Libertarian Political Theory emphasizes individual freedom and autonomy, advocating for minimal government intervention in personal and economic matters. It posits that individuals should have the right to make choices about their own lives, as long as those choices do not infringe on the rights of others. This theory often champions free markets and private property as essential components of a prosperous society.
Central to libertarianism is the belief in self-ownership, where individuals are seen as the rightful owners of their bodies and lives. Prominent figures in this movement include John Locke and Friedrich Hayek, who influenced modern libertarian thought. The theory often critiques state power and promotes voluntary associations and contracts.