Austrian econ is a bit more than the idealism of a perfectly free market. It, like the rest of neoclassic theory, has no objective theory of value and depends upon a utilitarianism plus methodological individualism - neither of which have worked out quite the way the theory considers. It was essentially disproven nearly a century ago [and still more so over last decades].
But at least it tries to take credit fully into account [and did not entirely forget the side of production].
In so far as Libertarianism, maybe better to lean this way as a blend with Anon -
''libcom.org is a resource for all people who wish to fight to improve their lives, their communities and their working conditions. We want to discuss, learn from successes and failures of the past and develop strategies to increase the power we, as ordinary people, have over our own lives.
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The problem is that every day we recreate a world that wasn't built to serve our needs and is not under our control. We are not human beings, we are human resources, cogs in a machine that knows only one purpose: profit. The endless pursuit of profit keeps us stuck in boring jobs, or looking for them when we're out of work. It keeps us worrying about the rent or mortgage payments every month when our homes were long since built and paid for. It keeps the planet on course for an environmental disaster as climate change accelerates and world leaders pontificate.
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..the market does not work by the same principles we do. 'Market forces' leave hundreds of millions starving in a world with surplus food. Millions are denied AIDS drugs while pharmaceutical companies spend half their budgets on marketing and administration. The market does not recognise human needs unless they are backed up with cash. The only way to get the cash is to work for a boss or claim benefits. By working for a wage, our own bodies and minds enter the market as things to be bought and sold.
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The name libcom is an abbreviation of "libertarian communism", the political idea we identify with. Libertarian communism is the political expression of the ever-present strands of co-operation and solidarity in human societies. These currents of mutual aid can be found throughout society. In tiny everyday examples such as people collectively organising a meal, or helping a stranger carry a pram down a flight of stairs. They can also manifest themselves in more visible ways, such as one group of workers having a solidarity strike in support of other workers as the BA baggage handlers did for Gate Gourmet catering staff in 2005. They can also explode and become a predominant force in society such as in the events across Argentina in 2001, and in Greece today, in Kwanju, South Korea in 1980, Portugal 1974, France 1968, Hungary '56, Spain 1936, Russia 1917, Paris 1871…
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We are also influenced by certain specific theoretical and practical traditions, such as anarchist-communism, anarcho-syndicalism, the ultra-left, left communism, libertarian Marxism, council communism and others. We have sympathies with writers and organisations including Karl Marx, Gilles Dauvé, Maurice Brinton, Wildcat Germany, Anarchist Federation, Solidarity Federation, prole.info, Aufheben, Solidarity, the situationists, Spanish CNT and others.
However, we recognise the limitations of applying these ideas and organisational forms to contemporary society. We emphasise understanding and transforming the social relationships we experience here and now in our everyday lives to better our circumstances and protect the planet, whilst still learning from the mistakes and successes of previous working class movements and ideas.''
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