Think this is less about liberalism (it doesn't argue for government to be run like a business) and more about US-inspired thinking where businesses are better than governments.

Which, to be clear, is an idea that I detest.

But governments do hate competition.

This isn’t as insightful as you think. You’re tautologically describing the notion of sovereignty. Sovereignty is supreme power. Of course it abhors “competition.”

Not arguing with the statement, but note to you: he said "libertarianism", not "liberalism". The two are obviously very different.

Thank you, I did misread that part.

Libertarianism is not the same thing as liberalism (classical nor modern).