In the 90’s, libertarians were against any consolidation of power (including corporations) that could infringe on individual rights. (This was roughly in Ron Paul’s time.)
That’s been replaced with corporate libertarians, which are against any government power that could infringe on the rights of corporations. See also Rand Paul, and the corporatist movement (which is sadly mainstream in the US, an offshoot of fascism, and essentially indistinguishable from modern libertarianism).
Anyway, they are many things, but I wouldn’t say they’re hypocritical.
It's massively hypocritical, even if the people don't realise it right away.
If you take libertarianism to its logical conclusion you wind up with feudalism, which is anything but free.
Whenever libertarians try to take their philosophy through to its logical conclusion in practice they just wind up reinventing government only worse (or reinventing banking only worse in the case of crypto).
In the United States, the libertarian caucus in power since 2022 has several leaders that could be said to be against individual rights, especially if you look within the Free State movement, oddly enough. However, they narrowly avoided their candidacy in this last election. The whole thing is a mess.
That’s been replaced with corporate libertarians, which are against any government power that could infringe on the rights of corporations. See also Rand Paul, and the corporatist movement (which is sadly mainstream in the US, an offshoot of fascism, and essentially indistinguishable from modern libertarianism).
Anyway, they are many things, but I wouldn’t say they’re hypocritical.