Where Do Free-Market Libertarians Fit In Left/Right Spectrum?

Libertarianism is the political economy philosophy predicated upon the non-aggression principle (NAP) and private property rights based upon homesteading. It is a theory of what constitutes just law, and its answer to this question is that it would be a punishable crime to violate the NAP. Thus, it is illicit to threaten or initiate violence against innocent people. This does not imply pacifism; the defensive use of physical force is entirely compatible with libertarianism. Also, if the violence is limited to consulting adults, such as in the case of boxing or sado-masochism, it would be considered lawful.

Should this viewpoint be placed on the left of the political spectrum, or should it be located on the right? A case can be made for either, or for both.

 

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