[Reprint of 2013 article.]
There is a kind of libertarianism that’s nothing more or less than a strain in the American psyche, an emotional tendency toward individualism and personal liberty. That’s fine and even admirable.
We’re talking about the other libertarianism, the political philosophy whose avatar is the late writer Ayn Rand. It was once thought that this extreme brand of libertarianism, one that celebrates greed and even brutality, had died in the early 1980s with Rand herself. Many Rand acolytes had already gone underground, repressing or disavowing the more extreme statements of their youth and attempting to blend in with more mainstream schools of thought in respectable occupations.
There was a good reason for that. Randian libertarianism is an illogical, impractical, inhumane, unpopular set of Utopian ravings which lacks internal coherence and has never predicted real-world behavior anywhere. That’s why, reasonably enough, the libertarian movement evaporated in the late 20th century, its followers scattered like the wind.