Libertarian

Libertarianism (Latin: liber, "free") is a collection of political philosophies that uphold liberty. Libertarians seek to maximize autonomy and freedom of choice, emphasizing the value of political freedom, voluntary association, and the importance of individual judgment, and the rule of law.

Libertarians generally share a skepticism of authority and maintain that the power of the state has to be limited in order to protect citizens from the arbitrary exercise of authority. However, they diverge on the scope of their opposition to existing political and economic systems. Various schools of libertarian thought offer a range of views regarding the legitimate functions of state and private power, often calling to restrict or to dissolve coercive social institutions. However, they adhere to a just concept of moral rightness based on ethics, rationality, law, or equity that governs social, economic and cultural conditions conducive to human dignity.

Some libertarians advocate laissez-faire capitalism and strong private property rights, such as in land, infrastructure, and natural resources. Others, notably libertarian socialists, seek to abolish capitalism and private ownership of the means of production in favor of their common or cooperative ownership and management. Some libertarian socialists (especially anarchists) see private property as a barrier to complete freedom and liberty. An additional line of division is between minarchists and anarchists. While minarchists think that a minimal centralized government is necessary, anarchists propose to completely eliminate the state.

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