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Coconut Island is an analogy to the coercion that naturally takes place when there is a power imbalance. The analogy is a rebuttal to the idea of "voluntary interactions" under the framework of [anarcho-capitalism]. The analogy goes as follows. You are on a plane which crash lands onto an island. You are one of the two only survivors. While you were unconscious, the other survivor gathered all of the coconuts on the island (the only source of food) into a pile, sheltered that pile with all the wreckage of the plane, and declare they own it. [And they say] they are willing to give you some coconuts if you throat your cock. The question then presented is, "Is that a voluntary [interaction]?"
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