The Libertarian argument is that what we have now is worse. But I can point you to a time and place in history where they did the exact opposite of what we have done, and it was, in fact, the exact thing the Libertarians are asking for now, and it produced results far worse than anything we have experienced up till now.Well, no need to be coy! What was the time and place in history? Let me guess: Before the invention of the printing press? Before the invention of gunpowder? When most people still believed in witches? Certainly before the penning of the Bill of Rights?
Regards,
Well, no need to be coy! What was the time and place in history? Let me guess: Before the invention of the printing press? Before the invention of gunpowder? When most people still believed in witches? Certainly before the penning of the Bill of Rights? 1840 China. Opium was legalized. 60 years later, Half the population of Manchuria was addicted.
Their three thousand year old form of government collapsed a decade later. The nation went through one rack and ruin after another until a Dictator, taking advantage of all the social upheaval, finally ended up shooting all the drug addicts and ruling thereafter with an Iron fist for the next 40 years. 
70 million people died, and it all started with the societal collapse caused by legalized opium.