The Stanford Encyclopedia of Philosophy defines libertarianism as the moral view that agents initially fully own themselves and have certain moral powers to acquire property rights . . .
According to the U.S. Libertarian Party, libertarianism is the advocacy of a government that is funded voluntarily and limited to protecting individuals from coercion and violence.
Libertarian schools of thought differ over the degree to which the state should be reduced.
Anarchistic schools advocate complete elimination of the state.
Minarchist schools advocate a minimal state which is limited to protecting its citizens from aggression, theft, breach of contract, and fraud.
Some schools are supportive of private property rights in the ownership of unappropriated land and natural resources while others reject such private ownership and often support common ownership instead.
Those on the right support a capitalist economy; on the left a socialist economic system.
Political scholars such as Noam Chomsky assert that in most countries the terms "libertarian" and "libertarianism" are synonymous with left anarchism.
Rightardia suggests there are two groups of the anarchists and minarchists in the US: those on the left personified by the Occupy Movement and those on the right led by the two Pauls: Ron and Rand. it is unlikely the two groups have much in common or could ever work together.
