Well the "libertarianism" part is the clue. They were always the corporations.
The essay briefly mentions "Open Source" which of course was the corporate friendly rebrand of Free Software.
I'd quibble about the copyright/patents part. This was a time when large corporations were "harmonizing" their ownship of IP ever higher across the globe.
Wanting less of that wasn't crazy. Assuming the free market fairy would deliver it was at best certifiablly naive, at worst a spoiler operation to distract from actually doing it through normal democratic government channels.
Also, "Magna Carta" is fitting as the original was a deal between a King and his Barons. It's pointed to as a step on the path to modern democracy but that's not what they were doing at the time. The powerful were asserting their rights.