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Libertarian conservatism

Ideology combining conservatism with libertarianism

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Through Politics, Economic freedom and Regulation

Libertarian conservatism advocates the greatest possible economic liberty and the least possible government regulation of social life (described as "small government"), mirroring laissez-faire classical liberalism, but harnesses this to a belief in a more socially conservative philosophy emphasizing authority, morality, and duty. Primarily an American ideology, libertarian conservatism prioritizes liberty, promoting free expression, freedom of choice and free-market capitalism to achieve conservative ends while rejecting liberal social engineering.

Although having similarities to liberal conservatism and therefore mainstream American conservatism with both being influenced by classical liberal thought; libertarian conservatives are far more anti-statist and are much more hostile to government intervention in both social and economic matters.

Philosophy

In political science, libertarian conservatism is an ideology that combines the advocacy of economic and legal principles such as fiscal discipline, respect for contracts, defense of private property and free markets, fewer laws banning minor crimes, and the traditional conservative stress on self-help and freedom of choice under a laissez-faire and economically liberal capitalist society with social tenets such as the importance of religion and the value of religious morality through a framework of limited, constitutional, representative government. For Margaret Randall, libertarian conservatism began as an expression of liberal individualism and the demand for personal freedom.

Unity or conflict

In 2006, Nelson Hultberg wrote that there is "philosophical common ground" between libertarians and conservatives. According to Hultberg, "[t]he true conservative movement was, from the start, a blend of political libertarianism, cultural conservatism, and non-interventionism abroad bequeathed to us via the Founding Fathers". He said that such libertarian conservatism was "hijacked" by neoconservatism, "by the very enemies it was formed to fight—Fabians, New Dealers, welfarists, progressives, globalists, interventionists, militarists, nation builders, and all the rest of the collectivist ilk that was assiduously working to destroy the Founders' Republic of States".

Other scholars, such as conservative philosopher Russell Kirk, have highlighted the contrasts between conservatives and libertarians, stating that "to talk of forming a league or coalition between these two is like advocating a union of ice and fire". Libertarian activist Jerome Tuccille wrote: "Libertarianism is basically Aristotelian (reason, objectivity, individual self-sufficiency) while conservatism is just fundamentally Platonic (privileged elitism, mysticism, collective order)."

According to Andrew Gilbert, conservative parties such as the British Conservative Party and the American Republican Party hold a significant libertarian conservative wing, although Gilbert argues that "it is questionable to what extent conservatism and libertarianism are compatible". According to Mark A. Graber, libertarian conservatives are "philosophically consistent liberal legal individualists".

In 1998, George Wescott Carey edited Freedom and Virtue: The Conservative/Libertarian Debate, a book which contains essays that Carey describes as representing "the tension between liberty and morality" and "the main fault line dividing the two philosophies". For Brian Farmer, "Libertarianism is a form of Conservatism often considered separate from the more mainstream conservative ideologies, partially because it is a bit more extreme, and partially because Libertarians often separate themselves from other forms of more mainstream Conservatism".

Economics

Libertarian conservatism subscribes to the libertarian idea of free-market capitalism, advocating minimal to no government interference in the market. A number of libertarian conservatives favor the Austrian School of economics and are critical of fiat money. Libertarian conservatives also support wherever possible privatizing services traditionally run or provided by the government, from airports and air traffic control systems to toll roads and toll booths. Libertarian conservatism advocates economic freedom in the product and capital markets and consumption whilst excluding collective action, collective bargaining and labor organization in general.

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