Portal:Libertarianism

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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 socialistcapitalist 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...)

Selected article

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.

Selected quote

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.

— Murray Bookchin (1921–2006)
Social Anarchism or Lifestyle Anarchism (1995)

Selected picture

The Statue of Liberty (a figure of a robed woman representing Libertas, a Roman goddess) is often used as a symbol of libertarianism in the United States
Credit: Fitz-Patrick, Bill

General images

The following are images from various libertarianism-related articles on Wikipedia.
Paul in 2023

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 well as for Texas's 14th congressional district from 1997 to 2013. On three occasions, he sought the presidency of the United States: as the Libertarian Party nominee in 1988 and as a candidate for the Republican Party in 2008 and 2012.

A self-described constitutionalist, Paul is a critic of several of the federal government's policies, especially the existence of the Federal Reserve and tax policy, as well as the military–industrial complex, the war on drugs, and the war on terror. He has also been a vocal critic of mass surveillance policies such as the Patriot Act and the NSA surveillance programs. In 1976, Paul formed the Foundation for Rational Economics and Education (FREE), and in 1985 was named the first chairman of the conservative PAC Citizens for a Sound Economy, both free-market groups focused on limited government. He has been characterized as the "intellectual godfather" of the Tea Party movement, a fiscally conservative political movement started in 2007 and popularized in 2009 that is largely against most matters of interventionism. (Full article...)

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