No.This illustrates a basic weakness of anarcho crapitalist theory...it
falls in a pile at the first sign of reality.Being ahistorical and
beginning with precepts based on blind faith will only get you so far.
Is Medieval Iceland an example of "anarcho"-capitalism working in practice?
An excellent left-libertarian refutation of this position. Part of An
Anarchist FAQ Webpage. Some rebuttals are available at David Friedman's
home page.
Is "anarcho"-capitalism a type of anarchism?
Description (and criticism) of the differences between left libertarianism
and anarcho-capitalism (right libertarianism.)
What are the myths of capitalist economics?
http://world.std.com/~mhuben/leftlib.html