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The role and scope of the public sector and state sector are often the biggest distinction regarding the economic positions of socialist, liberal and libertarian political philosophy.

Socialists

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In general, socialists favor a large state sector consisting of state projects and enterprises, at least in the commanding heights or fundamental sectors of the economy (although some socialists favor a large cooperative sector instead).

Social Democrats

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Social democrats tend to favor a medium-sized public sector that is limited to the provision of universal programs and public services[1].

Economic libertarians

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Economic libertarians and minarchists favor a small public sector with the state being relegated to protecting property rights, creating and enforcing laws and settling disputes, a "night watchman state".

others

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References

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