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Why Liberalism Failed is a critique of political, social, and economic liberalism as practiced by both American Democrats and Republicans.According to Deneen, "we should rightly wonder whether America is not in the early days of its eternal life but rather approaching the end of the natural cycle of corruption and decay that limits the lifespan of all human creations."
[202] [203] However, liberalism still faces challenges, especially with the phenomenal growth of China as a model combination of authoritarian government and economic liberalism. [204] Liberalism is frequently cited as the dominant ideology of the modern era. [4] [5]: 11
In the United States, classical liberalism, also called laissez-faire liberalism, [92] is the belief that a free-market economy is the most productive and government interference favors a few and hurts the many [original research?] —or as Henry David Thoreau stated, "that government is best which governs least". Classical liberalism is a ...
Liberalism became a distinct movement in the Age of Enlightenment, gaining popularity among Western philosophers and economists. Liberalism sought to replace the norms of hereditary privilege, state religion, absolute monarchy, the divine right of kings and traditional conservatism with representative democracy, rule of law, and equality under ...
Lowi's seminal book, first published in 1969, was titled The End of Liberalism, and presented a critique of the role of interest groups in American government, [1] arguing that "any group representing anything at all, is dealt with and judged according to the political resources it brings to the table and not for the moral or rationalist ...
John Locke, a liberal philosopher, was an important theorist of liberal government. Writing in his Two Treatises of Government, Locke reasoned that men living in a state of nature would voluntarily join in a social contract, forming a "commonwealth" or government. Locke further reasoned that the powers of the government had to be restricted to ...
[40] In Europe, liberalism usually means what is sometimes called classical liberalism, a commitment to limited government, laissez-faire economics. This classical liberalism sometimes more closely corresponds to the American definition of libertarianism, although some distinguish between classical liberalism and libertarianism. [41]
Milton Friedman, wrote in his early essay "Neo-liberalism and Its Prospects" that "Neo-liberalism would accept the nineteenth-century liberal emphasis on the fundamental importance of the individual, but it would substitute for the nineteenth century goal of laissez-faire as a means to this end, the goal of the competitive order", which ...