked where AnCap/Objectivism fails (it works until I'm convinced by the private language argument, but I don't know if it will convince me).
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