anarchism is largely socialistic. Rothbard argued that individualist anarchism is different from anarcho-capitalism and other capitalist theories due to the individualist anarchists retaining the labor theory of value and socialist economics. Many anarchist activists and scholars deny that anarcho-capitalism is a form of anarchism, or that capitalism is compatible with anarchism, regarding it instead as right-libertarian. Anarcho-capitalists are distinguished from anarchists and minarchists. The latter advocate a night-watchman state limited to protecting individuals from aggression and enforcing private property. On the other hand, anarchists support personal property (defined in terms of possession and use, i.e. mutualist usufruct)Hargreaves, David H. London (2019). Beyond Schooling: An Anarchist Challenge. London: Routledge. pp. 90–91. . "Ironically, Proudhon did not mean literally what he said. His boldness of expression was intended for emphasis, and by 'property' he wished to be understood what he later called 'the sum of its abuses'. He was denouncing the property of the man who uses it to exploit the labour of others without any effort on his own part, property distinguished by interest and rent, by the impositions of the non-producer on the producer. Towards property regarded as 'possession' the right of a man to control his dwelling and the land and tools he needs to live, Proudhon had no hostility; indeed, he regarded it as the cornerstone of liberty, and his main criticism of the communists was that they wished to destroy it." and oppose capital concentration, interest, monopoly, private ownership of productive property such as the means of production (capital, land and the means of labor), profit, rent, usury and wage slavery which are viewed as inherent to capitalism.McKay, Iain (2008). An Anarchist FAQ. I. "Anarchism and 'anarcho'-capitalism" Oakland/Edinburgh: AK Press. . Anarchism's emphasis on anti-capitalism, egalitarianism and for the extension of community and individuality sets it apart from anarcho-capitalism and other types of right-libertarianism.Gay, Kathlyn; Gay, Martin (1999). Encyclopedia of Political Anarchy. ABC-CLIO. p. 15. . "For many anarchists (of whatever persuasion), anarcho-capitalism is a contradictory term, since 'traditional' anarchists oppose capitalism".Franks, Benjamin (August 2013). Freeden, Michael; Stears, Marc (eds.). "Anarchism". The Oxford Handbook of Political Ideologies. Oxford University Press: 385–404. . "Individualisms that defend or reinforce hierarchical forms such as the economic-power relations of anarcho-capitalism [...] are incompatible with practices of social anarchism. [...] Increasingly, academic analysis has followed activist currents in rejecting the view that anarcho-capitalism has anything to do with social anarchism" (pp. 393–394).