Why are people so affraid of anarchy?

[Pat Mustard]

Ok, well then I'm still totally confused lol. Chuck said "it isn't owning a business that's the problem, it's the buying and selling of it". What exactly is the problem with capitalism then if it isn't that?

Well, numerous examples have been given in this thread, IIRC, but my #1 gripe would be the ever-widening income gap between the haves and the have-nots.

Furthermore, I don't have a problem with capitalism per se, I have a problem with insufficiently regulated capitalism.

Insufficiently regulated is the only type of capitalism. Once you start telling the owners of capital what they can and can't do it ceases being capitalism and starts resembling classical mercantilism.

Oh, and I'll also note that it was when capital was both heavily regulated and taxed that saw the greatest period of sustained growth and mass prosperity. Surely it's time to retry the social democrat experiment.

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The fact that he uses medieval knights bossing everyone around as an example is priceless as well.

Why is that example wrong, exactly? They were trying to stop people from being violent by having knights (=police) go everywhere and by having insane torture methods. Yet, the violence was very high. Today, police intervenes much less often and is much less cruel. But, the violence is much lower than it was in the Middle Ages. By that logic, there would be the least crime if there was no government trying to stop crime at all.

You're wrong on this. Knights are the sine qua non of crminal gangs taking over in an anarchistic situation. After the fall of western Rome and its successor states, around the 8-9th centuries CE local strongpoints were taken over by robber gangs (the leaders appointing themselves barons and their followers knights), and sacking everything of value in their areas. It was only two to three centuries later through a combination of agglomeration (think Fulk Nerra) and royal centralisation (think what William the Bastard did after the Norfolk rebellion) that the chivalric code was imposed on the thugs from above and what we now think of as knights were invented.