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Classical liberalism is a political tradition and a branch of liberalism that advocates free market and laissez-faire economics and civil liberties under the rule of law, with special emphasis on individual autonomy, limited government, economic freedom, political freedom and freedom of speech. [1]
Major examples include Theodore Roosevelt's Square Deal and New Nationalism, Woodrow Wilson's New Freedom, Franklin D. Roosevelt's New Deal, Harry S. Truman's Fair Deal, John F. Kennedy's New Frontier and Lyndon B. Johnson's Great Society. In the first half of the 20th century, both major American parties had a conservative and a liberal wing.
Modern liberalism is one of two major political ideologies in the United States, with the other being conservatism. According to American philosopher Ian Adams, all major American parties are "liberal and always have been. Essentially they espouse classical liberalism, that is a form of democratized Whig constitutionalism plus the free market.
Classical liberalism is a philosophy of individualism and self-responsibility with little concern for groups or sub-communities. Classical liberals in the United States believe that if the economy is left to the natural forces of supply and demand, free of government intervention, the result is the most abundant satisfaction of human wants.
Today, liberal parties ... Classical liberalism is a political tradition and a branch of liberalism that advocates free market and laissez-faire ... for example, by ...
Besides conservatism and liberalism, the United States has a notable libertarian movement, developing during the mid-20th century as a revival of classical liberalism. Historical political movements in the United States have been shaped by ideologies as varied as republicanism , populism , separatism , fascism , socialism , monarchism , and ...
Articles relating to classical liberalism, a political ideology and a branch of liberalism that advocates civil liberties under the rule of law with an emphasis on economic freedom. Closely related to economic liberalism , it developed in the 18th century, building on ideas as a response to urbanization and to the Industrial Revolution in ...
Liberalism nowadays refers to a support for individual liberties and limited government. The term is generally used with a reference to a particular policy area, e.g. "market liberalism" or "social liberalism". Unqualified liberalism is less common; in its extreme form it is known by the American term libertarianism.