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'''Libertarianism''' is a [[political philosophy]] emphasizing ''liberty'' and ''property''. A libertarian believes in minimizing or entirely eliminating government interventionism in all aspects of life; including economic, personal and in foreign policy matters. <ref>"Libertarians are neither. Unlike [[liberals]] or [[conservatives]], Libertarians advocate a high degree of both personal and economic liberty. For example, Libertarians advocate freedom in economic matters, so we're in favor of lowering taxes, slashing bureaucratic regulation of business, and charitable -- rather than government -- welfare. But Libertarians are also socially tolerant. We won't demand laws or restrictions on other people who we may not agree because of personal actions or lifestyles.
'''Libertarianism''' is a [[Political Philosophy|political philosophy]] emphasizing ''liberty'' and ''property''. A libertarian believes in minimizing or entirely eliminating government interventionism in all aspects of life; including economic, personal and in foreign policy matters. <ref>"Libertarians are neither. Unlike liberals or conservatives, Libertarians advocate a high degree of both personal and economic liberty. For example, Libertarians advocate freedom in economic matters, so we're in favor of lowering taxes, slashing bureaucratic regulation of business, and charitable -- rather than government -- welfare. But Libertarians are also socially tolerant. We won't demand laws or restrictions on other people who we may not agree because of personal actions or lifestyles.
Think of us as a group of people with a "live and let live" mentality and a balanced checkbook." [http://www.lp.org/article_85.shtml] </ref>
Think of us as a group of people with a "live and let live" mentality and a balanced checkbook." [http://www.lp.org/article_85.shtml] </ref>
Libertarianism is closely related to liberalism, if this word is interpreted according to its original meaning of '[[classical liberal | classical liberalism]]'.
Libertarianism is closely related to liberalism, if this word is interpreted according to its original meaning of '[[classical liberal | classical liberalism]]'.