The Liberal Boot
Liberalism and libertarianism are two terms with very similar, yet mirrored, fates. In the middle of the 20th century, statists snatched the term “liberalism” away from the proponents of economic freedom. And around the same time, the term “libertarianism” was snatched by proponents of economic freedom from the socialists. Mind you, I have not heard of libertarian socialists calling themselves classical libertarians after that.
Classical liberalism in the 20th century is primarily Mises and Hayek. Both are convinced supporters of the free market, both are convinced opponents of collectivism, but both consider the existence of the state entirely acceptable and see some benefit in it, namely the protection of private property. For this purpose, the state is granted a monopoly on violence, and to ensure it does not use it against citizens, citizens must have the right to bear arms and to self-organize, up to the point of armed resistance to the government.
Libertarianism is, in effect, classical liberalism in economics plus the application of those same principles to all other spheres of life, primarily in ethics and law. Rothbard argued that a monopoly on violence contradicts the principles of a free market and must therefore be rejected along with the state; subsequently, Nozick clarified that if a state were to emerge again on a free market as part of a voluntary process, then libertarians should, in theory, have no complaints about it.
As a result, in addition to classical liberals, who simply say that the state must be limited and that political activity should be pursued for this purpose, we also have anarcho-capitalists, who claim that all services, including the protection of private property, are perfectly provided on the free market, and “we are not buying the state, take it away”—and minarchists, who do not mind the state remaining, but only on the condition that it behaves itself, does not extort taxes, but politely asks for donations.
