The regime advocated by libertarians, which would allow unrestricted laissez-faire capitalism. In it a person could legitimately posses everything that he himself produces, gets through exchange with others for his goods and services, and acquires as a gift. The only criterion of correctness of a property is, therefore, that one has obtained it without violation of any rights and liberties of others. Such a political system would allow huge social inequalities among people because it is not interested in final results (i.e. in how much someone possesses in the end and whether he possesses anything at all!) but only in the fact that acquisition and transfer of material goods are conducted according to the above mentioned rules. That is the reason why this kind of state is called "minimal": it secures only a correct implementation of such procedures through police and army but hardly interferes in anything else. There are few variants of libertarian theory: the one allows unlimited initial appropriation of natural resources by private persons while the other demands their equal division to all members of community; the one defends laissez-faire capitalism and "passivity" of the state with the help of moral reasons, while the other primarily invokes concequentialist considerations and claims that minimal state ensures the greatest material well-being to the society as a whole.

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