The difference between libertarianism and socialism is that libertarians will tolerate the existence of a socialist community, but socialists can't tolerate a libertarian community.
We should distinguish at this point between "government" and "state" ... A government is the consensual organization by which we adjudicate disputes, defend our rights, and provide for certain common needs ... A state on the other hand, is a coercive organization asserting or enjoying a monopoly over the use of physical force in some geographic area and exercising power over its subjects.
One difference between libertarianism and socialism is that a socialist society can't tolerate groups of people practicing freedom, but a libertarian society can comfortably allow people to choose voluntary socialism. If a group of people - even a very large group - wanted to purchase land and own it in common, they would be free to do so. The libertarian legal order would require only that no one be coerced into joining or giving up his property.
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