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Concept
Libertarian conservatism
Summary
Libertarian conservatism, also referred to as conservative libertarianism and conservatarianism, is a political and social philosophy that combines conservatism and libertarianism, representing the libertarian wing of conservatism and vice versa.
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.
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. 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".
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