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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| “ | But what the Left That Was demanded was not the symbolic image of the "broken rifle" - so very much in vogue these days in pacifist boutiques - but the training and arming of the people for revolutionary ends, solely in the form of democratic militias. A resolution coauthored by Luxemburg and Lenin (a rare event) and adopted by the Second International in 1906 declared that it "sees in the democratic organization of the army, in the popular militia instead of the standing army, an essential guarantee for the prevention of aggressive wars, and for facilitating the removal of differences between nations.
This was not simply an antiwar resolution, although opposition to the war that was fast approaching was the principal focus of the statement. The arming of the people was a basic tenet of the Left That Was, and pious demands for gun control among today's leftists would have been totally alien to the thinking of the Left That Was. As recently as 1930s, the concept of "the people in arms" remained a basic tenet of independent socialist, no to speak of anarchist, movements throughout the world, including those of the United States, as I myself so well remember. The notion of schooling the masses in reliance on the police and army for public safety, much less turning the other cheek in the face of violence, would have been regarded as heinous. |
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| — Murray Bookchin (1921–2006) Social Anarchism or Lifestyle Anarchism (1995) |
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General images
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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) -
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) -
John Locke, regarded as the father of liberalism (from Libertarianism) -
Members of the Spanish anarcho-syndicalist trade union Confederación Nacional del Trabajo marching in Madrid in 2010 (from Libertarianism) -
A diagram of the typology of beliefs in libertarianism (both left and right, respectively). (from Libertarianism) -
Sébastien Faure, prominent French theorist of libertarian communism as well as atheist and freethought militant (from Libertarianism) -
The Political Compass: the green quadrant represents left-libertarianism and the purple right-libertarianism. (from Libertarianism) -
17 August 1860 edition of Le Libertaire, Journal du mouvement social, a libertarian communist publication in New York City (from Libertarianism) -
Thomas Paine, whose theory of property showed a libertarian concern with the redistribution of resources (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) -
Murray Bookchin, American libertarian socialist theorist and proponent of libertarian municipalism and communalism (from Libertarianism) -
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Selected biography -
Llewellyn Harrison Rockwell Jr. (born July 1, 1944) is an American author, editor, and political consultant. A libertarian and a self-professed anarcho-capitalist, he founded and is the chairman of the Mises Institute, a non-profit promoting the Austrian School of economics.
After graduating from university, Rockwell had jobs at the conservative Arlington House Publishers, the radical-right John Birch Society, and the traditionalist Hillsdale College. Reading the works of Murray Rothbard, who became his mentor, led Rockwell to become an ardent believer in Austrian economics and what he calls "libertarian anarchism". Rockwell was chief of staff to Congressman Ron Paul from 1978 to 1982, and was a founding officer and former vice president at Ron Paul & Associates, which published political and investment-oriented newsletters bearing Paul's name. Racist and homophobic content in those newsletters became a controversy in Paul's later campaigns; Rockwell denied ghostwriting it but acknowledged a role in the promotion. Rockwell partnered with Rothbard in 1982 to found the Mises Institute in Alabama, where , Rockwell still serves as chairman. (Full article...)Related portals
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