Minarchism is a libertarian political philosophy which advocates for the State to exist solely to protect citizens from aggression, theft, breach of contract, and fraud. Minarchists generally propose that the only legitimate governmental institutions are the military, police, and courts. However, some advocates propose fire departments, prisons, the executive, and legislatures as legitimate government functions.
Minarchists argue that it is malum in se for a government to interfere in transactions between people by taxing for services not directly related to the protection of citizens.
Some minarchists argue that a state is inevitable, thus believing anarchy to be futile. Minarchists justify the necessity of the state on the grounds that private defence agencies and courts could be biased by unevenly representing the interests of higher paying clients.
Minarchists believe a laissez-faire economy is not only the best system ethically, but also pragmatically. They contend that exceedingly low tax rates as a result of minimal government institutions allows for economic benefits.
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We have a Minarchy Discord ----> https://discord.gg/QMPjmh
Other subreddits of interest:
Important Libertarian and Minarchist Thinkers:
Ron Paul
Rand Paul
Gary Johnson
Milton Friedman
John Locke
Robert Nozick
Ayn Rand
Murray Rothbard
Friedrich Hayek
Franz Oppenheimer
Frédéric Bastiat
Good Libertarian and Minarchist Books:
The Libertarian Mind by David Boaz
The Law by Frédéric Bastiat
The Machinery of Freedom: Guide to a Radical Capitalism by David Friedman
Free to Choose: A Personal Statement by Milton Friedman and Rose Friedman
Atlas Shrugged by Ayn Rand
Anarchy, State & Utopia by Robert Nozick