A subset of libertarian thought that embraces incrementalism and pragmatism domestically and a strong, interventionist foreign policy. To quote Dale Franks (http://www.qando.net/details.aspx?Entry=650):
When given a set of policy choices,
The choice that maximizes personal liberty is the best choice.
The policy choice that offers the least amount of necessary government intervention or regulation is the best choice.
The policy choice that provides rational, market-based incentives is the best choice.
In foreign policy, neolibertartianism would be characterized by,
A policy of diplomacy that promotes consensual government and human rights and opposes dictatorship.
A policy of using US military force solely at the discretion of the US, but only in circumstances where American interests are directly affected.
Neolibertarianism differs other forms of libertarianism particularly in the area of foreign policy. Some libertarians would view this variety as centrism.
Neolibertarianism is a political philosophy combining elements of libertarian and neoconservative thought that embraces incrementalism domestically, and a generally interventionist foreign policy based on self-interest, national defense and the expansion of freedom.
Neolibertarianism holds that the best form of national government is one that promotes liberty (free markets and civil liberties) and strong national defense policies, including the use of pre-emptive military engagements only if it is against a threat to freedoms and a danger to the nation.
Neolibertarians believe that political and economic liberty are naturally complementary and mutually reinforcing, and that a concentration on political liberalization alone is not a complete answer to reforming totalitarian states.
Neolibertarianism can be summed up in short series of statements that serve as a foundation for any discussion of public policy problems and their solutions.
The Neolibertarian ideal is to pursue the latter course.
This Neolibertarian concept of equality is one where all citizens have equal access to the political process, and where a transparent rule of law provides everyone equal access to the courts.
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