Libertarianism

Libertarianism is a political philosophy that upholds liberty as a core principle. Libertarians seek to maximize autonomy and political freedom, emphasizing free association, freedom of choice, individualism and voluntary association. Libertarianism shares a skepticism of authority and state power, but libertarians diverge on the scope of their opposition to existing economic and political systems.

History

The term libertarianism originated in the late 18th century as a synonym for liberalism. It was first used by Enlightenment philosophers who believed that individuals have a natural right to liberty. John Locke and Adam Smith are often cited as the founders of libertarian thought with their theories of natural rights and laissez-faire economics.

Philosophy

Libertarian philosophy is divided into two types: minarchism and anarchism. Minarchists believe in a minimal state that only provides law enforcement, courts, and defense. Anarchists, on the other hand, believe in the complete abolition of the state.

Criticism

Critics of libertarianism often argue that it fails to provide for the welfare of the poor and disadvantaged. They also argue that libertarianism can lead to economic inequality and a lack of social cohesion.

See also

• Anarcho-capitalism
• Classical liberalism
• Libertarian socialism
• Objectivism (Ayn Rand)

External links

• Libertarianism.org
• Cato Institute

Libertarianism Resources
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