Political parties are legal entities with specific unique advantages and limitations, mostly concerning campaign finance regulations.
To maximize our impact for liberty, the party should focus on leveraging the specific and unique advantages of a political party to build an infrastructure to elect Libertarians to office, who in-turn will enact libertarian policies. Things political parties can do:
- Recruit and train candidates, staff, and volunteers for political campaigns
- Collect and build resources to share with campaigns and affiliates
- Receive funds above individual campaign donation limits
- Directly engage in the electoral political process by directly supporting candidates
- Build branding that appears on most ballots next to a candidate’s name
The broader libertarian philosophy extends beyond electoral politics. While other items are important, most are best left to other organizations:
- Education and social clubs: Best handled by 501(c)(3) organizations, which enjoy tax-exempt status and allow tax-deductible donations, but cannot engage in electoral politics
- Public rallies and issue activism: Effective under 501(c)(3) or 501(c)(4) organizations, unless in direct support of a candidate
- Lobbying and legislative scorecards: More efficiently managed by 501(c)(4) organizations or 527 PACs
These non-party functions are important, but using the correct tool for a particular task is how we can most-efficiently achieve a libertarian society. These alternative organizations may not have existed when the party began, but they certainly exist today. Therefore, the Libertarian party should focus on the main thing political parties can do: get people elected.