| | Steven,
I don't make a very strong distinction between liberal (or 'classical liberal') and libertarian, but if I must sum up my political beliefs in a word, I prefer the former to the latter. For one, though I support the Libertarian Party in principle, I don't actively campaign for them, and I rarely vote, so I don't want to implicitly associate myself with any political party. For another, 'libertarian' is a word that has been largely hijacked by anarcho-capitalists (see Bryan Caplan's Libertarian Purity Test). Though I have several close friends who are an-caps, Rockwellians, and Mises Institute scholars, and I agree with much of their economic analyses and policy recommendations, I don't agree with their Libertopian view of the ideal (stateless) society, and I don't want to tie myself in with that notion. I also have no wish to be associated with the 'civil libertarians' of the ACLU, as I so often find myself at odds with them.
In Europe, as I understand it, the term 'liberal' still has a meaning similar to its original usage. Ludwig von Mises and F.A. Hayek both eschewed the label 'libertarian', preferring to classify their political philosophies as variations of liberalism (see von Mises' Liberalism: The Classical Tradition, one of my favorite books on the subject). Yes, I understand that fighting back against the Orwellian reversal of the meaning of language is an uphill battle, but it's one that I'm willing to fight.
And in my experience, while many people are willing to dismiss a 'libertarian' out-of-hand, when I refer to myself as a 'classical liberal', it inspires curiosity to find out what I mean by that. When I explain that I am a true liberal, that I support gay marriage and abortion, but that I oppose the welfare state and affirmative action, my opponents are more likely to sit up and take notice, and to actually consider my arguments. Whereas a 'libertarian' is often seen as a type of 'conservative' (and I take offense whenever anyone calls me that!), a self-avowed liberal could hardly be pigeon-holed that way.
I do appreciate your comment. "Munchausen Syndrome by Proxy." Hehe. That's awesome.
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