No, it's an ideology. Principles don't have names, political parties, blind followers etc. Principles are or aren't. Libertarianism has already been destroyed by reality in the form of the Tea Party.The useless ideology you refer to, is a principle.
I hold that all individuals have the right to exercise sole dominion over their own lives, and have the right to live in whatever manner they choose, so long as they do not forcibly interfere with the equal right of others to live in whatever manner they choose.
As govt. grows this dominion is reduced.
Moreover, over 90% of the issues we face are connected and/or intertwined, and the 1 by 1 method ends up being just as flawed.
Many of the issues we face can be solved in isolation. If the govt stopped buying mortgages home prices would come back to real levels. If the govt stopped guaranteeing student loans and forbidding people to declare bankruptcy/defaulting on them, tuitions would go down. We already see what's going on with healthcare.... again, a well managed single payer program or regulations on the things actually driving costs (the completely arbitrary pricing of services for example) would actually solve the problem.
U know what tho, Im tired of giving u all this game. Keep clinging to meaningless ideologies and letting white men who probably hate you do all your thinking for you. People who are too scared to think for themselves deserve whatever comes to them