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Libertarian view advocating for a stateless society where private property rights are rigorously enforced, typically through private defense agencies.

An economic philosophy within libertarianism of leaving coordination of individuals' actions to the market and keeping government intervention to a bare minimum.

A philosophy created by Ayn Rand that is influential in libertarian circles, asserting that objective reality exists and human reason is the means of perceiving it.

The libertarian principle stating that unowned resources become private property once someone exerts effort to improve or mix their labor with them.

The principle stating that coercion or the initiation of force against others is inherently illegitimate and only defensive force is justifiable within the libertarian framework.

The libertarian belief that individuals have the right to acquire, own, control, use, and dispose of material goods and property without government interference.

A phrase popular in libertarian circles positing that compulsory taxation is equivalent to theft because it is taken without explicit consent.

The libertarian idea that multiple legal systems can coexist and compete within the same geographic area without a central authority.

The libertarian critique of the state's exclusive right to use, threaten, or authorize force against residents within its territory.

The concept in libertarian ideology that individuals have exclusive control over their own bodies and lives.

Within libertarian thought, the principle of managing government's budget to minimize deficits and debt, often through reducing spending and lowering taxes.

An economic system based on voluntary transactions where the government's role is minimal, heavily emphasized in libertarian thought.

A strain of libertarianism that advocates for the elimination of the state in favor of individual sovereignty, private property, and open markets.

In libertarianism, the principle that an individual pursuing his own benefit in a free market will paradoxically help the greater society through acts of economic exchange.

The belief in libertarianism that complex societal order arises from the voluntary negotiations of individuals rather than through central planning.

The minimalist political stance within libertarianism which argues for a state limited to protecting individuals from aggression, theft, breach of contract, and fraud.

An ethical doctrine within libertarianism that all forms of human association should be voluntary as opposed to coerced by force.

A libertarian ideology that advocates for the complete elimination of the state in favor of free markets and voluntary associations.

A school of economic thought that is favored by many libertarians which emphasizes the spontaneous organizing power of the price mechanism.