Libertarianism – Frequently Asked Questions – The Advocates …

What is Libertarianism?

Libertarians see the individual as the basic, most essential element of society. The word roughly means believer in liberty. Libertarians believe that each individual owns his or her own life and property and has the right to make his own choices about how to live his life as long as he respects the rights of others to do the same.

Liberty is one of the central lessons of world history. Virtually all the progress the human race has enjoyed during the past few centuries is due to the increasing acceptance of free markets, civil liberties and self-ownership.

Libertarianism is thus the combination of liberty (the freedom to live your life in any peaceful way you choose), responsibility (the prohibition against the use of force against others, except in defense) and tolerance (honoring and respecting the peaceful choices of others).

Click here to view some definitions of libertarianism.

Libertarians are not left or right or a combination of the two. Libertarians believe that on every issue you have the right to decide for yourself whats best for you and to act on that belief, so long as you simply respect the right of other people to do the same.

How does this compare with the left and right? Todays liberals tend to value personal liberty, but want significant government control of the economy. Todays conservatives tend to favor economic freedom, but want to use the government to uphold traditional values. Libertarians, in contrast, support both personal and economic liberty.

Libertarianism is the only political movement that consistently advocates a high degree of both personal and economic liberty.

Modern libertarianism has multiple roots, but perhaps the most important one is the minimal-government republicanism of Americas founding revolutionaries like Thomas Jefferson and the Anti-Federalists. The core ideals of libertarianism that all men are created equal and are endowed with the right to life, liberty and the pursuit of happiness can be seen in the Declaration of Independence and in the limited government established in the Constitution.

Adam Smith and John Stuart Mill are among the most famous of the 18th and 19th centuries classical liberals that developed theories on the invisible hand of free markets. More recently, libertarian philosophy has been explored and defined through Ayn Rands ethical egoism and the Austrian School of free-market economics.