Definition
Libertarianism generally favors strong civil liberties, private property, voluntary exchange, and narrow government authority. Libertarians differ on foreign policy, social issues, and how minimal the state should be.
Political Dictionary
Libertarianism
Libertarianism is a political philosophy that places a high value on individual liberty and limited government.
Why It Matters
It shapes debates over taxation, regulation, privacy, speech, criminal law, and personal autonomy.
How It Works
Libertarian policy typically seeks to reduce coercive government intervention and expand voluntary choice.
History
Modern libertarian thought draws from classical liberalism, natural-rights theory, and free-market economics.
Example
A libertarian may support both lower taxes and fewer restrictions on personal behavior.
Common Misconceptions
- Libertarianism means no laws at all.
- Every libertarian supports anarchism.
- Libertarians are always socially conservative.
Related Terms
Related Topics
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