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The term " libertarian" in political contexts has multiple meanings. Especially in the United States, it may also refer to the philosophy associated with groups such as the United States Libertarian Party. This philosophy has major differences from libertarian socialism, and, where necessary, this article uses the term "Libertarian" in reference to that philosophy.
Libertarian socialists usually call themselves anarchists except when necessary to disambiguate or disassociate themselves with others, typically the anarcho-capitalists, who use the same term. Additionally, some libertarian socialists refer to themselves as anarchists or communists to differentiate themselves from Libertarians. These philosophies share a professed love of libertyThe word liberty when used alone, has several possible meanings in the English language see Liberty disambiguation for other possible uses. Liberty or personal freedom, is a condition in which an individual has immunity from the arbitrary exercise of auth and opposition to statismStatism describes any social or political system in which state intervention plays a major role. It is also used to describe any central government that implements economic planning, or policy. This term is often used polemically and provocatively, by opp, but there are differences regarding economic issues such as private property.
The basic philosophy of libertarian socialism is summed up in the name: adherents believe that management of the common good ( socialismFor information on mainstream political parties using the term "Socialist", see Social democracy and Democratic socialism For the governments of the USSR, the PRC, and others, see: Communist state Other variants of Socialism include Marxism, Communism, an) is necessary, but that this should be done in a manner that preserves individual liberty and avoids concentration of power or authority (libertarianism). Some libertarian socialists say individual liberty and societal harmony are necessarily antagonistic, and anarchist philosophy must balance the two. Others feel that the two are symbiotic, and that the liberty of the individual guarantees the harmony of the society and vice-versa.
All the critiques that anarchists develop are based on principles of decentralization of power and authority. So, while anarchists have a critique of capitalism similar to MarxismMarxism is the political practice and social theory based on the works of Karl Marx, a 19th century philosopher, economist, journalist, and revolutionary, along with Friedrich Engels. Marx drew on Hegel's philosophy, the political economy of Adam Smith, R, they diverge in that anarchists also reject capital due to its tendency to lead to concentration of power (in the form of wealthWealth usually refers to money and property. It is the abundance of objects of value and also the state of having accumulated these objects. The use of the word itself assumes some socially-accepted means of identifying objects, land, or money as "belongi). Libertarian socialists advocate freedom while denying, to a greater or lesser extent, the legitimacy of private property, since private property in the form of capital leads to the exploitation of others with lesser economic power, and thus infringes on the exploited class's individual freedoms. Libertarians, by contrast, believe that liberty is impossible without the enforcement of private property economics.
Libertarian socialists differentiate between the idea of authority based on power, and authority based on knowledge or skills. The term "power", in this instance, refers to the social or physical dominance of one individual over another. They oppose all authority based on political power, economic power, or hierarchy.
Libertarian socialists believe that all social bonds should be developed by individuals who have an equal amount of bargaining power. This means that an accumulation of economic power in the hands of a few is no different than the centralization of political power, since both reduce the bargaining power, and thus the freedom of the other individuals in society. If freedom is valued, then society must work towards a system in which individuals have the power to decide economic issues along with political issues. They seek to replace coercive authority and hierarchy with direct democracy and voluntary federation in all aspects of life, including physical communities and economic enterprises.
Libertarian socialists believe that productive propertyThis page deals with property as ownership rights. For information about property in the performing arts, see prop. For information about properties in philosophy, see property (philosophy Within the law, property is a general legal category for rights of should be held communally and controlled democratically. For them, the only moral private properties are personal possessions.
Unlike anarcho-capitalists, anarchists believe there is little to no difference between threat of physical violence as a means of coercion and political or economic coercion. Thus the libertarian socialist argues that the anarcho-capitalist distinction between economic coercion, which they allow by the centralized accumulation of productive property and wealth, and physical coercion is an untenable dichotomy. Further, libertarian socialists argue that even under such a dichotomy physical coercion is still endorsed by capitalists in the form of a series of physically coercive institutions that uphold property privilege. Libertarian socialists believe that freedom can only exist in a society that allows for equal bargaining power.
The relationships generated by ownership determine whether something is a possession or property. A property title grants owners the advantage of extorting payment from those who wish to use it when it is not in use by the owner. Possession, on the other hand, is not compatible with this form of extortion because it grants no special rights to those things which are not in use.
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