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Classical liberalism, contrary to progressive branches like social liberalism, looks more negatively on social policies, taxation and the state involvement in the lives of individuals, and it advocates deregulation. [2] Until the Great Depression and the rise of social liberalism, classical liberalism was called economic liberalism.
Individual contributors to classical liberalism and political liberalism are associated with philosophers of the Enlightenment. Liberalism as a specifically named ideology begins in the late 18th century as a movement towards self-government and away from aristocracy .
The diversity of liberalism can be gleaned from the numerous qualifiers that liberal thinkers and movements have attached to the term "liberalism", including classical, egalitarian, economic, social, the welfare state, ethical, humanist, deontological, perfectionist, democratic, and institutional, to name a few. [64]
By the end of the 19th century, the principles of classical liberalism were being increasingly challenged by downturns in economic growth, a growing perception of the evils of poverty, unemployment and relative deprivation present within modern industrial cities and the agitation of organized labour. The ideal of the self-made individual, who ...
According to 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. The point of difference comes with the influence of social liberalism". [1]
Baum said a liberal arts education at classical academies encourages the understanding and expression of different opinions. ... "Modern thinkers as well as classical thinkers are going to be a ...
John Locke's portrait by Godfrey Kneller, National Portrait Gallery, London. John Locke (/ l ɒ k /; 29 August 1632 – 28 October 1704 ()) [13] was an English philosopher and physician, widely regarded as one of the most influential of the Enlightenment thinkers and commonly known as the "father of liberalism".
Bulk-buying, bargain-hunting shoppers propelled Costco Wholesale (NASDAQ: COST) to a record-breaking 2024 for sales and earnings. The discount retailer is benefiting from a resilient economic ...