Socialism Versus Libertarianism

Socialism (advocacy of socialized costs) necessarily entails regulation and enforcement in order to control costs (necessarily low incentive for conserving socialized or subsidized assets). If one desires personal freedom (libertarianism) from social control, then one has to accept personal responsibility without a social safety net. This is also a very consistent system because costs are very controlled (natural incentive level for conservation) and they are borne by the individuals so the society cannot use that as an excuse for regulating the lives of the individuals.

The consequences of the two systems are as follows (trying to be as fair as possible):

Socialism:
neutral: low personal choice, high social choice

good: scientific, many public/subsidized services (parks, museums, monuments, sculpture, roads, libraries, fountains, light rails, sidewalks, beaches, ...), few decisions required, high amount of public information (potentially) available, decent pollution control

bad: requires a powerful centralized goverment, which leads to totalitarianism, over-reliance on the integrity of scientists, high social regulation, intrusive amounts of information collected, high control (fines, jail terms, licenses, ID cards, censuses,..), high taxation (to pay for the regulation and enforcement), high poverty (due to socialized incentives), and inflation

Libertarianism (Paleoconservatism): high personal choice, minimal social choice (only to the extent that one agresses another's property)

bad: lack of public places (parks, roads, fountains, monuments), lots of important decisions required, lots of personal regulation required, no social choice, lots of undirected marketing, lots of temptations (addictive drugs, pornography, ....), requires arming or contracting with a protection agency

good: distributed contracted power, lots of personal choice, no monopoly on regulations, a plethora of private services (security services, road services, private transportation vehicles, legal services, brokerage services, variety of religious services.), private roads, shopping malls, insurance companies, a choice of spiritual facilities, relatively inexpensive/attractive goods, coffee shops, clubs, gated communities with communal facilities, private research facilities, etc.