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Libertarian socialism (or socialist libertarianism) is a group of anti-authoritarian political philosophies inside the socialist movement that rejects the conception of socialism as centralized state ownership and control of the economy.

Libertarian socialism also rejects the state itself, is close to and overlaps with left-libertarianism, and criticizes wage labour relationships within the workplace, instead emphasizing workers' self-management of the workplace and decentralized structures of political organization. It asserts that a society based on freedom and justice can be achieved through abolishing authoritarian institutions that control certain means of production and subordinate the majority to an owning class or political and economic elite. Libertarian socialists advocate for decentralized structures based on direct democracy and federal or confederal associations such as libertarian municipalism, citizens' assemblies, trade unions, and workers' councils.

All of this is generally done within a general call for libertarian and voluntary human relationships through the identification, criticism, and practical dismantling of illegitimate authority in all aspects of human life. As such, libertarian socialism seeks to distinguish itself from both Leninism/Bolshevism and social democracy.

Past and present political philosophies and movements commonly described as libertarian socialist include anarchism as well as autonomism, Communalism, participism, guild socialism, revolutionary syndicalism, and libertarian Marxist philosophies such as council communism and Luxemburgism as well as some versions of utopian socialism and individualist anarchism.

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