The Libertarian Party in the United States is composed of various factions, sometimes described as left and right, although many libertarians reject use of these terms to describe the political philosophy. [1]
A broad coalition of classical liberals, minarchists, and anarcho-capitalists founded the Libertarian Party in 1971. In 1974, the larger minarchist and smaller anarcho-capitalist factions held the Libertarian National Convention in Dallas and made the "Dallas Accord". It is an implicit agreement to compromise between factions by adopting a platform that explicitly did not say whether it was desirable for the state to exist. [2] [3] [4]
Over the years, anarcho-capitalists continued to debate and clash with minarchists in the party. [5] The former faction has seen an upswing with the re-formalization of the LPRadicals. When the anarchist-aligned [6] Ron Paul sought the 1988 Libertarian Party nomination for president, many saw him as too radical and supported Native American activist Russell Means to run against him. [7] [8] [9] Nevertheless, Paul won the nomination and ran a Libertarian presidential campaign. [10]
After the Ron Paul 1988 presidential campaign, Paul supporters like Murray Rothbard and Lew Rockwell labeled themselves "paleolibertarians" because of their culturally conservative views. [11] They soon left the party and later abandoned the term. [12] Following the formation of the paleolibertarian faction, some American conservatives left the Republican Party to join the Libertarian Party. [13] After the September 11th attacks, some conservative libertarians supported the war in Afghanistan and the Iraq War. [14]
Over the years, the number of anarcho-capitalists in the party dropped by about half. [4] [15] During the 2006 Libertarian National Convention, delegates deleted a large portion of the party's detailed platform. They added the phrase: "Government exists to protect the rights of every individual including life, liberty and property." [16] Some took this as meaning the Dallas Accord was dead. [4] Many anarcho-capitalists in the party left and started the Boston Tea Party in 2006, which was disbanded six years later. In 2020, the Libertarian Party nominated Jeremy "Spike" Cohen for vice president, the first anarcho-capitalist to be featured on the party's presidential ticket. [17] In 2022, the paleolibertarian Mises Caucus swept control of all positions in the Libertarian National Committee. [18] In response to the paleolibertarians' control over the party, numerous state parties disaffiliated from the Libertarian Party and others suffered splits and separations.
Anarcho-capitalism is an anti-statist, libertarian political philosophy and economic theory that seeks to abolish centralized states in favor of stateless societies with systems of private property enforced by private agencies, based on concepts such as the non-aggression principle, free markets and self-ownership. An anarcho-capitalist philosophy extends the concept of ownership to include control of private property as part of the self, and, in some cases, control of other people as private property. In the absence of statute, anarcho-capitalists hold that society tends to contractually self-regulate and civilize through participation in the free market, which they describe as a voluntary society involving the voluntary exchange of goods and services. In a theoretical anarcho-capitalist society the system of private property would still exist, as it would be enforced by private defense agencies and/or insurance companies that were selected by property owners, whose ownership rights or claims would be enforced by private defence agencies and/or insurance companies. These agencies or companies would operate competitively in a market and fulfill the roles of courts and the police, similar to a state apparatus. Some anarcho-capitalist authors have argued that slavery is compatible with anarcho-capitalist ideals.
Murray Newton Rothbard was an American economist of the Austrian School, economic historian, political theorist, and activist. Rothbard was a central figure in the 20th-century American libertarian movement, particularly its right-wing strands, and was a founder and leading theoretician of anarcho-capitalism. He wrote over twenty books on political theory, history, economics, and other subjects.
The Libertarian Party (LP) is a political party in the United States that promotes civil liberties, non-interventionism, laissez-faire capitalism, and limiting the size and scope of government. The party was conceived in August 1971 at meetings in the home of David F. Nolan in Westminster, Colorado, and was officially formed on December 11, 1971, in Colorado Springs. The organizers of the party drew inspiration from the works and ideas of the prominent Austrian school economist Murray Rothbard. The founding of the party was prompted in part due to concerns about the Nixon administration, the Vietnam War, conscription, and the introduction of fiat money.
Hans-Hermann Hoppe is a German-American academic associated with Austrian School economics, anarcho-capitalism, right-wing libertarianism, and opposition to democracy. He is professor emeritus of economics at the University of Nevada, Las Vegas (UNLV), senior fellow of the Mises Institute think tank, and the founder and president of the Property and Freedom Society.
The Ludwig von Mises Institute for Austrian Economics, or Mises Institute, is a nonprofit think tank headquartered in Auburn, Alabama, that is a center for Austrian economics, radical right-wing libertarian thought and the paleolibertarian and anarcho-capitalist movements in the United States. It is named after the economist Ludwig von Mises (1881–1973) and promotes his version of heterodox Misesian Austrian economics.
Llewellyn Harrison Rockwell Jr. 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.
Libertarian perspectives on foreign intervention started as a reaction to the Cold War mentality of military interventionism promoted by American conservatives, including William F. Buckley Jr., who supplanted Old Right non-interventionism.
Paleolibertarianism is a libertarian political activism strategy aimed at uniting libertarians and paleoconservatives. It was developed by American anarcho-capitalist theorists Murray Rothbard and Lew Rockwell in the American political context after the end of the Cold War. From 1989 to 1995, they sought to communicate libertarian notions of opposition to government intervention by using messages accessible to the working class and middle class people of the time. They combined libertarian free market views with the cultural conservatism of paleoconservatism, while also opposing protectionism. The strategy also embraced the paleoconservative reverence for tradition and religion. This approach, usually identified as right-wing populism, was intended to radicalize citizens against the state. The name they chose for this style of activism evoked the roots of modern libertarianism, hence the prefix paleo. That founding movement was American classical liberalism, which shared the anti-war and anti-New Deal sentiments of the Old Right in the first half of the 20th century. Paleolibertarianism is generally seen as a right-wing ideology.
The Libertarian National Convention is held every two years by the Libertarian Party to choose members of the Libertarian National Committee (LNC), and to conduct other party business. In presidential election years, the convention delegates enact a platform and nominate the Libertarian presidential and vice-presidential candidates who then face the nominees of other parties in the November general election.
The nature of capitalism is criticized by left-wing anarchists, who reject hierarchy and advocate stateless societies based on non-hierarchical voluntary associations. Anarchism is generally defined as the libertarian philosophy which holds the state to be undesirable, unnecessary and harmful as well as opposing authoritarianism, illegitimate authority and hierarchical organization in the conduct of human relations. Capitalism is generally considered by scholars to be an economic system that includes private ownership of the means of production, creation of goods or services for profit or income, the accumulation of capital, competitive markets, voluntary exchange and wage labor, which have generally been opposed by most anarchists historically. Since capitalism is variously defined by sources and there is no general consensus among scholars on the definition nor on how the term should be used as a historical category, the designation is applied to a variety of historical cases, varying in time, geography, politics and culture.
Libertarian perspectives on political alliances vary greatly, with controversies among libertarians as to which alliances are acceptable or useful to the movement.
Samuel Edward Konkin III, also known as SEK3, was a Canadian-American left-libertarian philosopher and Austrian school economist. As the author of the publication New Libertarian Manifesto, he was a proponent of a political philosophy he named agorism.
Libertarianism 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 United States, libertarianism is a political philosophy promoting individual liberty. According to common meanings of conservatism and liberalism in the United States, libertarianism has been described as conservative on economic issues and liberal on personal freedom, often associated with a foreign policy of non-interventionism. 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 after liberalism associated with the New Deal; the libertarianism developed in the 1950s by anarcho-capitalist author Murray Rothbard, who based it on the anti-New Deal Old Right and 19th-century libertarianism and American individualist anarchists such as Benjamin Tucker and Lysander Spooner while rejecting the labor theory of value in favor of Austrian School economics and the subjective theory of value; the libertarianism developed in the 1970s by Robert Nozick and founded in American and European classical liberal traditions; and the libertarianism associated with the Libertarian Party, which was founded in 1971, including politicians such as David Nolan and Ron Paul.
Right-libertarianism, also known as libertarian capitalism, or right-wing libertarianism, is a libertarian political philosophy that supports capitalist property rights and defends market distribution of natural resources and private property. The term right-libertarianism is used to distinguish this class of views on the nature of property and capital from left-libertarianism, a type of libertarianism that combines self-ownership with an egalitarian approach to property and income. In contrast to socialist libertarianism, right-libertarianism supports free-market capitalism. Like most forms of libertarianism, it supports civil liberties, especially natural law, negative rights, the non-aggression principle, and a major reversal of the modern welfare state.
For a New Liberty: The Libertarian Manifesto is a book by American economist and historian Murray Rothbard, in which the author promotes anarcho-capitalism. The work has been credited as an influence on modern libertarian thought and on part of the New Right.
Libertarian Party Radical Caucus is a caucus formed in 2006 within the United States Libertarian Party by Susan Hogarth and other party members who opposed removal of much of the material in the party platform during the 2006 national party convention. The caucus generally subscribes to an ideology of anarcho-capitalism. The caucus was active at the 2008 and 2010 Libertarian National Conventions. The radical caucus was revived and was extraordinarily active during the 2016 Libertarian National Convention.
Libertarian conservatism, also referred to as conservative libertarianism and conservatarianism, is a political and social philosophy that combines conservatism and libertarianism, representing the libertarian wing of conservatism and vice versa.
The following outline is provided as an overview of and topical guide to anarchism:
Walter Edward Block is an American Austrian School economist and anarcho-capitalist theorist. He was the Harold E. Wirth Eminent Scholar Endowed Chair in Economics at the School of Business at Loyola University New Orleans and a senior fellow of the non-profit think-tank Ludwig von Mises Institute in Auburn, Alabama.