Anarcho–communism (also known as anarchist communism, free communism, libertarian communism, and communist anarchism) is a theory of anarchism which advocates the abolition of the state, capitalism, wage labour, and private property (while retaining respect for personal property), and in favour of common ownership of the means of production, direct democracy, and a horizontal network of voluntary associations and workers’ councils with production and consumption based on the guiding principle: “From each according to his ability, to each according to his need”.
Some forms of anarchist communism, such as insurrectionary anarchism, are strongly influenced by egoism and radical individualism, believing anarcho-communism is the best social system for the realisation of individual freedom. Some anarcho-communists view anarcho-communism as a way of reconciling the opposition between the individual and society.
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