Portal:Libertarianism

Introduction

Libertarianism (from French: libertaire, lit. 'free and egalitarian'; or from Latin: libertas, lit. 'freedom') is a political philosophy that holds freedom, personal sovereignty, and liberty as primary values. Many libertarians believe that the concept of freedom is in accord with the Non-Aggression Principle, according to which each individual has the right to live as they choose, as long as they do not violate the rights of others by initiating force or fraud against them.

Libertarians advocate the expansion of individual autonomy and political self-determination, emphasizing the principles of equality before the law and the protection of civil rights, including the rights to freedom of association, freedom of speech, freedom of thought and freedom of choice. They generally support individual liberty and oppose authority, state power, warfare, militarism and nationalism, but some libertarians diverge on the scope and nature of their opposition to existing economic and political systems. (Full article...)

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The Austrian School is a heterodox school of economic thought that emphasizes the spontaneous organizing power of the price mechanism. Its name derives from the identity of its founders and early supporters, who were citizens of the old Austrian Habsburg Empire, including Carl Menger, Eugen von Böhm-Bawerk, Ludwig von Mises and Nobel laureate Friedrich Hayek. Currently, adherents of the Austrian School can come from any part of the world, but they are often referred to simply as Austrian economists and their work as Austrian economics.

The Austrian School was influential in the late 19th and early 20th century. Austrian contributions to mainstream economic thought include involvement in the development of the neoclassical theory of value and the subjective theory of value on which it is based as well as contributions to the "economic calculation debate" which concerns the allocative properties of a centrally planned economy versus a decentralized free market economy. From the middle of the 20th century onwards, it has been considered outside the mainstream, with notable criticisms related to the Austrian School leveled by economists such as Bryan Caplan, Jeffrey Sachs and Nobel laureates Paul Samuelson, Milton Friedman and Paul Krugman. Followers of the Austrian School are now most frequently associated with American libertarian political perspectives that emanate from such bodies as the Ludwig von Mises Institute and George Mason University in the United States.

Austrian School principles advocate strict adherence to methodological individualism—analyzing human action exclusively from the perspective of an individual agent. Austrian economists also argue that mathematical models and statistics are an unreliable means of analyzing and testing economic theory and advocate deriving economic theory logically from basic principles of human action, a method they term "praxeology". Additionally, whereas experimental research and natural experiments are often used in mainstream economics, Austrian economists contend that testability in economics is virtually impossible since it relies on human actors who cannot be placed in a lab setting without altering their would-be actions. Mainstream economists are generally critical of methodologies used by modern Austrian economists—in particular, a primary Austrian School method of deriving theories has been criticized by mainstream economists as a priori "non-empirical" analysis and differing from the practices of scientific theorizing as widely conducted in economics.

Austrian School economists generally hold that the complexity of human behavior makes mathematical modeling of an evolving market extremely difficult (or undecidable) and advocate a laissez faire approach to the economy. They advocate the strict enforcement of voluntary contractual agreements between economic agents and hold that commercial transactions should be subject to the smallest possible imposition of coercive forces. In particular, they argue for an extremely limited role for government and the smallest possible amount of government intervention in the economy.

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“

I see America with half the number of prisons, half the number of prisoners, ten thousand fewer homicides a year, inner cities in which there's a chance for these poor people to live without being afraid for their lives, citizens who might be respectable who are now addicts not being subject to becoming criminals in order to get their drug, being able to get drugs for which they're sure of the quality. You know, the same thing happened under prohibition of alcohol as is happening now.

Under prohibition of alcohol, deaths from alcohol poisoning, from poisoning by things that were mixed in with the bootleg alcohol, went up sharply. Similarly, under drug prohibition, deaths from overdose, from adulterations, from adulterated substances have gone up.

”

— Milton Friedman (1912–2006)
America's Drug Forum (1991)

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Credit: Nabokov

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General images

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

Image 1Spanish anarchist militiawomen during the 1936 Revolution (from Libertarianism)
Image 2Thomas Paine, whose theory of property showed a libertarian concern with the unequal distribution of resources under statism (from Libertarianism)
Image 3Tea Party movement protest in Washington, D.C., September 2009 (from Libertarianism)
Image 4A diagram of the typology of beliefs in libertarianism (both left and right, respectively) (from Libertarianism)
Image 5The Political Compass: the green quadrant represents left-libertarianism and the purple right-libertarianism (from Libertarianism)
Image 6Sébastien Faure, prominent French theorist of libertarian communism as well as atheist and freethought militant (from Libertarianism)
Image 7Murray Bookchin, American libertarian socialist theorist and proponent of libertarian municipalism and communalism (from Libertarianism)
Image 817 August 1860 edition of Le Libertaire, Journal du mouvement social, a libertarian communist publication in New York City (from Libertarianism)
Image 9Former 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 10John Locke, regarded as the father of liberalism (from Libertarianism)
Image 11Murray Bookchin, a left-libertarian (formerly) of the social anarchist school (from Left-libertarianism)
Image 12Gary Chartier, a left-libertarian of the free-market anti-capitalist school (from Left-libertarianism)
Image 13Members of the Spanish anarcho-syndicalist trade union Confederación Nacional del Trabajo marching in Madrid in 2010 (from Libertarianism)
Image 14The 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)

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Sarwark in 2016

Nicholas Joel Sarwark (born August 27, 1979) is an American attorney and businessman who served as the 19th chair of the Libertarian National Committee (LNC), the governing body of the Libertarian Party. Prior to his election in 2014, he served on several LP national committees and as chair of the Libertarian Party of Maryland State Committee and vice chair of the Libertarian Party of Colorado State Committee. As of 2020^[update], he is the only LP chair to have served three consecutive terms.

Sarwark declined to run for another term as LNC chair in 2020, and was succeeded by Joe Bishop-Henchman. (Full article...)

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