Define libertarianism. How does libertarianism differ from the main political ideologies discussed in the book? How is it similar?
Answer:
An ideal response will:
1. Define libertarianism as limiting government to such vital activities as national defense while fostering individual liberty.
2. Explain that unlike conservatives and liberals, libertarians oppose all government regulation, even of personal morality. Libertarians believe that private enterprise and the market are more efficient than the state could ever be, unlike socialism. Libertarians see property rights and repealing economic regulations as key to freedom, unlike communism.
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