LIBERTARIANISM: 1) A sentiment giving precedence to individual liberty above care-taking and order. 2) A range of political biases that express that precedence as freedom from organized coercion through the minimization or elimination of monopolistic government — and therefore a reliance on the maximization of self organizing civic virtues and norms. 3) An institutional framework that is reliant upon the sole principle of several property that has been obtained by homesteading, manufacture, and voluntary exchange. The result of which maximizes peaceful human cooperation by facilitating the emergence of a market for goods and services where prices convey information that we use to determine our actions. 4) An explicit political philosophy that reduces all rights to property rights, and seeks to replace the monopoly of the abstract state and its attendant bureaucracy with private institutions that are subject to the pressures of market competition.
(138 words)