I think that the old arch-enemies, socialists/communists on the one side and libertarians on the other side, have one thing in common: There does not exist (and has never existed) a country or society that could serve as a model for the ideal, the Utopia they have in mind.
There has never been a socialist/communist country that created enough wealth for its citizens to make them happy and that respected basic human rights (freedom of expression, freedom of movement ...). That is why a lot of denizens of those "workers' paradises" tried to get out of it.
And there has never been a country with a minimal state, a truly small government that has created economic growth and wealth for the many (not only for the few) over a longer period of time. There are some countries in the world with "small government", but none of them is rich or on its way to become rich (only enriching a small elite by extractive institutions). Examples are countries like Mozambique (which, spending $1.3 billion in 2016, had a per capita pure public goods expenditure around 1% of the US total.)
Astrobiologists have coined the term "Goldilocks zone" which refers to the habitable zone around a star: neither too hot nor too cold, just perfect. And this zone is rather small compared to the uninhabitable space around.
My impression is that there is a kind of "Goldilocks zone" of socio-economic wealth and prosperity: if there is too much top-down regulation (socialism!), any initiative is stifled, no sustained growth is achieved and little wealth is created.
But if - like in a libertarian utopia - the state, the government, limits itself to creating the playing field, setting some basic rules, and than withdraws from the playing field, letting market forces do the rest, the result is a society where in the end a few robber-barons share the pie among themselves and 95% of the population scrambles for the crumbs (as it is the case in many so-called third-world countries)
I am glad to live in a country (Germany) that is still right in the middle of the socio-economic Goldilocks zone.
What about the USA? Is it on a slippery slope towards the edge?