Libertarianism essay

Document Type:Essay

Subject Area:Philosophy

Document 1

, Determinism and Libertarianism. The two concepts also raise another argument about “compatibilism” because philosophers want to know whether the two schools of thoughts can co-exist (David, 2017). According to libertarianism, people have the freedom to live as they wish without other people questioning their lifestyles provided that they do not violate other people’s rights. The development of libertarianism began in the 20th century and got established in the late 1970s. Libertarians develop their own beliefs and theories concerning how they live and what they believe are right. Everyone has the inherent right to govern and to private property. Another study that advanced the theory of libertarianism in the eighteenth century was the research carried out by Smith concerning the economic influence on free markets (Reno, 2018).

Sign up to view the full document!

The spontaneous order theory explains how some types of natural order happen spontaneously from what many people do independently. The automatic order model is an integral part of libertarian economic and social thinking. The main libertarianism concepts have been developing for a long time. In human history, people have slowly developed their freedom, but society has become more complicated than before (Boettke & Piano, 2019). Libertarians argue that the essential institutions in the community include markets, law, money, and language. These bodies are spontaneously developed in a particular direction. Civil society is an intricate connection of associations among individuals, and it is also another form of the natural order. There is a reason why people form associations in a civil society. The fifth concept is Free Markets that enhances economic survival.

Sign up to view the full document!

Property right involves the use of an agreement to exchange property, and the free market is an economic model that includes free people who want to create wealth (David, 2017). Libertarians argue that people can be both prosperous and open when the government has reduced intervention in economic choices that people make. The sixth idea is about Limited Government. A government must protect human lives, and that is the main reason why people form political administrations. Another idea is the Virtue of Production that developed after the reaction against the aristocrats and monarchs during the 17th century. These individuals depended on other people’s productive labor and hard work. Libertarianism is known to defend people’s rights to enjoying the benefits of their labor.

Sign up to view the full document!

From $10 to earn access

Only on Studyloop

Original template

Downloadable