Portal:Libertarianism
Introduction
Libertarianism (from French: libertaire, itself from the Latin: libertas, lit. 'freedom') is a political philosophy that upholds liberty as a core value. Libertarians seek to maximize autonomy and political freedom, emphasizing equality before the law and civil rights to freedom of association, freedom of speech, freedom of thought and freedom of choice. Libertarians are often skeptical of or opposed to authority, state power, warfare, militarism and nationalism, but some libertarians diverge on the scope of their opposition to existing economic and political systems. Various schools of libertarian thought offer a range of views regarding the legitimate functions of state and private power. Different categorizations have been used to distinguish various forms of Libertarianism. Scholars distinguish libertarian views on the nature of property and capital, usually along left–right or socialist–capitalist lines. Libertarians of various schools were influenced by liberal ideas.
In the mid-19th century, libertarianism originated as a form of left-wing politics such as anti-authoritarian and anti-state socialists like anarchists, especially social anarchists, but more generally libertarian communists/Marxists and libertarian socialists. These libertarians sought to abolish capitalism and private ownership of the means of production, or else to restrict their purview or effects to usufruct property norms, in favor of common or cooperative ownership and management, viewing private property in the means of production as a barrier to freedom and liberty. While all libertarians support some level of individual rights, left-libertarians differ by supporting an egalitarian redistribution of natural resources. Left-libertarian ideologies include anarchist schools of thought, alongside many other anti-paternalist and New Left schools of thought centered around economic egalitarianism as well as geolibertarianism, green politics, market-oriented left-libertarianism and the Steiner–Vallentyne school. After the fall of the Soviet Union, libertarian socialism grew in popularity and influence as part of anti-war, anti-capitalist and anti- and alter-globalisation movements. (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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| “ | Even more remarkably, the Libertarian party achieved this growth while consistently adhering to a new ideological creed—"libertarianism"—thus bringing to the American political scene for the first time in a century a party interested in principle rather than in merely gaining jobs and money at the public trough. We have been told countless times by pundits and political scientists that the genius of America and of our party system is its lack of ideology and its "pragmatism" (a kind word for focusing solely on grabbing money and jobs from the hapless taxpayers). How, then, explain the amazing growth of a new party which is frankly and eagerly devoted to ideology?
One explanation is that Americans were not always pragmatic and nonideological. On the contrary, historians now realize that the American Revolution itself was not only ideological but also the result of devotion to the creed and the institutions of libertarianism. The American revolutionaries were steeped in the creed of libertarianism, an ideology which led them to resist with their lives, their fortunes, and their sacred honor the invasions of their rights and liberties committed by the imperial British government. Historians have long debated the precise causes of the American Revolution: Were they constitutional, economic, political, or ideological? We now realize that, being libertarians, the revolutionaries saw no conflict between moral and political rights on the one hand and economic freedom on the other. On the contrary, they perceived civil and moral liberty, political independence, and the freedom to trade and produce as all part of one unblemished system, what Adam Smith was to call, in the same year that the Declaration of Independence was written, the "obvious and simple system of natural liberty." |
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| — Murray Rothbard (1926–1995) For a New Liberty (1973) |
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General images
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John Locke, regarded as the father of liberalism (from Libertarianism) -
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The Political Compass: the green quadrant represents left-libertarianism and the purple right-libertarianism. (from Libertarianism) -
Members of the Spanish anarcho-syndicalist trade union Confederación Nacional del Trabajo marching in Madrid in 2010 (from Libertarianism) -
17 August 1860 edition of Le Libertaire, Journal du mouvement social, a libertarian communist publication in New York City (from Libertarianism) -
Murray Bookchin, American libertarian socialist theorist and proponent of libertarian municipalism and communalism (from Libertarianism) -
A diagram of the typology of beliefs in libertarianism (both left and right, respectively). (from Libertarianism) -
The 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) -
Sébastien Faure, prominent French theorist of libertarian communism as well as atheist and freethought militant (from Libertarianism) -
Tea Party movement protest in Washington, D.C., September 2009 (from Libertarianism) -
Noam Chomsky, a noted left-libertarian of the libertarian socialist school (from Left-libertarianism) -
Thomas Paine, whose theory of property showed a libertarian concern with the redistribution of resources (from Libertarianism) -
Former Congressman Ron Paul, a self-described libertarian, whose presidential campaigns in 2008 and 2012 garnered significant support from youth and libertarian Republicans (from Libertarianism)
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Lysander Spooner (January 19, 1808 — May 14, 1887) was an American abolitionist, entrepreneur, lawyer, essayist, natural rights legal theorist, pamphletist, political philosopher, Unitarian and writer often associated with the Boston anarchist tradition.
Spooner was a strong advocate of the labor movement, anti-authoritarian and individualist anarchism in his political views. His economic and political ideology has been identified by some modern scholars with libertarian socialism, left-libertarianism, free-market socialism, and mutualism, while others identify them as right-libertarian, anarcho-capitalist, and propertarianist. According to anarchist George Woodcock, Spooner was a member of the International Workingmen's Association (First International). His writings contributed to the development of both left-libertarian and right-libertarian political theory. Lysander Spooner also influenced Mutualist Associates as Clarence Lee Swartz who cited him as one of the major liberty advocates in history and a pioneer of mutual banking and competition. Spooner's writings include the abolitionist book The Unconstitutionality of Slavery and No Treason: The Constitution of No Authority, which opposed treason charges against secessionists. Spooner is also known for competing with the Post Office with his American Letter Mail Company. However, it was closed after legal problems with the federal government. (Full article...)Related portals
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