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

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