Portal:Libertarianism/Selected article/4
Libertarian communism is a theory of anarchism which advocates the abolition of the state, capitalism, wage labour and private property (while retaining respect for personal property) in favor of common ownership of the means of production, direct democracy and a horizontal network of workers' councils with production and consumption based on the guiding principle: "From each according to his ability, to each according to his need".
Some forms of libertarian communism, such as insurrectionary anarchism, are strongly influenced by egoism and radical individualism, believing libertarian communism is the best social system for the realization of individual freedom. Some libertarian communists view libertarian communism as a way of reconciling the opposition between the individual and society.
Libertarian communism developed out of radical socialist currents after the French Revolution, but it was first formulated as such in the Italian section of the First International. The work of Peter Kropotkin took importance later as it expanded and developed pro-organizationalist and insurrectionary anti-organizationalist sections. To date, the best-known examples of libertarian communist societies were the anarchist territories during the Spanish Revolution and the Free Territory during the Russian Revolution.