Most "libertarians" are this dumb, but the old school ones at least attribute the problems to uneven regulation rigged in favor of the ruling class, which does jive with my understanding of what is wrong with the financial system. That being said, libertarianism wouldn't work even if they did get shit straight.
The vast majority of libertarians are (in my experience) just conservatives that want to smoke weed. They believe a lot of the same awful shit. The rest of them have deluded themselves into thinking that a libertarian society is viable when it is laughably not. They generally consider themselves to be way more capable and independent than reality can support.
Many years ago a bunch got together and essentially took over a town. Several years later the town got over ran by bears because no one wanted to handle trash properly.
I understand and support your hesitation while disagreeing with the reasoning. Waste Management IS difficult, but it's also a process that we as a society have pretty well figured out. It's a pretty great example of why a libertarian approach doesn't work. Since the libertarian credo is basically "fuck you, I got mine" things that no one wants to deal with like safe and effective waste management turn into burn pits and hazardous dump sites.
So even back in the early 90s when I dabbled in Libertarianism, people had a more nuanced take here, in that shared resources like water and air that crossed land boundaries would be protected by law. For instance you could do a class action lawsuit against the person damaging your air and water. But no one is that nuanced now.
What country are you from btw? I wrote a whole paper on waste management as a Big Problem that the world faces and I just find it hard to believe that we just some how have a magical solution is rampant consumerism and consumption, not to mention ewaste.
Do we have stuff on paper? Yeah of course, but implemented effectively and consistently? Not so sure. Some pretty big fucking rats out here and they aren’t getting that size from hitting the gym. I’ll tell you that much.
I mean there is more to the story, essentially if you've seen wild wild country they did that where they become the majority then decided against public works
Unfortunately Libertarians suffer from the abject stupidity of "libertarians"
Very few of us have read Locke and Through and run on the ideals of the Non Aggression Principle but we do exist.
Simply stated if you're arguing with a "libertarian" And their point of view would be an attack on another person or group or a trespass on another's rights they're probably not a libertarian.
The purpose of government is the monopoly of violence. Ideally this violence should only be used to protect rights and not violate them. Unfortunately it is often the case that government violates rights. Libertarians do not like that.
El libertarian society is a trust based society strengthened by voluntary engagement. In short you're allowed to sell poison if you label it as poison but you're not allowed to sell medicine that is actually poison.
Unironically Ron Swanson is a pretty apt description of accurate libertarian philosophy.