
Unlike radical libertarians they do not reject the state outright, rather in this view governments are "secured among men with a utilitarian purpose. That is they are defined in their duties by their foundation." In our case that is the constitution.
The progenitor of this movement was none other than Thomas Jefferson, and it was carried on in American politics by Moorefield Storey and the Diplomatic writing of Thomas Nelson Page in the National Archives in both Washington DC and in Italy and in his 1920 memoir on Italy during World War I.
http://en.wikipedia.org/wiki/Moorfield_Storey
http://en.wikipedia.org/wiki/Thomas_Nelson_Page
It is defined by Reason as a group who,

According to a December 2004 survey by the Pew Research Center, about 9 percent of the electorate —enough to carry a tight race—prefers candidates who offer the basic libertarian mix of fiscal conservatism and social tolerance. With Republicans apparently uninterested in pleasing the libertarian segments of their coalition, some liberals and libertarians—Daily Kos blogger Markos Moulitsas, former Democratic National Committee press secretary Terry Michael, and Reason contributor Matt Welch among them—have suggested an alternative: the libertarian Democrat, the sort of liberal who favors both free speech and free trade, both the right to bare pornography and the right to bear arms.
http://www.reason.com/news/show/123020.html
It is interesting to think that both right and left meet on the grounds of libertarianism, can recognize a common foundation and amicably disagree about how to reach the goals of maximum personal liberty without an Ayn Rand-Atlas Shrugged cult like worship resting on anyone's ideological shoulder.
The movement is not something new, rather quite old in its heritage. According to prominent proponents it-
"combines the libertarian premise that each person possesses a natural right of self-ownership with the egalitarian premise that natural resources should be shared equally. Left-libertarianism holds that unappropriated natural resources are either unowned or owned in common, believing that private appropriation is only legitimate if everyone can appropriate an equal amount, or if private appropriation is taxed to compensate those who are excluded from natural resources. This contrasts with right libertarians who argue for a right to appropriate unequal parts of the external world, such as land.
A number of Anglo-American political philosophers argue for the validity and necessity of some social welfare programs within the context of libertarian self-ownership theory. Peter Vallentyne and Hillel Steiner edited a primer, The Origins of Left-Libertarianism: An Anthology of Historical Writings. This text places Hugo Grotius, Thomas Jefferson, Thomas Spence, Thomas Paine, John Stuart Mill, Herbert Spencer and Henry George in the left libertarian tradition. Steiner himself wrote An Essay on Rights, a pioneering look at rights and justice from a left-libertarian perspective.
Philippe Van Parijs has written extensively on what he calls "real libertarianism", an approach very similar to Steiner and Otsuka's and usually subsumed under the rubric of left-libertarianism. More recently, Michael Otsuka published Libertarianism Without Inequality, where he argues for incorporating egalitarian ideas into libertarian rights schemes.
Though not left-libertarians themselves, G. A. Cohen, John Roemer, and Jon Elster have also written extensively about the notions of self-ownership and equality, which provide the basis for this branch of left libertarian thought. This self-styled left-libertarianism's historical roots in the school of analytical Marxism has cast a cloud of doubt over it for both leftists and libertarians of more conventional stripe"
http://en.wikipedia.org/wiki/Left-libertarianism

This pretty much sums up the ideals of the rise of the libertarian left.
http://www.amazon.fr/exec/obidos/ASIN/0192833847
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