“Each person is living for himself his own happiness is all he can ever personally feel.”
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Everyone will experience the consequences of his own acts. If his act are right, he'll get good consequences if they're not, he'll suffer for it.
A Libertarian society of unfettered individualism spreads its benefits to virtually everyone - not just those who have the resources to seize political power.
If younger people see older people who haven't planned ahead and have to rely on charity, the young will be more likely to provide for the future. Today when someone plans poorly, the only consequence people see is a demand for more government.
Left-wing politicians take away your liberty in the name of children and of fighting poverty, while right-wing politicians do it in the name of family values and fighting drugs. Either way, government gets bigger and you become less free.