Libertarian communism is a theory of libertarianism

Libertarianism

Libertarianism, in the strictest sense, is the political philosophy that holds individual liberty as the basic moral principle of society. In the broadest sense, it is any political philosophy which approximates this view...

 which advocates the abolition of the state

State (polity)

A state is an organized political community, living under a government. States may be sovereign and may enjoy a monopoly on the legal initiation of force and are not dependent on, or subject to any other power or state. Many states are federated states which participate in a federal union...

 and private property

Private property

Private property is the right of persons and firms to obtain, own, control, employ, dispose of, and bequeath land, capital, and other forms of property. Private property is distinguishable from public property, which refers to assets owned by a state, community or government rather than by...

, and capitalism

Capitalism

Capitalism is an economic system that became dominant in the Western world following the demise of feudalism. There is no consensus on the precise definition nor on how the term should be used as a historical category...

 in favor of common ownership

Common ownership

Common ownership is a principle according to which the assets of an enterprise or other organization are held indivisibly rather than in the names of the individual members or by a public institution such as a governmental body. It is therefore in contrast to public ownership...

 of the means of production

Means of production

Means of production refers to physical, non-human inputs used in production—the factories, machines, and tools used to produce wealth — along with both infrastructural capital and natural capital. This includes the classical factors of production minus financial capital and minus human capital...

, a direct democracy

Direct democracy

Direct democracy is a form of government in which people vote on policy initiatives directly, as opposed to a representative democracy in which people vote for representatives who then vote on policy initiatives. Direct democracy is classically termed "pure democracy"...

 and self-governance

Self-governance

Self-governance is an abstract concept that refers to several scales of organization.It may refer to personal conduct or family units but more commonly refers to larger scale activities, i.e., professions, industry bodies, religions and political units , up to and including autonomous regions and...

.

According to the anarchist historian Max Nettlau

Max Nettlau

Max Heinrich Hermann Reinhardt Nettlau was a German anarchist and historian. Although born in Neuwaldegg and raised in Vienna he retained his Prussian nationality throughout his life. A student of the Welsh language he spent time in London where he joined the Socialist League where he met...

, the first use of the term libertarian communism was in November 1880, when a French anarchist congress employed it to more clearly identify its doctrines. The French anarchist journalist Sébastien Faure

Sébastien Faure

Sébastien Faure was a French anarchist . He was a main proponent of the anarchist organizational form known as synthesis anarchism.- Biography :Before becoming a free-thinker, he was a seminarist...

, later founder and editor of the four-volume Anarchist Encyclopedia, started the weekly paper Le Libertaire (The Libertarian) in 1895.