Portal:Libertarianism

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Introduction

Libertarianism (from French: libertaire, itself from the Latin: libertas, lit. 'freedom') is a political philosophy that upholds liberty as a core value. Libertarians seek to maximize autonomy and political freedom, emphasizing equality before the law and civil rights to freedom of association, freedom of speech, freedom of thought and freedom of choice. Libertarians often oppose authority, state power, warfare, militarism and nationalism, but some libertarians diverge on the scope of their opposition to existing economic and political systems. Various schools of libertarian thought offer a range of views regarding the legitimate functions of state and private power. Different categorizations have been used to distinguish various forms of Libertarianism. Scholars distinguish libertarian views on the nature of property and capital, usually along left–right or socialist–capitalist lines. Libertarians of various schools were influenced by liberal ideas.

In the mid-19th century, libertarianism originated as a form of left-wing politics such as anti-authoritarian and anti-state socialists like anarchists, especially social anarchists, but more generally libertarian communists/Marxists and libertarian socialists. These libertarians sought to abolish capitalism and private ownership of the means of production, or else to restrict their purview or effects to usufruct property norms, in favor of common or cooperative ownership and management, viewing private property in the means of production as a barrier to freedom and liberty. While all libertarians support some level of individual rights, left-libertarians differ by supporting an egalitarian redistribution of natural resources. Left-libertarian ideologies include anarchist schools of thought, alongside many other anti-paternalist and New Left schools of thought centered around economic egalitarianism as well as geolibertarianism, green politics, market-oriented left-libertarianism and the Steiner–Vallentyne school. After the fall of the Soviet Union, libertarian socialism grew in popularity and influence as part of anti-war, anti-capitalist and anti- and alter-globalisation movements. (Full article...)

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Minarchism is a libertarian political ideology which maintains that the state's only legitimate function is the protection of individuals from aggression, theft, breach of contract and fraud (such states are sometimes called night watchman states). Some minarchists defend the existence of the state as a necessary evil. Minarchism is closely associated with right-libertarianism, propertarianism and classical liberalism.

Samuel Edward Konkin III, an agorist, coined the term in 1971 to describe libertarians who defend some form of compulsory government. Konkin invented the term "minarchism" because he initially felt dismayed of using the cumbersome phrase "limited-government libertarianism".

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My idea of a perfect government is one guy who sits in a small room at a desk, and the only thing he's allowed to decide is who to nuke. The man is chosen based on some kind of IQ test, and maybe also a physical tournament, like a decathlon. And women are brought to him, maybe...when he desires them.

”

— Ron Swanson (2009)
Parks and Recreation (Season 1)

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General images

The following are images from various libertarianism-related articles on Wikipedia.

Image 1Sébastien Faure, prominent French theorist of libertarian communism as well as atheist and freethought militant (from Libertarianism)
Image 2Spanish anarchist militiawomen during the 1936 Revolution (from Libertarianism)
Image 3Gary Chartier, a left-libertarian of the free-market anti-capitalist school (from Left-libertarianism)
Image 4John Locke, regarded as the father of liberalism (from Libertarianism)
Image 5A diagram of the typology of beliefs in libertarianism (both left and right, respectively). (from Libertarianism)
Image 6Members of the Spanish anarcho-syndicalist trade union Confederación Nacional del Trabajo marching in Madrid in 2010 (from Libertarianism)
Image 717 August 1860 edition of Le Libertaire, Journal du mouvement social, a libertarian communist publication in New York City (from Libertarianism)
Image 8Murray Bookchin, a left-libertarian of the social anarchist school (from Left-libertarianism)
Image 9The Political Compass: the green quadrant represents left-libertarianism and the purple right-libertarianism. (from Libertarianism)
Image 10Murray Bookchin, American libertarian socialist theorist and proponent of libertarian municipalism and communalism (from Libertarianism)
Image 11Former Congressman Ron Paul, a self-described libertarian, whose presidential campaigns in 2008 and 2012 garnered significant support from youth and libertarian Republicans (from Libertarianism)
Image 12The Nolan Chart, created by American libertarian David Nolan, expands the left–right line into a two-dimensional chart classifying the political spectrum by degrees of personal and economic freedom (from Libertarianism)
Image 13Tea Party movement protest in Washington, D.C., September 2009 (from Libertarianism)
Image 14Thomas Paine, whose theory of property showed a libertarian concern with the redistribution of resources (from Libertarianism)

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Milton Friedman (/ˈfriːdmən/ ^ⓘ; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. With George Stigler, Friedman was among the intellectual leaders of the Chicago school of economics, a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago that rejected Keynesianism in favor of monetarism until the mid-1970s, when it turned to new classical macroeconomics heavily based on the concept of rational expectations. Several students, young professors and academics who were recruited or mentored by Friedman at Chicago went on to become leading economists, including Gary Becker, Robert Fogel, and Robert Lucas Jr.

Friedman's challenges to what he called "naive Keynesian theory" began with his interpretation of consumption, which tracks how consumers spend. He introduced a theory which would later become part of mainstream economics and he was among the first to propagate the theory of consumption smoothing. During the 1960s, he became the main advocate opposing Keynesian government policies, and described his approach (along with mainstream economics) as using "Keynesian language and apparatus" yet rejecting its initial conclusions. He theorized that there existed a natural rate of unemployment and argued that unemployment below this rate would cause inflation to accelerate. He argued that the Phillips curve was in the long run vertical at the "natural rate" and predicted what would come to be known as stagflation. Friedman promoted a macroeconomic viewpoint known as monetarism and argued that a steady, small expansion of the money supply was the preferred policy, as compared to rapid, and unexpected changes. His ideas concerning monetary policy, taxation, privatization, and deregulation influenced government policies, especially during the 1980s. His monetary theory influenced the Federal Reserve's monetary policy in response to the global financial crisis of 2007–2008. (Full article...)

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Lysander Spooner Adam Smith Frédéric Bastiat Murray Bookchin Murray Rothbard Ayn Rand Ron Paul Mary Ruwart Noam Chomsky Lew Rockwell Walter Block Steve Kubby Hans-Hermann Hoppe Randy Barnett John Stossel Nicholas Sarwark Gary Johnson Jo Jorgensen