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Economic liberalism is a much broader concept than fiscal liberalism, which is called fiscal conservatism or economic libertarianism in the United States. [12] The ideology that highlighted the financial aspect of economic liberalism is called fiscal liberalism, which is defined as support for free trade .
Economic liberalization also often involves reductions of taxes, social security, and unemployment benefits. Economic liberalization is often associated with privatization , which is the process of transferring ownership or outsourcing of a business, enterprise, agency, public service or public property from the public sector to the private ...
Economic liberalization, or economic liberalisation, is the lessening of government regulations and restrictions in an economy in exchange for greater participation by private entities. In politics, the doctrine is associated with classical liberalism and neoliberalism .
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. [41]
T. H. Green, an influential liberal philosopher who established in Prolegomena to Ethics (1884) the first major foundations for what later became known as positive liberty and in a few years, his ideas became the official policy of the Liberal Party in Britain, precipitating the rise of social liberalism and the modern welfare state (from ...
Social liberalism is a combination of economic Keynesianism and cultural liberalism. Classical liberalism is economic liberalism that partially embraces cultural liberalism. Conservative liberalism is an ideology that highlights the conservative aspect of liberalism, so it can appear in a somewhat different form depending on the local reality.
Articles relating to economic liberalism, a political and economic ideology based on strong support for a market economy and private property in the means of production. Economic liberals tend to oppose government intervention in the free market when it inhibits free trade and open competition , but support government intervention to protect ...
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]