Libertarian perspectives on inheritance

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Most libertarians who are propertarians, such as right-libertarians, believe individuals should have complete freedom of determination of their property's fate after death once all open contracts have been settled). Therefore, any degree of inheritance, disinheritance and bestowal to individuals or organisations of choice is permitted. They are against inheritance tax or compulsory inheritance. In their view, an individual may also have the right to retain some forms of ownership posthumously. In theory, land owners may also have the right to declare their land off-bounds to anyone for eternity, but consequentialist libertarians may reject that.

There is some debate among libertarians as to what should happen to property in absence of a will or a contract such as marriage. Right-libertarians who supports the homestead principle argue that natural heirs like family members, related by blood or otherwise, do not have an automatic right to inherit property of the deceased as they are as much subject to the principle of voluntary contracts as the rest of society. Instead, a deceased person's property would simply be declared as unclaimed property. The first individual to claim the property would then be its legitimate owner.

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Anarcho-capitalism is a political philosophy and economic theory that advocates the elimination of centralized states in favor of a system of private property enforced by private agencies, free markets and the right-libertarian interpretation of self-ownership, which extends the concept to include control of private property as part of the self. 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. Anarcho-capitalists support wage labour and believe that neither protection of person and property nor victim compensation requires a state. In a theoretical anarcho-capitalist society, the system of private property would still exist and be enforced by private defense agencies and insurance companies selected by customers which would operate competitively in an open market and fulfill the roles of courts and the police.

Property in the abstract is what belongs to or with something, whether as an attribute or as a component of said thing. In the context of this article, it is one or more components, whether physical or incorporeal, of a person's estate; or so belonging to, as in being owned by, a person or jointly a group of people or a legal entity like a corporation or even a society. Depending on the nature of the property, an owner of property has the right to consume, alter, share, redefine, rent, mortgage, pawn, sell, exchange, transfer, give away or destroy it, or to exclude others from doing these things, as well as to perhaps abandon it; whereas regardless of the nature of the property, the owner thereof has the right to properly use it, or at the very least exclusively keep it.

The libertarian perspective on immigration is often regarded as one of the core concepts of libertarian theory and philosophy. There is considerable disagreement among libertarians as to what stance towards immigration best accords with libertarian principles. Some hold that restrictions on immigration are constitute an infringement of the rights of immigrants and other property owners and constitute a threat to individual liberty. Others maintain that open borders amount to a policy of forced integration on the part of the state, and that protecting the rights of property holders requires that present governments adopt much more discriminatory policies on who is allowed to enter a country.

Libertarians promote individual liberty and seek to minimize the role of the state. The abortion debate is mainly within right-libertarianism between cultural liberals and social conservatives as left-libertarians generally see it as a non-issue as they support legal access to abortion as part of their general support for individual rights, especially in regard to what they consider to be a woman's right to control her body. Religious right and intellectual conservatives have attacked such libertarians for supporting abortion rights, especially since the demise of the Soviet Union. Libertarian conservatives claim libertarian principles such as the non-aggression principle (NAP) apply to human beings from conception and that the universal right to life applies to fetuses in the womb. Thus, some of those individuals express opposition to legal abortion.

Geolibertarianism is a political and economic ideology that integrates libertarianism with Georgism.

Homestead principle legal principle that you own unclaimed natural resources by first using them

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Usufruct is a limited real right found in civil-law and mixed jurisdictions that unites the two property interests of usus and fructus:

Criticism of libertarianism includes ethical, economic, environmental and pragmatic concerns, albeit most of them are mainly related to right-libertarianism. For instance, it has been argued that laissez-faire capitalism does not necessarily produce the best or most efficient outcome, nor does its philosophy of individualism and policies of deregulation prevent the abuse of natural resources. Criticism of left-libertarianism is instead mainly related to anarchism and include allegations of utopianism, tacit authoritarianism and vandalism towards feats of civilization. Furthermore, criticism include left-libertarians' critiques of right-libertarianism and vice versa.

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Right-libertarianism, also known as libertarian capitalism or right-wing libertarianism, is a political philosophy and type of libertarianism 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 natural resources. 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 and a major reversal of the modern welfare state.

The law of equal liberty is the fundamental precept of liberalism and socialism. Stated in various ways by many thinkers, it can be summarized as the view that all persons must be granted the maximum possible freedom as long as that freedom does not interfere with the freedom of anyone else. While socialists have been hostile to liberalism, accused of "providing an ideological cover for the depredation of capitalism", it has been pointed out that "the goals of liberalism are not so different from those of the socialists", although this similarity in goals has been described as being deceptive due to the different meanings liberalism and socialism give to liberty, equality and solidarity, including the meaning, implications and norms of equal liberty derived from it.

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Libertarian Party of Louisiana Louisiana affiliate of the Libertarian Party

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<i>Smith and Snipes Hall Farm Ltd v River Douglas Catchment Board</i>

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Custom of Paris in New France

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