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[33] [34] With the modern development of right-libertarian ideologies such as anarcho-capitalism and minarchism co-opting [35] [36] [37] the term libertarian in the mid-20th century to instead advocate laissez-faire capitalism and strong private property rights such as in land, infrastructure and natural resources, [38] the terms left ...
As a term, libertarian or economic libertarian has the most everyday acceptance to describe a member of the movement, with the latter term being based on both the ideology's importance of economics and its distinction from libertarians of the New Left. [88] A diagram of the typology of beliefs in libertarianism (both left and right, respectively)
Libertarianism is not about anarchy, utopia, or selfishness. Instead, libertarians simply are skeptical of 'nanny government,' and recognize the many ways state power has been abused in the past. They believe that government programs like health assistance, Social Security, foreign aid, and corporate welfare do more harm than good.
Like liberals, libertarians believe in personal freedom. Authoritarians favor a lot of government control in both the personal and economic areas. Different versions of the chart as well as Nolan's original chart use terms such as " totalitarian ", " statist ", " communitarian " or " populist " to label this corner of the chart.
The "poverty and welfare" issues page of the Libertarian Party's website says that it opposes regulation of capitalist economic institutions and advocates dismantling the entirety of the welfare state: We should eliminate the entire social welfare system. This includes eliminating food stamps, subsidized housing, and all the rest.
As a term, libertarian or economic libertarian has the most colloquial acceptance to describe a member of the movement, with the latter term being based on both the ideology's primacy of economics and its distinction from libertarians of the New Left. [54] According to Ian Adams: "Ideologically, all US parties are liberal and always have been.
Other libertarians such as geolibertarians or left-libertarians believe the Earth cannot legitimately be held in allodium, that usufructuary title with periodic land value capture and redistribution avoids both the tragedy of the commons and the tragedy of the anticommons while respecting equal rights to natural resources.
The following outline is provided as an overview of and topical guide to libertarianism: Libertarianism – political philosophy that upholds liberty as its principal objective. As a result, libertarians seek to maximize autonomy and freedom of choice, emphasizing political freedom, voluntary association and the primacy of individual judgment.