The Limits of Freedom and Policy in Libertarian Theory

Libertarianism is a social theory which aims to re-define liberalism on the base of a rationalist-objective ethic. Libertarians seek to build an absolute and unlimited realm of freedom, by means of self-ownership and non-aggression axiom, for individuals. The prominent feature of libertarianism, which differentiates it from classical liberal tradition, is that it defends individual freedom on an ethical code or value, not its consequences. This essay aims to examine whether anarcho-capitalist model of society is historically and cognitively realistic or not, thereby identifying its position within the liberal tradition. Libertarians, who hold the state as the greatest threat to freedom, advocate anarcho-capitalism, in which private firms provide justice and security, against the state with coercive monopoly. Libertarians are convinced that the stateless society is the best fit model to the rational nature of human. However, they fail to provide sufficient and compelling answers about how to resolve the tensions of rights or freedoms among individuals, how to ensure social order and peace in an anarcho-capitalist society