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The true meaning of Liberalism


copperhead

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From Wikipedia...

 

http://en.wikipedia.org/wiki/Classical_liberalism

 

Classical liberalism (also known as traditional liberalism[1] and laissez-faire liberalism,[2], market liberalism[3] or, in much of the world, simply called liberalism) is a doctrine stressing individual freedom and limited government. This includes the importance of human rationality, individual property rights, natural rights, the protection of civil liberties, constitutional limitations of government, free markets, and individual freedom from restraint as exemplified in the writings of John Locke, Adam Smith, David Hume, David Ricardo, Voltaire, Montesquieu and others. As such, it is the fusion of economic liberalism with political liberalism.[2] The "normative core" of classical liberalism is the idea that laissez-faire economics will bring about a spontaneous order or invisible hand that benefits the society,[4] though it does not necessarily oppose the state's provision of a few basic public goods.[5] The qualification classical was applied in retrospect to distinguish early nineteenth-century liberalism from changes in liberal thought during the 19th and early 20th centuries, especially the "new liberalism" associated with Thomas Hill Green, Leonard Trelawny Hobhouse,[6] and Franklin D. Roosevelt,[7] which grants the state a more interventionist role in the economy, including a welfare state. Classical liberalism is not to be confused with the ideology that is commonly called "liberalism" today in the United States, as "classical liberalism" is closer in economic aspects to what today is a claimed current of "conservatism" in the U.S.[8]

 

Ludwig von Mises, Friedrich Hayek, Murray N. Rothbard and other followers of the Austrian School developed even further the liberal ideas, culminating in Minarchism and Anarcho-Capitalism, which are the main flags of libertarian politics. They, together with Milton Friedman, are credited with influencing a revival of classical liberalism in the 20th century after it fell out of favor beginning in the late nineteenth century and much of the twentieth century.[9][10] In relation to economic issues, this revival is sometimes referred to, mainly by its opposers, as "neoliberalism". It must be said that the German "ordoliberalism" has a whole different meaning, since the likes of Alexander Rüstow and Wilhelm Röpke have advocated a more interventionist state, as opposed to laissez-faire liberals[11][12].

 

Liberalism changed from this to how we know it today around the 1930's during the "new deal" era, when the Communists infiltrated.

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