It really depends on the libertarian.
Nowadays, 'libertarian' can mean anything, from a neo-con war hawk (Neal Boortz, Wayne Root) to a mindless GOP bureaucrat (Bob Barr), to a doctrinaire Leftist (Bill Maher, Camille Paglia).
Libertarian used to mean "anarcho-capitalist", but nowadays, it means very little that is principle-based. The Libertarian Party is oblivious to this, of course, as they are oblivious to a great many practical things--and what your political label stands for is a very practical matter.
This privatization of roads issue is just the sort of argument libertarians, with their original anarcho-capitalist leanings, used to love to debate. But libertarianism may begin to die out now after years of ineffectual politics and 2008's failure to establish strong party principles. The libertarian voice, today, is muddled.
So, in my opinion, it defaults to our new philosophy that is replacing libertarianism--constitutionalism.
The Constitution provides for government roads in Article I, Section Eight. I can see no real need or positive value for privately owned toll roads.
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