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Libertarianism
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 Related Terms
• laissez-faire
• capitalism

 

Definition:
The political philosophy of Libertarianism argues that governmental authority cannot justifiably extend beyond the defense of private property, keeping individuals from harming each other, and the defense of the nation as a whole. Everything else that a government does is illegitimate and abusive. Libertarians believe that the free market is the basis for a free society and that the government should not interfere with how the market operates - thus, a laissez-faire system of capitalism is best.

Also Known As: none

Alternate Spellings: none

Common Misspellings: none

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What are Political and Legal Philosophy
The Philosophy of Politics and the Philosophy of Law are often studied separately, but they are presented here jointly because they both come back to the same thing: the study of force. Politics is the study of political force in the general community, while jurisprudence is the study of how laws can and should be used to achieve political and social goals.

What is Philosophy?
What is philosophy? Is there any point in studying philosophy, or is it a useless subject? What are the different branches of philosophy - what's the difference between aestheitcs and ethics? What's the difference between metaphysics and epistemology?

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