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rightlibertarianism

Right-libertarianism is a strand of libertarian political philosophy that emphasizes individual rights, private property, and free markets as the framework for social order. Proponents ground liberty in natural rights—most prominently self-ownership and the homesteading of resources—and argue that only voluntary exchanges and contracts can legitimately govern social life. The doctrine prescribes minimal or no state interference, with the primary function of government limited to protecting persons and property from aggression, theft, fraud, and breach of contract.

On this view, a legitimate state (when accepted) is a night-watchman or a provider of defensive force,

Contemporary debates within right-libertarianism address issues such as inequality, externalities, and public goods, with critics arguing

courts,
and
enforceable
rules
to
secure
voluntary
interactions.
In
its
more
radical
forms,
right-libertarianism
advances
anarcho-capitalism,
where
all
services
provided
by
the
state
would
be
privatized
and
law
and
security
are
supplied
by
competing
private
firms
and
associations.
Key
thinkers
include
John
Locke
(influence
on
property
rights
and
acquisition),
Robert
Nozick
(a
minimal
state
and
entitlement
theory),
Murray
Rothbard
(argued
for
anarcho-capitalism),
and,
in
wider
popular
discourse,
Ayn
Rand’s
emphasis
on
individual
rights
and
capitalism.
Friedman
and
Hayek
also
influenced
the
tradition
through
emphasis
on
limited
government,
rule
of
law,
and
spontaneous
order.
that
a
minimal
state
cannot
adequately
address
these
problems.
Proponents
respond
that
voluntary
arrangements
and
competitive
markets
can
yield
efficient
outcomes,
while
critics
warn
that
property
rights
and
market
power
may
reproduce
injustices.
The
term
is
often
contrasted
with
left-libertarianism,
which
foregrounds
different
notions
of
distributive
justice,
while
sharing
a
commitment
to
liberty
and
voluntary
exchange.