lib·er·tar·i·an: One who advocates maximizing individual rights and minimizing the role of the state. -- American Heritage Dictionary, Fourth Edition
Libertarianism is, as the name implies, the belief in liberty. Libertarians believe that each person owns his own life and property, and has the right to make his own choices as to how he lives his life -- as long as he simply respects the same right of others to do the same.
Libertarianism. The belief that government should not interfere in the lives of citizens, other than to provide police and military protection. Libertarianism cannot easily be placed on the left-right scale that is usually used to analyze political philosophies. Libertarians are strong supporters of capitalism and free trade and yet also tolerant on social and lifestyle issues, which are considered none of the government's business. The basic philosophy is "live and let live".
A libertarian is the opposite of an authoritarian.
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