Libertarianism in the United States

Rare card · No. 66215

In the United States, libertarianism is a political philosophy promoting individual liberty. Libertarianism has been described as laissez-faire on economic issues while supporting civil liberties and personal freedom. The movement is often associated with a foreign policy of non-interventionism. Broadly, there are four principal traditions within libertarianism, namely the libertarianism that developed in the mid-20th century out of the revival tradition of classical liberalism in the United States after "liberalism" associated with the New Deal; the libertarianism developed in the 1950s by anarcho-capitalist author Murray Rothbard, who based it on the anti-New Deal Old Right and 19th-century libertarianism and American individualist anarchists such as Benjamin Tucker and Lysander Spooner while rejecting the labor theory of value in favor of Austrian School economics and the subjective theory of value; the libertarianism developed in the 1970s by Robert Nozick and founded in American and...

Read on Wikipedia · Image Christopher Gadsden (1724–1805), Lexicon, Vikrum, Public domain