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What (who) is economic liberalism - definition
Economic liberalism
![[[Adam Smith]] was an early advocate for economic liberalism.](https://commons.wikimedia.org/wiki/Special:FilePath/AdamSmith.jpg?width=200 "[[Adam Smith]] was an early advocate for economic liberalism.")
POLITICAL AND ECONOMIC IDEOLOGY
Libertarian economics; Liberal economy; Liberal economics; Liberal Economics; Liberal Economy; Economic Liberalism; Liberal Theory of Economics; Liberal economic theory; Liberal Economic Theory; Economic liberal theory; Economic Liberal Theory; Theory of Economic Liberalism; Theory of Liberal Economy; Theory of liberal economy; Liberal Theory of Economy; Liberal theory of economy; Economic libertarian; Libertarian economic views; Economic libertarians; Economically libertarian; Liberal capitalism; Laissez-faire liberalism; Economically liberal; Economic liberals; Economic liberal; Liberalized economy; Liberal theory of economics; Unfettered capitalism; Unregulated capitalism; Economic noninterventionism; Economic non-interventionism; State noninterventionism; State non-interventionism; Deregulated capitalism; Marketism; Liberal economic; Liberal economists; Liberal capitalist; Liberal economist
Economic liberalism is a political and economic ideology that supports a market economy based on individualism and private property in the means of production. Economic liberalism has been generally described as representing the economic expression of 19th-century liberalism until the Great Depression and rise of Keynesianism in the 20th century.
Social liberalism
![[[Alexander Rüstow]]](https://commons.wikimedia.org/wiki/Special:FilePath/Alexander Rüstow.jpg?width=200 "[[Alexander Rüstow]]")
![[[Franklin D. Roosevelt]], the 32nd [[President of the United States]], whose [[New Deal]] domestic policies defined [[American liberalism]] for the middle third of the 20th century](https://commons.wikimedia.org/wiki/Special:FilePath/FDR in 1933.jpg?width=200 "[[Franklin D. Roosevelt]], the 32nd [[President of the United States]], whose [[New Deal]] domestic policies defined [[American liberalism]] for the middle third of the 20th century")
![[[Leonard Hobhouse]] was one of the originators of social liberalism, notably through his book ''Liberalism'', published in 1911](https://commons.wikimedia.org/wiki/Special:FilePath/Leonard Trelawny Hobhouse, c1910.jpg?width=200 "[[Leonard Hobhouse]] was one of the originators of social liberalism, notably through his book ''Liberalism'', published in 1911")
![National Health Insurance Act of 1911]] and the legislation provided benefits to sick and unemployed workers, marking a major milestone in the development of [[social welfare]]](https://commons.wikimedia.org/wiki/Special:FilePath/National-insurance-act-1911.jpg?width=200 "National Health Insurance Act of 1911]] and the legislation provided benefits to sick and unemployed workers, marking a major milestone in the development of [[social welfare]]")
![[[Friedrich Naumann]]](https://commons.wikimedia.org/wiki/Special:FilePath/Portrait Friedrich Naumann (ca. 1911).jpg?width=200 "[[Friedrich Naumann]]")
![[[Thomas Hill Green]]](https://commons.wikimedia.org/wiki/Special:FilePath/Thomashillgreen.jpg?width=200 "[[Thomas Hill Green]]")
POLITICAL IDEOLOGY WITHIN LIBERALISM
Left liberal; Social Liberalism; Social Liberal; Social liberal; Social-liberalism; Left-liberal; Welfare liberalism; Welfare Liberalism; Social-liberal; Progressive liberalism; Left-liberalism; Left liberalism; Socialliberalism; Social liberals; Contemporary liberalism; Socially liberal; Egalitarian liberalism; Social left; Reform liberalism; List of social liberal parties; Left liberals; Liberal left; Keynesian liberalism; Left-wing liberal
Social liberalism (, , ), also known as new liberalism in the United Kingdom, modern liberalism, or simply liberalism in the contemporary United States,Pease, Donald E.; Wiegman, Robyn (eds.
Classical liberalism
![A meeting of the [[Anti-Corn Law League]] in [[Exeter Hall]] in 1846](https://commons.wikimedia.org/wiki/Special:FilePath/1846 - Anti-Corn Law League Meeting.jpg?width=200 "A meeting of the [[Anti-Corn Law League]] in [[Exeter Hall]] in 1846")
![[[John Locke]]](https://commons.wikimedia.org/wiki/Special:FilePath/Locke-John-LOC.jpg?width=200 "[[John Locke]]")
POLITICAL PHILOSOPHY AND IDEOLOGY BELONGING TO LIBERALISM
Classical liberal; Classical Liberalism; Classic liberalism; Classical Liberal; Classical Libertarian; Classical liberals; History of Libetarianism; History of classical liberalism; Classical liberalists; Classical liberalist; Clasical Libralism; Traditional liberalism; Classic liberal; Laissez-faire liberal; Laissez-faire liberals; Classic Liberalism; Classical Liberal Party; True liberalism; Classically liberal; Clasical liberalism; Classical-liberal; Evolution of classical liberalism; Classical Liberals; List of classical liberal parties; New York Times democracy
Classical liberalism is a political tradition and a branch of liberalism that advocates free market and laissez-faire economics; civil liberties under the rule of law with especial emphasis on individual autonomy, limited government, economic freedom, political freedom and freedom of speech. It gained full flowering in the early 18th century, building on ideas stemming at least as far back as the 13th century within the Iberian, Anglo-Saxon, and central European contexts and was foundational to the American Revolution and "American Project" more broadly.
Examples of use of economic liberalism
1. On economic liberalism There is absolutely no contradiction between economic liberalism and financial discipline on the one hand, and fairness and social justice on the other.
2. Communist Refoundation has made clear it fundamentally disagrees with Mr Prodi‘s economic liberalism.
3. It will want to make change, the radical liberating change of Darwinian economic liberalism.
4. That gives Britain and the UK an opportunity to press home the merits of economic liberalism.
5. This will involve an assertion of social as well as economic liberalism.