"New-Paradigm Libertarianism: a Very Brief Explanation". PhilPapers. Retrieved 26 June 2019. It is commonly referred to as a continuation or radicalization of classical liberalism. The most important of these early right-libertarian philosophers were modern American libertarians such as Robert Nozick and Murray Rothbard. Although often sharing the left-libertarian advocacy for social freedom, right-libertarians also value capitalism while rejecting institutions that intervene the free market on the grounds that such interventions represent unnecessary coercion of individuals and therefore a violation of their economic freedom. Anarcho-capitalistsMarshall, Peter (2008). Demanding the Impossible: A History of Anarchism. London: Harper Perennial. p. 565. "In fact, few anarchists would accept the 'anarcho-capitalists' into the anarchist camp since they do not share a concern for economic equality and social justice, Their self-interested, calculating market men would be incapable of practicing voluntary co-operation and mutual aid. Anarcho-capitalists, even if they do reject the State, might therefore best be called right-wing libertarians rather than anarchists". seek complete elimination of the state in favor of private defense agencies while minarchists defend night-watchman states which maintain only those functions of government necessary to safeguard natural rights, understood in terms of self-ownership or autonomy. Right-libertarians are economic liberals of either the Austrian School (majority) or the Chicago school of economics (minority) and support laissez-faire capitalism which they define as the free market in opposition to state capitalism and interventionism. Right-libertarianism and its individualism have been discussed as part of the New Right in relation to neoliberalism and Thatcherism. In the 20th century, New Right liberal conservatism influenced by right-libertarianism marginalized other forms of conservatism. The Stanford Encyclopedia of Philosophy describes right-libertarian philosophy as follows: Libertarianism is often thought of as 'right-wing' doctrine. This, however, is mistaken for at least two reasons. First, on social—rather than economic—issues, libertarianism tends to be 'left-wing'. It opposes laws that restrict consensual and private sexual relationships between adults (e.g., gay-sex, non-marital sex, and deviant sex), laws that restrict drug use, laws that impose religious views or practices on individuals, and compulsory military service. Second, in addition to the better-known version of libertarianism—right-libertarianism—, there is also a version known as 'left-libertarianism. Both endorse full self-ownership, but they differ with respect to the powers agents have to appropriate unappropriated natural resources (land, air, water, etc.). Right-libertarians are distinguished from left-libertarians by their relation to property and capital. While both left-libertarianism and right-libertarianism share general antipathy towards power by a