Libertarian political philosophy, as a practical matter, does not offer a prefabricated set of solutions to collective problems. Rather, it’s a liberty-based approach to ameliorating collective problems that begins by acknowledging (among other things) the dispersion, incompleteness, and tacit dimension of relevant knowledge. Thus, the approach favors decentralization, competition (in ideas and services), and choice about what trade-offs to make and with whom to cooperate. Perhaps ironically, to succeed, individualism requires and produces the collective intelligence that only markets embody.
Orwell on Socialists
"The truth is that, to many people calling themselves Socialists, revolution does not mean a movement of the masses with which they hope to associate themselves; it means a set of reforms which ’we’, the clever ones, are going to impose upon ’them’, the Lower Orders."...
