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. |