Heres something I don't get. So on the historical political spectrum it goes Far-Left is Communism/Socialism and on the Far-Right is Nazism/Fascism. But what if your libertarian and believe in a constitutional republic/less economic intervention. How would you fit on the spectrum because Fascism is strongly statist. Also how would other ideologies fit on the spectrum like say feudalism etc. The same goes if the spectrum is Socialism Vs Capitalism.
Then you're out of place in time and space, because there's no going back to a time in which the state played a marginally less important role (not that it ever really didn't play any role in capital accumulation, as that's why modern nation-states exist in the first place) in the economy, because capitalism needs a managerial apparatus to continue functioning in the era of monopoly-capital. Libertarianism as an ideology is an un-realizable utopia precisely because the class which controls and directs the affairs of the state (i.e. the class that libertarians often praise for being job-creators or whatever) has no interest in not having a state that will deploy bodies of armed men to beat up strikers and protesters, send working class kids to countries halfway around the world to kill other working class kids so that said class can buy up oil companies, etc, etc.
Libertarianism is closer to liberalism than it is any sort of traditionally conservative ideology largely because it celebrates capitalism as part of its core ideology, which kind of makes things tricky when it comes to labeling it because we know that in the past, the right (in the sense of the conservative, traditionalist right) has been more skeptical of markets (given that they cause a f#ckton of social instability) than they are now. Nevertheless, it is also profoundly reactionary in the sense that it wishes to return to an idyllic capitalist past that didn't actually exist.