Libertarianism

All forms of libertarianism support strong personal rights rights to life and liberty, but do not agree on the subject of property.[8] The best known[9][1][10] formulation of libertarianism supports free market capitalism[11] by advocating a right to private property, including property in the means of production,[12] minimal government regulation of that property, minimal taxation, and rejection of the welfare state, all within the context of the rule of law.[13][14][15] A number of countries worldwide have libertarian parties which run candidates for political office.

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