[DTogo]

Libertarianism, freedom to live your life as you choose.

Conservatism, not picking the pocket of others to support, or demanding they recognize/accommodate, the life you chose.

[logician2u]

I would suggest these as general definitions, with of course some degree of overlap and a few shades of gray as we get more specific:

Liberal

You are owned by the state.

Conservative

You are God's child.

Libertarian

You own yourself.