Kandahar said:
Libertarians are conservative in some ways. But reactionary? Hardly...the socialists are the reactionaries, as they want to stick to outdated ideas that have been proven to not work. Libertarians are very progressive.
No the socialists are either liberals or radicals the Libertarians/Republicans are conservative or Reactionary here maybe this will help:
Radical: Seen as being on the far left of the political spectrum, radicals call for wide-sweeping rapid change in the basic structure of the political, social, or economic system. They may be willing to resort to extreme methods to bring about change, including the use of violence and revolution.
Liberal: Liberals believe that the government should be actively involved in the promotion of social welfare of a nation's citizens. Liberals usually call for peaceful, gradual change within the existing political system. They reject violent revolution as a way of changing the way things are, often called the status quo.
Moderate: Moderates may share viewpoints with both liberals and conservatives. They are seen as tolerant of other people's views, and they do not hold extreme views of their own. They advocate a "go-slow" or "wait-and-see" approach to social or political change.
Conservative: People who hold conservative ideals favor keeping things the way they are or maintaining the status quo if it is what they desire. Conservatives are usually hesitant or cautious about adopting new policies, especially if they involve government activism in some way. They feel that the less government there is, the better. They agree with Jefferson's view that "the best government governs least."
Reactionary: A reactionary (sometimes: reactionist, or regressive) is someone who seeks to restore conditions to those of a previous era. The political attitude of a reactionary is reactionism or regressivism. Reaction is always presented against something that it opposes.
In the case of the United States the Libertarians are most definately reactionary in that they want to revert back to the times before big government and socialism reered their ugly heads during the WW1 and WW2 era in that the Republicans aren't even conservative in the traditional sense anymore.