In a nutshell
The Wikipedia article on Libertarianism says this:Libertarianism is a political philosophy advocating that individuals should be free to do whatever they wish with their person or property, as long as they do not infringe on the same liberty of others.
I think that's a very good explanation. Sometimes the complaints that people have about libertarianism are really about some specific application, an interpretation by some group of libertarians, or some subset of related philosophies; and not with the libertarian ideals themselves.

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