We, the members of the Libertarian Party, challenge the cult of the omnipotent
state and defend the rights of the individual. We hold that all individuals have
the right to exercise sole dominion over their own lives, and have the right to
live in whatever manner they choose, so long as they do not forcibly interfere
with the equal right of others to live in whatever manner they choose.
Governments throughout history have regularly operated on the opposite
principle, that the State has the right to dispose of the lives of individuals
and the fruits of their labor. Even within the United States, all political parties
other than our own grant to government the right to regulate the lives of
individuals and seize the fruits of their labor without their consent.
We, on the contrary, deny the right of any government to do these things,
and hold that where governments exist, they must not violate the rights
of any individual: namely, (1) the right to life -- accordingly we support
the prohibition of the initiat ion of physical force against others; (2) the
right to liberty of speech and action -- accordingly we oppose all attempts
by government to abridge the freedom of speech and press, as well as
government censorship in any form; and (3) the right to property -- accordingly
we oppose all government interference with private property, such as
confiscation, nationalization, and eminent domain, and support the
prohibition of robbery, trespass, fraud, and misrepresentation.
Since governments, when instituted, must not violate individual rights,
we oppose all interference by government in the areas of voluntary and
contractual relations among individuals. People should not be forced to
sacrifice their lives and property for the benefit of others. They should
be left free by government to deal with one another as free traders; and
the resultant economic system, the only one compatible with the protection
of individual rights, is the free market.
This Is the official statement from the national parties website, you can also
browse the fairly large Party Platform here