Libertarianism: Difference between revisions

The term "Libertarianism" only acquired its present meaning at the split from [[File:Lib.png]] [[liberalism]] before the 30s. Put simply, what was originally Liberalism split into what we now know as [[File:Clib.png]] [[Classical Liberalism]] and [[File:Soclib.png]] [[Social Liberalism|social liberalism]].<br>The term Liberalism had been associated with the [[File:Demcr.png]] [[Big Tent Liberalism|Democratic party]] ever since [[File:Cleveland.png]] [[Fiscal Conservatism|Grover Cleveland]] became president. However, during the campaign of Franklin D. Roosevelt the term started to be associated with the [[File:Soclib.png]] [[Social Liberalism|social liberalism]]. This, in turn, created two definitions of the term [[File:Lib.png]] [[liberalism]], the American definition, by which Liberalism was associated to the modern Democratic Party, and the definition in many other parts of the world, where Liberalism kept its meaning being about the same thing as modern day [[File:Libertarian.png]] libertarianism.<br>Later, with the radicalization of the classical liberal circles in the later 20th century, and taking inspiration from some already [[File:Synthesis_Market_Anarchism.png]] radical classical liberal thinkers of the 19th century, some of them preferred to stop being called classical liberals and adopted the term "Libertarian" completely. Classical liberalism thus started to be associated to [[File:Chilib.png]] [[Chicago School|Chicago economics]] and the free-market wing of [[File:Fiscon.png]] [[Fiscal Conservatism|Neoclassical economics]], while Libertarianism became closer to the [[File:Austrobert.png]] [[Austrian School|Austrian School of Economics]].<br>The western definition is also closely tied to [[File:Ancapf.png]] [[Anarcho-Capitalism|anarcho-capitalism]] as the radical wing that sought to split itself from more moderate [[File:Clib.png]] [[Classical Liberalism|classical liberals]] was predominantly made up of Rothbardians.

While Libertarian ideals could be considered to be rooted in history since antiquity (with examples being the 6th century B.C. Chinese Philosophers Lao-Tzu and Chuang-tzu), the modern incarnation of them can be traced to the radicalization of [[File:Clib.png]] [[Classical Liberalism|Classical Liberal]] principles that occurred through the later half of the 19th century and through the 20th.