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In the United States, libertarianism is a
political philosophy Political philosophy or political theory is the philosophical study of government, addressing questions about the nature, scope, and legitimacy of public agents and institutions and the relationships between them. Its topics include politics, l ...
promoting
individual liberty Civil liberties are guarantees and freedoms that governments commit not to abridge, either by constitution, legislation, or judicial interpretation, without due process. Though the scope of the term differs between countries, civil liberties may ...
. According to common meanings of
conservatism Conservatism is a Philosophy of culture, cultural, Social philosophy, social, and political philosophy that seeks to promote and to preserve traditional institutions, practices, and values. The central tenets of conservatism may vary in r ...
and
liberalism Liberalism is a political and moral philosophy based on the rights of the individual, liberty, consent of the governed, political equality and equality before the law."political rationalism, hostility to autocracy, cultural distaste for ...
in the United States, libertarianism has been described as ''
conservative Conservatism is a cultural, social, and political philosophy that seeks to promote and to preserve traditional institutions, practices, and values. The central tenets of conservatism may vary in relation to the culture and civilization in ...
'' on economic issues (
economic liberalism Economic liberalism is a political and economic ideology that supports a market economy based on individualism and private property in the means of production. Adam Smith is considered one of the primary initial writers on economic liberalis ...
) and '' liberal'' on personal freedom (
civil libertarianism Civil libertarianism is a strain of political thought that supports civil liberties, or which emphasizes the supremacy of individual rights and personal freedoms over and against any kind of authority (such as a state, a corporation, social ...
),Boaz, David; Kirby, David (October 18, 2006). ''The Libertarian Vote''. Cato Institute. often associated with a foreign policy of
non-interventionism Non-interventionism or non-intervention is a political philosophy or national foreign policy doctrine that opposes interference in the domestic politics and affairs of other countries but, in contrast to isolationism, is not necessarily opposed ...
.Olsen, Edward A. (2002). ''US National Defense for the Twenty-First Century: The Grand Exit Strategy''.
Taylor & Francis Taylor & Francis Group is an international company originating in England that publishes books and academic journals. Its parts include Taylor & Francis, Routledge, F1000 Research or Dovepress. It is a division of Informa plc, a United Ki ...

p. 182
. .
Broadly, there are four principal traditions within libertarianism, namely the libertarianism that developed in the mid-20th century out of the revival tradition of
classical liberalism in the United States Liberalism in the United States is a political and moral philosophy based on concepts of unalienable rights of the individual. The fundamental liberal ideals of freedom of speech, freedom of the press, freedom of religion, the separation of c ...
after liberalism associated with the
New Deal The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939. Major federal programs agencies included the Civilian Con ...
; the libertarianism developed in the 1950s by
anarcho-capitalist Anarcho-capitalism (or, colloquially, ancap) is an anti-statist, libertarian, and anti-political philosophy and economic theory that seeks to abolish centralized states in favor of stateless societies with systems of private property e ...
author
Murray Rothbard Murray Newton Rothbard (; March 2, 1926 – January 7, 1995) was an American economist of the Austrian School, economic historian, political theorist, and activist. Rothbard was a central figure in the 20th-century American libertaria ...
, who based it on the anti-New Deal Old Right and 19th-century libertarianism and American individualist anarchists such as
Benjamin Tucker Benjamin Ricketson Tucker (; April 17, 1854 – June 22, 1939) was an American individualist anarchist and libertarian socialist.Martin, James J. (1953)''Men Against the State: The Expositers of Individualist Anarchism in America, 1827–1908''< ...
and
Lysander Spooner Lysander Spooner (January 19, 1808May 14, 1887) was an American individualist anarchist, abolitionist, entrepreneur, essayist, legal theorist, pamphletist, political philosopher, Unitarian and writer. Spooner was a strong advocate of the labor ...
while rejecting the
labor theory of value The labor theory of value (LTV) is a theory of value that argues that the economic value of a good or service is determined by the total amount of " socially necessary labor" required to produce it. The LTV is usually associated with Marxian e ...
in favor of
Austrian School The Austrian School is a heterodox school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result exclusively from the motivations and actions of individuals. Austrian scho ...
economics and the subjective theory of value; the libertarianism developed in the 1970s by
Robert Nozick Robert Nozick (; November 16, 1938 – January 23, 2002) was an American philosopher. He held the Joseph Pellegrino University Professorship at Harvard University,
and founded in American and European
classical liberal Classical liberalism is a political tradition and a branch of liberalism that advocates free market and laissez-faire economics; civil liberties under the rule of law with especial emphasis on individual autonomy, limited government, econ ...
traditions; and the libertarianism associated with the Libertarian Party, which was founded in 1971, including politicians such as David Nolan and
Ron Paul Ronald Ernest Paul (born August 20, 1935) is an American author, activist, physician and retired politician who served as the U.S. representative for Texas's 22nd congressional district from 1976 to 1977 and again from 1979 to 1985, as we ...
. The
right-libertarianism Right-libertarianism,Rothbard, Murray (1 March 1971)"The Left and Right Within Libertarianism" ''WIN: Peace and Freedom Through Nonviolent Action''. 7 (4): 6–10. Retrieved 14 January 2020.Goodway, David (2006). '' Anarchist Seeds Beneath the ...
associated with people such as Murray Rothbard and Robert Nozick,Marshall, Peter (2008). '' Demanding the Impossible: A History of Anarchism''. London: Harper Perennial. p. 565. "The problem with the term 'libertarian' is that it is now also used by the Right. ..In its moderate form, right libertarianism embraces ''laissez-faire'' liberals like Robert Nozick who call for a minimal State, and in its extreme form, anarcho-capitalists like Murray Rothbard and David Friedman who entirely repudiate the role of the State and look to the market as a means of ensuring social order". whose book '' Anarchy, State, and Utopia'' received significant attention in academia according to David Lewis Schaefer, is the dominant form of libertarianism in the United States, compared to that of left-libertarianism.Carlson, Jennifer D. (2012). "Libertarianism". In Miller, Wilburn R., ed. ''The Social History of Crime and Punishment in America''. London: Sage Publications
p. 1006
.
The latter is associated with the left-wing of the modern libertarian movementLong, Riderick T. "Anarchism". In Gaus, Gerald F.; D'Agostino, Fred, eds. (2012). ''The Routledge Companion to Social and Political Philosophy''. p. 227. and more recently to the political positions associated with academic philosophers Hillel Steiner, Philippe Van Parijs and Peter Vallentyne that combine self-ownership with an egalitarian approach to
natural resource Natural resources are resources that are drawn from nature and used with few modifications. This includes the sources of valued characteristics such as commercial and industrial use, aesthetic value, scientific interest and cultural value. ...
s. Kymlicka, Will (2005). "libertarianism, left-". In Honderich, Ted. ''The Oxford Companion to Philosophy''. New York City: Oxford University Press. p. 516. . "'Left-libertarianism' is a new term for an old conception of justice, dating back to Grotius. It combines the libertarian assumption that each person possesses a natural right of self-ownership over his person with the egalitarian premise that natural resources should be shared equally. Right-wing libertarians argue that the right of self-ownership entails the right to appropriate unequal parts of the external world, such as unequal amounts of land. According to left-libertarians, however, the world's natural resources were initially unowned, or belonged equally to all, and it is illegitimate for anyone to claim exclusive private ownership of these resources to the detriment of others. Such private appropriation is legitimate only if everyone can appropriate an equal amount, or if those who appropriate more are taxed to compensate those who are thereby excluded from what was once common property. Historic proponents of this view include Thomas Paine, Herbert Spencer, and Henry George. Recent exponents include Philippe Van Parijs and Hillel Steiner." It is also related to
anti-capitalist Anti-capitalism is a political ideology and movement encompassing a variety of attitudes and ideas that oppose capitalism. In this sense, anti-capitalists are those who wish to replace capitalism with another type of economic system, such as ...
, free-market anarchist strands such as left-wing market anarchism,Chartier, Gary; Johnson, Charles W. (2011). ''Markets Not Capitalism: Individualist Anarchism Against Bosses, Inequality, Corporate Power, and Structural Poverty''. Brooklyn: Minor Compositions/Autonomedia. pp. 1–16. referred to as market-oriented left-libertarianism to distinguish itself from other forms of libertarianism.Sheldon Richman (February 3, 2011)
"Libertarian Left: Free-market anti-capitalism, the unknown ideal"
''The American Conservative''. . Retrieved November 18, 2019.
Libertarianism includes anarchist and libertarian socialist tendencies, although they are not as widespread as in other countries.
Murray Bookchin Murray Bookchin (January 14, 1921 – July 30, 2006) was an American social theorist, author, orator, historian, and political philosopher. A pioneer in the environmental movement, Bookchin formulated and developed the theory of socia ...
, a libertarian within this socialist tradition, argued that anarchists, libertarian socialists and the left should reclaim ''libertarian'' as a term, suggesting these other self-declared ''libertarians'' to rename themselves '' propertarians'' instead. Although all libertarians oppose government intervention, there is a division between those anarchist or socialist libertarians as well as anarcho-capitalists such as Rothbard and David D. Friedman who adhere to the
anti-state Anti-statism is any approach to social, economic or political philosophy that rejects statism. An anti-statist is one who opposes intervention by the state into personal, social and economic affairs. In anarchism, this is characterized by a com ...
position, viewing the
state State may refer to: Arts, entertainment, and media Literature * ''State Magazine'', a monthly magazine published by the U.S. Department of State * ''The State'' (newspaper), a daily newspaper in Columbia, South Carolina, United States * '' Our ...
as an unnecessary evil; minarchists such as Nozick who recognize the necessary need for a minimal state, often referred to as