and managed in common as a way of maintaining common goods. Market anarchists recognize that anarchism has been historically identified with the socialist and anti-capitalist movement, arguing that anarcho-capitalists should explicitly reject capitalism and identify with the global anti-capitalist movement since by capitalism they mean the free market rather than actually existing capitalism, of which they are critics rather than capitalism itself, arguing that the problem rests on cronyism and state capitalism. The latter is used by anarchists to criticize state socialism as nothing more than state capitalism. Much like socialism has been conflated with state socialism in the 20th century due to Marxist–Leninist states, capitalism has been similarly conflated with the free market when capitalism was coined in the 18th century to mean a construed political system built on privileges for the owners of capital. Left-wing market anarchists argue that capitalism necessarily rest on the state to survive and that it was always seen as what would be later termed state capitalism. Those anarchists make the point that free market for classical economists such as Adam Smith did not mean a market free from government or social interference as it is now commonly assumed or as anarcho-capitalists argue, but rather free from all forms of economic privilege, monopolies and artificial scarcities, implying that economic rents, i.e. profits generated from a lack of perfect competition, must be reduced or eliminated as much as possible through free competition. Those anarchists argue that a true free-market or laissez-faire system would be better served under socialism rather than capitalism. Anarcho-socialism or socialist anarchism are rejected by anarchists since they consider themselves socialists of the libertarian tradition and are used by anarcho-capitalist theorists and scholars who recognize anarcho-capitalism to differentiate between the two. Globalization Anarchists are actively involved in the anti-globalization movement, seeing corporate globalization as a neocolonialist attempt to use economic coercion on a global scale, carried out through state institutions such as the Group of Eight, the World Bank, the World Economic Forum and the World Trade Organization. Globalization is an ambiguous term that has different meanings to different anarchist factions. Many anarchists use the term to mean cultural imperialism and neocolonialism which they see as related. Anarcho-capitalists use globalization to mean the worldwide expansion of the division of labor and trade which they see as beneficial so long as governments do not intervene. Anarcho-capitalists see the worldwide expansion of the division