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Libertarians tend to use the word "libertarian" (small "l") to refer to the philosophy, and "Libertarian" (capital "L") to refer to the party. Thus, more libertarians exist than members of the [[Libertarian Party]]. Two general factions exist in the libertarian movement. The first are those libertarians who apply the principles of right to person and property to an absolute. They believe that no person, group, or government is above the right to violate these two things. They thus believe that government itself is illegitimate because it violates person and property. These libertarians subscribe to [[anarcho-capitalism]], as first named by [[Murray N. Rothbard]]. They believe that law and security can be handled by private means in the free market. The other faction believes in a very limited government. They are often referred to as [[minarchists]]. Libertarian minarchists want the state to only enforce law and order but generally nothing else. [[Ayn Rand]] was a minarchist.

Libertarians tend to use the word "libertarian" (small "l") to refer to the philosophy, and "Libertarian" (capital "L") to refer to the party. Thus, more libertarians exist than members of the [[Libertarian Party]]. Two general factions exist in the libertarian movement. The first are those libertarians who apply the principles of right to person and property to an absolute. They believe that no person, group, or government is above the right to violate these two things. They thus believe that government itself is illegitimate because it violates person and property. These libertarians subscribe to [[anarcho-capitalism]], as first named by [[Murray N. Rothbard]]. They believe that law and security can be handled by private means in the free market. The other faction believes in a very limited government. They are often referred to as [[minarchists]]. Libertarian minarchists want the state to only enforce law and order but generally nothing else. [[Ayn Rand]] was a minarchist.

Libertarians tend to view liberalism as a philosophy advocating less government interference in private morality and more government control of business, and view conservatism as a philosophy advocating more government interference in private morality and less government control of business, while they view libertarianism as advocating less government control in all areas. However, there have been fusionist attempts to mix libertarianism and with social conservatism. This is noted in particular by [[paleolibertarians]]. They believe that social conservatism is a natural entity in a free society, but do not believe that it can be enforced by state interventionism.  

Libertarians tend to view liberalism as a philosophy advocating less government interference in private morality and more government control of business, and view conservatism as a philosophy advocating more government interference in private morality and less government control of business, while they view libertarianism as advocating less government control in all areas. However, there have been fusionist attempts to mix libertarianism and with social conservatism. This is noted in particular by [[paleolibertarianism|paleolibertarians]]. They believe that social conservatism is a natural entity in a free society, but do not believe that it can be enforced by state interventionism.

== Libertarian Thought in America ==

== Libertarian Thought in America ==