I clearly mention those are the extremes, it's the first line of my comment.
I'm aware that Libertarianism as a philosophy has much broader branches of it, that it includes by definition concepts of freedoms and autonomy. Unfortunately most of the interactions I have with self-identified libertarians (both in Sweden and in Brazil) go towards extremism. As much as most of the philosophies under the umbrella of Libertarianism aren't that extreme that's what I see in public discourse, it's a caricature.
Libertarian thinking is also responsible for inspiring trickle-down economics, free market privatisations across the board and so on. These policies have been, at least, a mixed bag of results with plenty of it being failures (e.g trickle-down and privatisation of healthcare/education). We know, empirically, what the consequences of purely libertarian policies such as the ones brought by neoliberalism can be: monopoly/monopsony formations (i.e corporations mergers), empowerment of elites, diminished power of labour and so on.
Libertarianism defers too much power to private individuals, without much regard to the power imbalances that will arise from its philosophy, just trusting that certain mechanisms will balance it all out. That's my main reservation with the philosophy as a whole.
I'm aware that Libertarianism as a philosophy has much broader branches of it, that it includes by definition concepts of freedoms and autonomy. Unfortunately most of the interactions I have with self-identified libertarians (both in Sweden and in Brazil) go towards extremism. As much as most of the philosophies under the umbrella of Libertarianism aren't that extreme that's what I see in public discourse, it's a caricature.
Libertarian thinking is also responsible for inspiring trickle-down economics, free market privatisations across the board and so on. These policies have been, at least, a mixed bag of results with plenty of it being failures (e.g trickle-down and privatisation of healthcare/education). We know, empirically, what the consequences of purely libertarian policies such as the ones brought by neoliberalism can be: monopoly/monopsony formations (i.e corporations mergers), empowerment of elites, diminished power of labour and so on.
Libertarianism defers too much power to private individuals, without much regard to the power imbalances that will arise from its philosophy, just trusting that certain mechanisms will balance it all out. That's my main reservation with the philosophy as a whole.