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What is Libertarianism? What are the pros and cons of Libertarianism? | Libertarianism Explained

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In this video, we’re going to look at a simple explanation of libertarianism as well as the arguments for and against libertarianism.

Libertarianism is a political philosophy that advocates for minimal government intervention in the lives of individuals and the economy. It is based on the belief that individuals have the right to exercise autonomy and freedom of choice, as long as they do not harm others. This principle is often referred to as the "nonaggression principle" and is central to libertarianism.
Libertarians believe in the protection of individual rights and the importance of property rights. They argue that individuals should be free to make their own decisions about how to live their lives and that the government should not be involved in regulating personal behavior. This includes issues such as drug use, reproductive rights, among other things. In terms of economic policy, libertarians support free market capitalism and the abolition of government regulation and subsidies. They argue that a free market economy, in which prices are determined by supply and demand, is the most efficient and fair system. They also believe that government intervention in the economy, such as through taxes and regulations, hinders economic growth and prosperity.

Sources:
"Libertarianism" in The Stanford Encyclopedia of Philosophy, edited by Edward N. Zalta. https://plato.stanford.edu/entries/li...
"What is libertarianism?," by David Boaz, Cato Institute. https://www.cato.org/publications/pol...
"Libertarianism," by Michael Huemer, The Internet Encyclopedia of Philosophy. http://www.iep.utm.edu/libertar/'>http://www.iep.utm.edu/libertar/
"Anarchocapitalism," by Randy Barnett, The Stanford Encyclopedia of Philosophy. https://plato.stanford.edu/entries/an...
"Minarchism," by Eric Mack, The Stanford Encyclopedia of Philosophy. https://plato.stanford.edu/entries/mi...
"Geolibertarianism," by Brad Spangler, The Concise Encyclopedia of Economics. https://www.econlib.org/library/Enc/G...
"Libertarianism" in The Stanford Encyclopedia of Philosophy, edited by Edward N. Zalta. https://plato.stanford.edu/entries/li...
"What is libertarianism?," by David Boaz, Cato Institute. https://www.cato.org/publications/pol...
"Libertarianism," by Michael Huemer, The Internet Encyclopedia of Philosophy. http://www.iep.utm.edu/libertar/'>http://www.iep.utm.edu/libertar/

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