Factions
Minarchism
Anarcho-capitalism
Paleolibertarianism
Geolibertarianism
Libertarianism is a political philosophy that holds that individuals should be allowed complete freedom of action as long as they do not infringe on the freedom of others. ... In civics, Minarchism, sometimes called minimal statism, is the view that government should be as small as possible. ... Anarcho-capitalism is a branch of libertarian political philosophy which calls for a free market, private property, and a society without a state. ... Paleolibertarianism is a school of thought within libertarianism founded by Murray Rothbard and Lew Rockwell, and closely associated with the Ludwig von Mises Institute. ... Geolibertarianism is a political philosophy that holds with other forms of libertarianism that the products of ones labor should be privately owned and controlled. ...

Influences
Objectivism
Austrian School
Classical liberalism
Individualist anarchism
Objectivism is the philosophy of Ayn Rand. ... The Austrian School is a school of economic thought which rejects opposing economists reliance on methods used in natural science for the study of human action, and instead bases its formalism of economics on relationships through logic or introspection called praxeology. ... Liberalism is a political current embracing several historical and present-day ideologies that claim defense of individual liberty as the purpose of government. ... Individualist anarchism is a philosophical tradition, appearing primarily in the United States, that emphasises the autonomy of the individual. ...

Practices
Capitalism
Capitalism has been defined in various ways (see definitions of capitalism). ...

Key issues
Economic views
Views of rights
Theories of law
Criticism
The Austrian School of economics and the Chicago School of economics are important foundations the economic system favored by modern libertarians — capitalism, where the means of production are privately owned, economic and financial decisions are made privately rather than by state control, and goods and services are exchanged in a... Libertarians and Objectivists limit what they define as rights to variations on the right to be left alone, and argue that other rights such as the right to a good education or the right to have free access to water are not legitimate rights and do not deserve the same... Libertarian theories of law build on libertarianism or classical liberalism. ... Right-wing criticism Rightists often argue that government is needed to maintain social order and morality. ...