I find this section interesting. The word "libertarian" here, of course, refers to the market anarchy/anarcho-capitalist views of people like Murray Rothbard and others. I consider myself a libertarian but I do not consider myself a capitalist though. I consider mself a "libertarian socialist" or an "anarchist". I am curious as to why capitalists who consider themselves advocates of the "free market" call themselves "libertarian"? My reading of the history of the word "libertarian" has convinced me that it was actually invented by socialists in the 19th century. I read that according to the anarchist historian Max Lettau, it was the anarchist Joseph Dejacque who first published Le Libertaire, Journal du Mouvement Social in New York between 1858 and 1861. The word phrase, "libertarian communism" dates back to November 1880, I read, when French anarchists used it to describe their views. Sebastien Faure and Louise Michel published the paper Le Libertaire in France in 1895. In the USA, the "Libertarian League" was founded in 1920 and was originally an anarchist organization in Los Angeles while the second Libertarian League was founded in New York City in 1965 by people such as the anarchist Murray Bookchin.
My reading on the subject has convinced me that the word "libertarian" originated with socialists long before it became associated with market capitalism in the 1970s. So, I am curious- how is capitalism libertarian in nature? How can it be? I would like to discuss this with forum members here. I am looking more towards understanding the perspective of people who are capitalists calling themselves "libertarian" and I am trying to avoid an argument or debate.
My own personal feeling on the subject is that authentic socialism worthy of the name can only be libertarian in nature, never of the Marxist/Leninist type that the Soviet Union tried to create. I am still studying the subject in much greater detail and currently, I really like the model of "Participatory Economics" put forth by Michael Albert and Robin Hahnel. I am also in the process of reading books on self-managed "market socialism" proposed by people such as David Schweickart. I am also going to be reading John Bates Clark's book The Distribution of Wealth as well as Murray Rothbard's book For a New Liberty.
In the meantime, I want to dialogue more on the subject with people here. If my reading of both capitalist and anarchist material only serves to reinforce my views about capitalism and socialism, then I would love to debate the subject in the future, once I feel that my views have sufficiently matured on these issues and feel informed enough to command a side in the debate. Until then, I am only looking to discuss the issues.