HOME

TheInfoList



OR:

Classical liberalism is a political tradition and a
branch A branch, also called a ramus in botany, is a stem that grows off from another stem, or when structures like veins in leaves are divided into smaller veins. History and etymology In Old English, there are numerous words for branch, includ ...
of
liberalism Liberalism is a Political philosophy, political and moral philosophy based on the Individual rights, rights of the individual, liberty, consent of the governed, political equality, the right to private property, and equality before the law. ...
that advocates
free market In economics, a free market is an economic market (economics), system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of ...
and
laissez-faire ''Laissez-faire'' ( , from , ) is a type of economic system in which transactions between private groups of people are free from any form of economic interventionism (such as subsidies or regulations). As a system of thought, ''laissez-faire'' ...
economics and
civil liberties Civil liberties are guarantees and freedoms that governments commit not to abridge, either by constitution, legislation, or judicial interpretation, without due process. Though the scope of the term differs between countries, civil liberties of ...
under the
rule of law The essence of the rule of law is that all people and institutions within a Body politic, political body are subject to the same laws. This concept is sometimes stated simply as "no one is above the law" or "all are equal before the law". Acco ...
, with special emphasis on individual autonomy,
limited government In political philosophy, limited government is the concept of a government limited in power. It is a key concept in the history of liberalism.Amy Gutmann, "How Limited Is Liberal Government" in Liberalism Without Illusions: Essays on Liberal ...
, economic freedom,
political freedom Political freedom (also known as political autonomy or political agency) is a central concept in history and political thought and one of the most important features of democratic societies.Hannah Arendt, "What is Freedom?", ''Between Past and ...
and
freedom of speech Freedom of speech is a principle that supports the freedom of an individual or a community to articulate their opinions and ideas without fear of retaliation, censorship, or legal sanction. The rights, right to freedom of expression has been r ...
. Classical liberalism, contrary to progressive branches like
social liberalism Social liberalism is a political philosophy and variety of liberalism that endorses social justice, social services, a mixed economy, and the expansion of civil and political rights, as opposed to classical liberalism which favors limited g ...
, looks more negatively on
social policies Some professionals and universities consider social policy a subset of public policy, while other practitioners characterize social policy and public policy to be two separate, competing approaches for the same public interest (similar to Compar ...
,
tax A tax is a mandatory financial charge or levy imposed on an individual or legal entity by a governmental organization to support government spending and public expenditures collectively or to regulate and reduce negative externalities. Tax co ...
ation and the state involvement in the lives of individuals, and it advocates
deregulation Deregulation is the process of removing or reducing state regulations, typically in the economic sphere. It is the repeal of governmental regulation of the economy. It became common in advanced industrial economies in the 1970s and 1980s, as a ...
. Until the
Great Depression The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and ...
and the rise of social liberalism, classical liberalism was called
economic liberalism Economic liberalism is a political and economic ideology that supports a market economy based on individualism and private property in the means of production. Adam Smith is considered one of the primary initial writers on economic liberalism ...
. Later, the term was applied as a
retronym A retronym is a newer name for something that differentiates it from something else that is newer, similar, or seen in everyday life; thus, avoiding confusion between the two. Etymology The term ''retronym'', a neologism composed of the combi ...
, to distinguish earlier 19th-century liberalism from social liberalism. By modern standards, in
the United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
, the bare term ''liberalism'' often means social or progressive liberalism, but in
Europe Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east ...
and
Australia Australia, officially the Commonwealth of Australia, is a country comprising mainland Australia, the mainland of the Australia (continent), Australian continent, the island of Tasmania and list of islands of Australia, numerous smaller isl ...
, the bare term ''liberalism'' often means classical liberalism. Classical liberalism gained full flowering in the early 18th century, building on ideas dating at least as far back as the 16th century, within the Iberian, French, British, and Central European contexts, and it was foundational to the
American Revolution The American Revolution (1765–1783) was a colonial rebellion and war of independence in which the Thirteen Colonies broke from British America, British rule to form the United States of America. The revolution culminated in the American ...
and "American Project" more broadly. Notable liberal individuals whose ideas contributed to classical liberalism include
John Locke John Locke (; 29 August 1632 (Old Style and New Style dates, O.S.) – 28 October 1704 (Old Style and New Style dates, O.S.)) was an English philosopher and physician, widely regarded as one of the most influential of the Enlightenment thi ...
,Steven M. Dworetz (1994). ''The Unvarnished Doctrine: Locke, Liberalism, and the American Revolution''. François Quesnay,
Jean-Baptiste Say Jean-Baptiste () is a male French name, originating with Saint John the Baptist, and sometimes shortened to Baptiste. The name may refer to any of the following: Persons * Charles XIV John of Sweden, born Jean-Baptiste Jules Bernadotte, was K ...
,
Montesquieu Charles Louis de Secondat, baron de La Brède et de Montesquieu (18 January 168910 February 1755), generally referred to as simply Montesquieu, was a French judge, man of letters, historian, and political philosopher. He is the principal so ...
,
Voltaire François-Marie Arouet (; 21 November 169430 May 1778), known by his ''Pen name, nom de plume'' Voltaire (, ; ), was a French Age of Enlightenment, Enlightenment writer, philosopher (''philosophe''), satirist, and historian. Famous for his wit ...
,
Marquis de Condorcet Marie Jean Antoine Nicolas de Caritat, Marquis of Condorcet (; ; 17 September 1743 – 29 March 1794), known as Nicolas de Condorcet, was a French Philosophy, philosopher, Political economy, political economist, Politics, politician, and m ...
,
Thomas Paine Thomas Paine (born Thomas Pain; – In the contemporary record as noted by Conway, Paine's birth date is given as January 29, 1736–37. Common practice was to use a dash or a slash to separate the old-style year from the new-style year. In ...
,
Thomas Malthus Thomas Robert Malthus (; 13/14 February 1766 – 29 December 1834) was an English economist, cleric, and scholar influential in the fields of political economy and demography. In his 1798 book ''An Essay on the Principle of Population'', Mal ...
, and
David Ricardo David Ricardo (18 April 1772 – 11 September 1823) was a British political economist, politician, and member of Parliament. He is recognized as one of the most influential classical economists, alongside figures such as Thomas Malthus, Ada ...
. It drew on
classical economics Classical economics, also known as the classical school of economics, or classical political economy, is a school of thought in political economy that flourished, primarily in Britain, in the late 18th and early-to-mid 19th century. It includ ...
, especially the economic ideas espoused by
Adam Smith Adam Smith (baptised 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the field of political economy and key figure during the Scottish Enlightenment. Seen by some as the "father of economics"——— or ...
in Book One of ''
The Wealth of Nations ''An Inquiry into the Nature and Causes of the Wealth of Nations'', usually referred to by its shortened title ''The Wealth of Nations'', is a book by the Scottish people, Scottish economist and moral philosophy, moral philosopher Adam Smith; ...
'', and on a belief in
natural law Natural law (, ) is a Philosophy, philosophical and legal theory that posits the existence of a set of inherent laws derived from nature and universal moral principles, which are discoverable through reason. In ethics, natural law theory asserts ...
. In contemporary times,
Murray Rothbard Murray Newton Rothbard (; March 2, 1926 – January 7, 1995) was an American economist of the Austrian School,Ronald Hamowy, ed., 2008, The Encyclopedia of Libertarianism', Cato Institute, Sage, , p. 62: "a leading economist of the Austri ...
,
Friedrich Hayek Friedrich August von Hayek (8 May 1899 – 23 March 1992) was an Austrian-born British academic and philosopher. He is known for his contributions to political economy, political philosophy and intellectual history. Hayek shared the 1974 Nobe ...
,
Milton Friedman Milton Friedman (; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and ...
,
Ludwig von Mises Ludwig Heinrich Edler von Mises (; ; September 29, 1881 – October 10, 1973) was an Austrian-American political economist and philosopher of the Austrian school. Mises wrote and lectured extensively on the social contributions of classical l ...
,
Thomas Sowell Thomas Sowell ( ; born June 30, 1930) is an American economist, economic historian, and social and political commentator. He is a senior fellow at the Hoover Institution. With widely published commentary and books—and as a guest on T ...
, Walter E. Williams,
George Stigler George Joseph Stigler (; January 17, 1911 – December 1, 1991) was an American economist. He was the 1982 laureate in Nobel Memorial Prize in Economic Sciences and is considered a key leader of the Chicago school of economics. Early life and e ...
, Larry Arnhart,
Ronald Coase Ronald Harry Coase (; 29 December 1910 – 2 September 2013) was a British economist and author. Coase was educated at the London School of Economics, where he was a member of the faculty until 1951. He was the Clifton R. Musser Professor of Eco ...
and James M. Buchanan are seen as the most prominent advocates of classical liberalism. However, other scholars have made reference to these contemporary thoughts as '' neoclassical liberalism'', distinguishing them from 18th-century classical liberalism.Mayne, Alan James (1999). ''From Politics Past to Politics Future: An Integrated Analysis of Current and Emergent Paradigmss''. Westport, Connecticut: Greenwood Publishing Group. pp. 124–125. . In its defense of economic liberties, classical liberalism may be described as conservative or
right wing Right-wing politics is the range of Ideology#Political ideologies, political ideologies that view certain social orders and Social stratification, hierarchies as inevitable, natural, normal, or desirable, typically supporting this position b ...
, while in its defense of civil liberties, it has more in common with modern liberalism ( the left). Despite this, classical liberals tend to reject the right's higher tolerance for economic protectionism and the left's inclination for collective
group rights Individual rights, also known as natural rights, are rights held by individuals by virtue of being human. Some theists believe individual rights are bestowed by God. An individual right is a moral claim to freedom of action. Group rights, also k ...
due to classical liberalism's central principle of
individualism Individualism is the moral stance, political philosophy, ideology, and social outlook that emphasizes the intrinsic worth of the individual. Individualists promote realizing one's goals and desires, valuing independence and self-reliance, and a ...
. Additionally, in the United States, classical liberalism is considered closely tied to, or synonymous with, American libertarianism.


Evolution of core beliefs

Core beliefs of classical liberals included new ideaswhich departed from both the older
conservative Conservatism is a cultural, social, and political philosophy and ideology that seeks to promote and preserve traditional institutions, customs, and values. The central tenets of conservatism may vary in relation to the culture and civiliza ...
idea of society as a family and from the later
sociological Sociology is the scientific study of human society that focuses on society, human social behavior, patterns of social relationships, social interaction, and aspects of culture associated with everyday life. The term sociology was coined in ...
concept of society as a complex set of
social network A social network is a social structure consisting of a set of social actors (such as individuals or organizations), networks of Dyad (sociology), dyadic ties, and other Social relation, social interactions between actors. The social network per ...
s. Classical liberals agreed with
Thomas Hobbes Thomas Hobbes ( ; 5 April 1588 – 4 December 1679) was an English philosopher, best known for his 1651 book ''Leviathan (Hobbes book), Leviathan'', in which he expounds an influential formulation of social contract theory. He is considered t ...
that individuals created government to protect themselves from each other and to minimize conflict between individuals that would otherwise arise in a
state of nature In ethics, political philosophy, social contract theory, religion, and international law, the term state of nature describes the hypothetical way of life that existed before humans organised themselves into societies or civilisations. Philosoph ...
. These beliefs were complemented by a belief that financial incentive could best motivate labourers. This belief led to the passage of the
Poor Law Amendment Act 1834 The Poor Law Amendment Act 1834 (4 & 5 Will. 4. c. 76) (PLAA) known widely as the New Poor Law, was an Act of Parliament (United Kingdom), act of the Parliament of the United Kingdom passed by the British Whig Party, Whig government of Charles ...
, which limited the provision of social assistance, based on the idea that markets are the mechanism that most efficiently leads to wealth. Drawing on ideas of
Adam Smith Adam Smith (baptised 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the field of political economy and key figure during the Scottish Enlightenment. Seen by some as the "father of economics"——— or ...
, classical liberals believed that it was in the common interest that all individuals be able to secure their own economic self-interest. They were critical of what would come to be the idea of the
welfare state A welfare state is a form of government in which the State (polity), state (or a well-established network of social institutions) protects and promotes the economic and social well-being of its citizens, based upon the principles of equal oppor ...
as interfering in a
free market In economics, a free market is an economic market (economics), system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of ...
.Alan Ryan, "Liberalism", in ''A Companion to Contemporary Political Philosophy'', ed. Robert E. Goodin and Philip Pettit (Oxford: Blackwell Publishing, 1995), p. 293. Despite Smith's resolute recognition of the importance and value of labour and of labourers, classical liberals criticized labour's
group rights Individual rights, also known as natural rights, are rights held by individuals by virtue of being human. Some theists believe individual rights are bestowed by God. An individual right is a moral claim to freedom of action. Group rights, also k ...
being pursued at the expense of
individual rights Individual rights, also known as natural rights, are rights held by individuals by virtue of being human. Some theists believe individual rights are bestowed by God. An individual right is a moral claim to freedom of action. Group rights, also k ...
while accepting corporations' rights, which led to
inequality of bargaining power Inequality of bargaining power in law, economics and social sciences refers to a situation where one party to a bargain, contract or agreement, has more and better alternatives than the other party. This results in one party having greater power ...
. Classical liberals argued that individuals should be free to obtain work from the highest-paying employers, while the
profit motive In economics, the profit motive is the motivation of firms that operate so as to maximize their profits. Mainstream microeconomic theory posits that the ultimate goal of a business is "to make money" - not in the sense of increasing the firm ...
would ensure that products that people desired were produced at prices they would pay. In a free market, both labour and capital would receive the greatest possible reward, while production would be organized efficiently to meet consumer demand. Classical liberals argued for what they called a minimal
state State most commonly refers to: * State (polity), a centralized political organization that regulates law and society within a territory **Sovereign state, a sovereign polity in international law, commonly referred to as a country **Nation state, a ...
and
government A government is the system or group of people governing an organized community, generally a State (polity), state. In the case of its broad associative definition, government normally consists of legislature, executive (government), execu ...
, limited to the following functions: * Laws to protect citizens from wrongs committed against them by other citizens, which included protection of individual rights, private property, enforcement of contracts and common law. * A common national defence to provide protection against foreign invaders. * Public works and services that cannot be provided in a free market such as a stable currency, standard weights and measures and building and upkeep of roads, canals, harbours, railways, communications and postal services. Classical liberals asserted that rights are of a negative nature and therefore stipulate that other individuals and governments are to refrain from interfering with the free market, opposing social liberals who assert that individuals have positive rights, such as the right to vote, the right to an education, the right to healthcare, and the right to a minimum wage. For society to guarantee positive rights, it requires taxation over and above the minimum needed to enforce negative rights. Kelly, D. (1998): ''A Life of One's Own: Individual Rights and the Welfare State'', Washington, DC:
Cato Institute The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded in 1977 by Ed Crane, Murray Rothbard, and Charles Koch, chairman of the board and chief executive officer of Koch Industries.Koch ...
.
Core beliefs of classical liberals did not necessarily include
democracy Democracy (from , ''dēmos'' 'people' and ''kratos'' 'rule') is a form of government in which political power is vested in the people or the population of a state. Under a minimalist definition of democracy, rulers are elected through competitiv ...
nor government by a majority vote by citizens because "there is nothing in the bare idea of majority rule to show that majorities will always respect the rights of property or maintain rule of law".Ryan, A. (1995): "Liberalism", In: Goodin, R. E. and Pettit, P., eds.: ''A Companion to Contemporary Political Philosophy'', Oxford: Blackwell Publishing, p. 293. For example,
James Madison James Madison (June 28, 1836) was an American statesman, diplomat, and Founding Fathers of the United States, Founding Father who served as the fourth president of the United States from 1809 to 1817. Madison was popularly acclaimed as the ...
argued for a constitutional republic with protections for individual liberty over a pure democracy, reasoning that in a pure democracy a "common passion or interest will, in almost every case, be felt by a majority of the whole ... and there is nothing to check the inducements to sacrifice the weaker party". In the late 19th century, classical liberalism developed into neoclassical liberalism, which argued for government to be as small as possible to allow the exercise of
individual freedom Individualism is the moral stance, political philosophy, ideology, and social outlook that emphasizes the intrinsic worth of the individual. Individualists promote realizing one's goals and desires, valuing independence and self-reliance, and ad ...
. In its most extreme form, neoclassical liberalism advocated
social Darwinism Charles Darwin, after whom social Darwinism is named Social Darwinism is a body of pseudoscientific theories and societal practices that purport to apply biological concepts of natural selection and survival of the fittest to sociology, economi ...
.
Right-libertarianism Right-libertarianism,Rothbard, Murray (1 March 1971)"The Left and Right Within Libertarianism". ''WIN: Peace and Freedom Through Nonviolent Action''. 7 (4): 6–10. Retrieved 14 January 2020.Goodway, David (2006). '' Anarchist Seeds Beneath the ...
is a modern form of neoclassical liberalism. However, Edwin Van de Haar states although classical liberal thought influenced libertarianism, there are significant differences between them. Classical liberalism refuses to give priority to liberty over order and therefore does not exhibit the hostility to the state which is the defining feature of libertarianism. As such, right-libertarians believe classical liberals do not have enough respect for individual property rights and lack sufficient trust in the
free market In economics, a free market is an economic market (economics), system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of ...
's workings and
spontaneous order Spontaneous order, also named self-organization in the hard sciences, is the spontaneous emergence of order out of seeming chaos. The term "self-organization" is more often used for physical changes and biological processes, while "spontaneous ...
leading to their support of a much larger state. Right-libertarians also disagree with classical liberals as being too supportive of
central bank A central bank, reserve bank, national bank, or monetary authority is an institution that manages the monetary policy of a country or monetary union. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the mo ...
s and
monetarist Monetarism is a school of thought in monetary economics that emphasizes the role of policy-makers in controlling the amount of money in circulation. It gained prominence in the 1970s, but was mostly abandoned as a direct guidance to monetary ...
policies.


Typology of beliefs

Friedrich Hayek Friedrich August von Hayek (8 May 1899 – 23 March 1992) was an Austrian-born British academic and philosopher. He is known for his contributions to political economy, political philosophy and intellectual history. Hayek shared the 1974 Nobe ...
identified two different traditions within classical liberalism, namely the British tradition and the French tradition: * The British philosophers
Bernard Mandeville Bernard Mandeville, or Bernard de Mandeville (; 15 November 1670 – 21 January 1733), was an Anglo-Dutch philosopher, political economist, satirist, writer and physician. Born in Rotterdam, he lived most of his life in England and used English ...
,
David Hume David Hume (; born David Home; – 25 August 1776) was a Scottish philosopher, historian, economist, and essayist who was best known for his highly influential system of empiricism, philosophical scepticism and metaphysical naturalism. Beg ...
,
Edmund Burke Edmund Burke (; 12 January ew Style, NS1729 – 9 July 1797) was an Anglo-Irish Politician, statesman, journalist, writer, literary critic, philosopher, and parliamentary orator who is regarded as the founder of the Social philosophy, soc ...
,
Adam Smith Adam Smith (baptised 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the field of political economy and key figure during the Scottish Enlightenment. Seen by some as the "father of economics"——— or ...
,
Adam Ferguson Adam Ferguson, (Scottish Gaelic: ''Adhamh MacFhearghais''), also known as Ferguson of Raith (1 July N.S. /20 June O.S. 1723 – 22 February 1816), was a Scottish philosopher and historian of the Scottish Enlightenment. Ferguson was sympath ...
, Josiah Tucker and
William Paley William Paley (July 174325 May 1805) was an English Anglican clergyman, Christian apologetics, Christian apologist, philosopher, and Utilitarianism, utilitarian. He is best known for his natural theology exposition of the teleological argument ...
held beliefs in
empiricism In philosophy, empiricism is an epistemological view which holds that true knowledge or justification comes only or primarily from sensory experience and empirical evidence. It is one of several competing views within epistemology, along ...
, the
common law Common law (also known as judicial precedent, judge-made law, or case law) is the body of law primarily developed through judicial decisions rather than statutes. Although common law may incorporate certain statutes, it is largely based on prece ...
and in traditions and institutions which had spontaneously evolved but were imperfectly understood. *The French philosophers
Voltaire François-Marie Arouet (; 21 November 169430 May 1778), known by his ''Pen name, nom de plume'' Voltaire (, ; ), was a French Age of Enlightenment, Enlightenment writer, philosopher (''philosophe''), satirist, and historian. Famous for his wit ...
,
Jean-Jacques Rousseau Jean-Jacques Rousseau (, ; ; 28 June 1712 – 2 July 1778) was a Republic of Geneva, Genevan philosopher (''philosophes, philosophe''), writer, and composer. His political philosophy influenced the progress of the Age of Enlightenment through ...
,
Denis Diderot Denis Diderot (; ; 5 October 171331 July 1784) was a French philosopher, art critic, and writer, best known for serving as co-founder, chief editor, and contributor to the along with Jean le Rond d'Alembert. He was a prominent figure during th ...
,
Maximilien Robespierre Maximilien François Marie Isidore de Robespierre (; ; 6 May 1758 – 28 July 1794) was a French lawyer and statesman, widely recognised as one of the most influential and controversial figures of the French Revolution. Robespierre ferv ...
,
Louis Antoine de Saint-Just Louis Antoine Léon de Saint-Just (; 25 August 176710 Thermidor, Year II 8 July 1794, sometimes nicknamed the Archangel of Terror, was a French revolutionary, political philosopher, member and president of the National Convention, French ...
,
Marquis de Condorcet Marie Jean Antoine Nicolas de Caritat, Marquis of Condorcet (; ; 17 September 1743 – 29 March 1794), known as Nicolas de Condorcet, was a French Philosophy, philosopher, Political economy, political economist, Politics, politician, and m ...
, the Encyclopedists and the
Physiocrats Physiocracy (; from the Greek for "government of nature") is an economic theory developed by a group of 18th-century Age of Enlightenment French economists. They believed that the wealth of nations derived solely from the value of "land agricult ...
believed in rationalism and sometimes showed hostility to tradition and religion. Hayek conceded that the national labels did not exactly correspond to those belonging to each tradition since he saw the Frenchmen
Montesquieu Charles Louis de Secondat, baron de La Brède et de Montesquieu (18 January 168910 February 1755), generally referred to as simply Montesquieu, was a French judge, man of letters, historian, and political philosopher. He is the principal so ...
,
Benjamin Constant Henri-Benjamin Constant de Rebecque (25 October 1767 – 8 December 1830), or simply Benjamin Constant, was a Swiss and French political thinker, activist and writer on political theory and religion. A committed republican from 1795, Constant ...
,
Joseph De Maistre Joseph Marie, comte de Maistre (1 April 1753 – 26 February 1821) was a Savoyard philosopher, writer, lawyer, diplomat, and magistrate. One of the forefathers of conservatism, Maistre advocated social hierarchy and monarchy in the period immedi ...
and
Alexis de Tocqueville Alexis Charles Henri Clérel, comte de Tocqueville (29 July 180516 April 1859), was a French Aristocracy (class), aristocrat, diplomat, political philosopher, and historian. He is best known for his works ''Democracy in America'' (appearing in t ...
as belonging to the British tradition and the British
Thomas Hobbes Thomas Hobbes ( ; 5 April 1588 – 4 December 1679) was an English philosopher, best known for his 1651 book ''Leviathan (Hobbes book), Leviathan'', in which he expounds an influential formulation of social contract theory. He is considered t ...
,
Joseph Priestley Joseph Priestley (; 24 March 1733 – 6 February 1804) was an English chemist, Unitarian, Natural philosophy, natural philosopher, English Separatist, separatist theologian, Linguist, grammarian, multi-subject educator and Classical libera ...
,
Richard Price Richard Price (23 February 1723 – 19 April 1791) was a British moral philosopher, Nonconformist minister and mathematician. He was also a political reformer and pamphleteer, active in radical, republican, and liberal causes such as the F ...
,
Edward Gibbon Edward Gibbon (; 8 May 173716 January 1794) was an English essayist, historian, and politician. His most important work, ''The History of the Decline and Fall of the Roman Empire'', published in six volumes between 1776 and 1789, is known for ...
,
Benjamin Franklin Benjamin Franklin (April 17, 1790) was an American polymath: a writer, scientist, inventor, statesman, diplomat, printer, publisher and Political philosophy, political philosopher.#britannica, Encyclopædia Britannica, Wood, 2021 Among the m ...
,
Thomas Jefferson Thomas Jefferson (, 1743July 4, 1826) was an American Founding Fathers of the United States, Founding Father and the third president of the United States from 1801 to 1809. He was the primary author of the United States Declaration of Indepe ...
and
Thomas Paine Thomas Paine (born Thomas Pain; – In the contemporary record as noted by Conway, Paine's birth date is given as January 29, 1736–37. Common practice was to use a dash or a slash to separate the old-style year from the new-style year. In ...
as belonging to the French tradition. Hayek also rejected the label ''
laissez-faire ''Laissez-faire'' ( , from , ) is a type of economic system in which transactions between private groups of people are free from any form of economic interventionism (such as subsidies or regulations). As a system of thought, ''laissez-faire'' ...
'' as originating from the French tradition and alien to the beliefs of Hume and Smith. Guido De Ruggiero also identified differences between "Montesquieu and Rousseau, the English and the democratic types of liberalism" and argued that there was a "profound contrast between the two Liberal systems". He claimed that the spirit of "authentic English Liberalism" had "built up its work piece by piece without ever destroying what had once been built, but basing upon it every new departure". This liberalism had "insensibly adapted ancient institutions to modern needs" and "instinctively recoiled from all abstract proclamations of principles and rights". Ruggiero claimed that this liberalism was challenged by what he called the "new Liberalism of France" that was characterised by egalitarianism and a "rationalistic consciousness". In 1848,
Francis Lieber Francis Lieber (18 March 1798 – 2 October 1872) was a German-American jurist and political philosopher. He is best known for the Lieber Code, the first codification of the customary law and the laws of war for battlefield conduct, which serve ...
distinguished between what he called "Anglican and Gallican Liberty". Lieber asserted that "independence in the highest degree, compatible with safety and broad national guarantees of liberty, is the great aim of Anglican liberty, and self-reliance is the chief source from which it draws its strength". On the other hand, Gallican liberty "is sought in government ... . e French look for the highest degree of political civilisation in organisation, that is, in the highest degree of interference by public power".


History


Great Britain

French
physiocracy Physiocracy (; from the Greek for "government of nature") is an economic theory developed by a group of 18th-century Age of Enlightenment French economists. They believed that the wealth of nations derived solely from the value of "land agricult ...
heavily influenced British classical liberalism, which traces its roots to the Whigs and
Radicals Radical (from Latin: ', root) may refer to: Politics and ideology Politics *Classical radicalism, the Radical Movement that began in late 18th century Britain and spread to continental Europe and Latin America in the 19th century *Radical politics ...
. Whiggery had become a dominant ideology following the
Glorious Revolution The Glorious Revolution, also known as the Revolution of 1688, was the deposition of James II and VII, James II and VII in November 1688. He was replaced by his daughter Mary II, Mary II and her Dutch husband, William III of Orange ...
of 1688 and was associated with supporting the British Parliament, upholding the rule of law, defending
landed property In real estate, a landed property or landed estate is a property that generates income for the owner (typically a member of the gentry) without the owner having to do the actual work of the estate. In medieval Western Europe, there were two compe ...
and sometimes included freedom of the press and freedom of speech. The origins of rights were seen as being in an
ancient constitution The ancient constitution of England was a 17th-century political theory about the common law, and the antiquity of the House of Commons, used at the time in particular to oppose the royal prerogative. It was developed initially by Sir Edward Coke, ...
existing from
time immemorial Time immemorial () is a phrase meaning time extending beyond the reach of memory, record, or tradition, indefinitely ancient, "ancient beyond memory or record". The phrase is used in legally significant contexts as well as in common parlance. ...
. Custom rather than as
natural rights Some philosophers distinguish two types of rights, natural rights and legal rights. * Natural rights are those that are not dependent on the laws or customs of any particular culture or government, and so are ''universal'', ''fundamental rights ...
justified these rights. Whigs believed that executive power had to be constrained. While they supported limited suffrage, they saw voting as a privilege rather than as a right. However, there was no consistency in Whig ideology and diverse writers including
John Locke John Locke (; 29 August 1632 (Old Style and New Style dates, O.S.) – 28 October 1704 (Old Style and New Style dates, O.S.)) was an English philosopher and physician, widely regarded as one of the most influential of the Enlightenment thi ...
,
David Hume David Hume (; born David Home; – 25 August 1776) was a Scottish philosopher, historian, economist, and essayist who was best known for his highly influential system of empiricism, philosophical scepticism and metaphysical naturalism. Beg ...
,
Adam Smith Adam Smith (baptised 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the field of political economy and key figure during the Scottish Enlightenment. Seen by some as the "father of economics"——— or ...
and
Edmund Burke Edmund Burke (; 12 January ew Style, NS1729 – 9 July 1797) was an Anglo-Irish Politician, statesman, journalist, writer, literary critic, philosopher, and parliamentary orator who is regarded as the founder of the Social philosophy, soc ...
were all influential among Whigs, although none of them were universally accepted. From the 1790s to the 1820s, British radicals concentrated on parliamentary and electoral reform, emphasising natural rights and popular sovereignty.
Richard Price Richard Price (23 February 1723 – 19 April 1791) was a British moral philosopher, Nonconformist minister and mathematician. He was also a political reformer and pamphleteer, active in radical, republican, and liberal causes such as the F ...
and
Joseph Priestley Joseph Priestley (; 24 March 1733 – 6 February 1804) was an English chemist, Unitarian, Natural philosophy, natural philosopher, English Separatist, separatist theologian, Linguist, grammarian, multi-subject educator and Classical libera ...
adapted the language of Locke to the ideology of radicalism. The radicals saw parliamentary reform as a first step toward dealing with their many grievances, including the treatment of Protestant Dissenters, the slave trade, high prices, and high taxes. There was greater unity among classical liberals than there had been among Whigs. Classical liberals were committed to individualism, liberty, and equal rights, as well as some other important tenants of leftism, since classical liberalism was introduced in the late 18th century as a leftist movement. They believed these goals required a free economy with minimal government interference. Some elements of Whiggery were uncomfortable with the commercial nature of classical liberalism. These elements became associated with conservatism. Classical liberalism was the dominant political theory in Britain from the early 19th century until the First World War. Its notable victories were the
Roman Catholic Relief Act 1829 The Roman Catholic Relief Act 1829 ( 10 Geo. 4. c. 7), also known as the Catholic Emancipation Act 1829, was an act of the Parliament of the United Kingdom that removed the sacramental tests that barred Roman Catholics in the United Kingdom f ...
, the
Reform Act 1832 The Representation of the People Act 1832 (also known as the Reform Act 1832, Great Reform Act or First Reform Act) was an act of the Parliament of the United Kingdom (indexed as 2 & 3 Will. 4. c. 45), enacted by the Whig government of Pri ...
and the repeal of the
Corn Laws The Corn Laws were tariffs and other trade restrictions on imported food and corn enforced in the United Kingdom between 1815 and 1846. The word ''corn'' in British English denotes all cereal grains, including wheat, oats and barley. The la ...
in 1846. The Anti-Corn Law League brought together a coalition of liberal and radical groups in support of free trade under the leadership of
Richard Cobden Richard Cobden (3 June 1804 – 2 April 1865) was an English Radicals (UK), Radical and Liberal Party (UK), Liberal politician, manufacturing, manufacturer, and a campaigner for free trade and peace. He was associated with the Anti–Corn Law L ...
and
John Bright John Bright (16 November 1811 – 27 March 1889) was a British Radical and Liberal statesman, one of the greatest orators of his generation and a promoter of free trade policies. A Quaker, Bright is most famous for battling the Corn La ...
, who opposed aristocratic privilege, militarism, and public expenditure and believed that the backbone of Great Britain was the
yeoman Yeoman is a noun originally referring either to one who owns and cultivates land or to the middle ranks of Serfdom, servants in an Peerage of England, English royal or noble household. The term was first documented in Kingdom of England, mid-1 ...
farmer. Their policies of low public expenditure and low taxation were adopted by
William Gladstone William Ewart Gladstone ( ; 29 December 1809 – 19 May 1898) was a British politican, starting as Conservative MP for Newark and later becoming the leader of the Liberal Party. In a career lasting over 60 years, he was Prime Minister ...
when he became
Chancellor of the Exchequer The chancellor of the exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and the head of HM Treasury, His Majesty's Treasury. As one of the four Great Offices of State, t ...
and later
Prime Minister A prime minister or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. A prime minister is not the head of state, but r ...
. Classical liberalism was often associated with religious dissent and
nonconformism Nonconformity or nonconformism may refer to: Culture and society * Insubordination, the act of willfully disobeying an order of one's superior *Dissent, a sentiment or philosophy of non-agreement or opposition to a prevailing idea or entity ** ...
. Although classical liberals aspired to a minimum of state activity, they accepted the principle of
government intervention A market intervention is a policy or measure that modifies or interferes with a market, typically done in the form of state action, but also by philanthropic and political-action groups. Market interventions can be done for a number of reas ...
in the economy from the early 19th century on, with passage of the
Factory Acts The Factory Acts were a series of acts passed by the Parliament of the United Kingdom beginning in 1802 to regulate and improve the conditions of industrial employment. The early acts concentrated on regulating the hours of work and moral wel ...
. From around 1840 to 1860, ''laissez-faire'' advocates of the Manchester School and writers in ''
The Economist ''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. M ...
'' were confident that their early victories would lead to a period of expanding economic and personal liberty and world peace, but would face reversals as government intervention and activity continued to expand from the 1850s.
Jeremy Bentham Jeremy Bentham (; 4 February Dual dating, 1747/8 Old Style and New Style dates, O.S. 5 February 1748 Old Style and New Style dates, N.S.– 6 June 1832) was an English philosopher, jurist, and social reformer regarded as the founder of mo ...
and
James Mill James Mill (born James Milne; 6 April 1773 – 23 June 1836) was a Scottish historian, economist, political theorist and philosopher. He is counted among the founders of the Ricardian school of economics. He also wrote '' The History of Britis ...
, although advocates of ''laissez-faire'', non-intervention in foreign affairs, and individual liberty, believed that social institutions could be rationally redesigned through the principles of
utilitarianism In ethical philosophy, utilitarianism is a family of normative ethical theories that prescribe actions that maximize happiness and well-being for the affected individuals. In other words, utilitarian ideas encourage actions that lead to the ...
. The
Conservative Conservatism is a cultural, social, and political philosophy and ideology that seeks to promote and preserve traditional institutions, customs, and values. The central tenets of conservatism may vary in relation to the culture and civiliza ...
Prime Minister
Benjamin Disraeli Benjamin Disraeli, 1st Earl of Beaconsfield (21 December 1804 – 19 April 1881) was a British statesman, Conservative Party (UK), Conservative politician and writer who twice served as Prime Minister of the United Kingdom. He played a ...
rejected classical liberalism altogether and advocated Tory democracy. By the 1870s,
Herbert Spencer Herbert Spencer (27 April 1820 – 8 December 1903) was an English polymath active as a philosopher, psychologist, biologist, sociologist, and anthropologist. Spencer originated the expression "survival of the fittest", which he coined in '' ...
and other classical liberals concluded that historical development was turning against them. By the First World War, the
Liberal Party The Liberal Party is any of many political parties around the world. The meaning of ''liberal'' varies around the world, ranging from liberal conservatism on the right to social liberalism on the left. For example, while the political systems ...
had largely abandoned classical liberal principles. The changing economic and social conditions of the 19th century led to a division between neo-classical and social (or welfare) liberals, who while agreeing on the importance of individual liberty differed on the role of the state. Neo-classical liberals, who called themselves "true liberals", saw Locke's '' Second Treatise'' as the best guide and emphasised "limited government" while social liberals supported government regulation and the welfare state. Herbert Spencer in Britain and
William Graham Sumner William Graham Sumner (October 30, 1840 – April 12, 1910) was an American clergyman, social scientist, and neoclassical liberal. He taught social sciences at Yale University, where he held the nation's first professorship in sociology and bec ...
were the leading neo-classical liberal theorists of the 19th century. The evolution from classical to social/welfare liberalism is for example reflected in Britain in the evolution of the thought of
John Maynard Keynes John Maynard Keynes, 1st Baron Keynes ( ; 5 June 1883 – 21 April 1946), was an English economist and philosopher whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originall ...
. Helena Vieira, writing for the
London School of Economics The London School of Economics and Political Science (LSE), established in 1895, is a public research university in London, England, and a member institution of the University of London. The school specialises in the social sciences. Founded ...
, argued that classical liberalism "may contradict some fundamental democratic principles as they are inconsistent with the ''principle of unanimity'' (also known as the '' Pareto Principle'') – the idea that if everyone in society prefers a policy A to a policy B, then the former should be adopted."


Ottoman Empire

The
Ottoman Empire The Ottoman Empire (), also called the Turkish Empire, was an empire, imperial realm that controlled much of Southeast Europe, West Asia, and North Africa from the 14th to early 20th centuries; it also controlled parts of southeastern Centr ...
had liberal free trade policies by the 18th century, with origins in
capitulations of the Ottoman Empire Capitulations of the Ottoman Empire were contracts between the Ottoman Empire and several other Christian powers, particularly France. Turkish capitulations, or Ahidnâmes were generally bilateral acts whereby definite arrangements were enter ...
, dating back to the first commercial treaties signed with France in 1536 and taken further with capitulations in 1673, in 1740 which lowered
duties A duty (from "due" meaning "that which is owing"; , past participle of ; , whence "debt") is a commitment or expectation to perform some action in general or if certain circumstances arise. A duty may arise from a system of ethics or morality, e ...
to only 3% for imports and exports and in 1790. Ottoman free trade policies were praised by British economists advocating free trade such as J. R. McCulloch in his ''Dictionary of Commerce'' (1834) but criticized by British politicians opposing free trade such as
Prime Minister A prime minister or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. A prime minister is not the head of state, but r ...
Benjamin Disraeli Benjamin Disraeli, 1st Earl of Beaconsfield (21 December 1804 – 19 April 1881) was a British statesman, Conservative Party (UK), Conservative politician and writer who twice served as Prime Minister of the United Kingdom. He played a ...
, who cited the Ottoman Empire as "an instance of the injury done by unrestrained competition" in the 1846
Corn Laws The Corn Laws were tariffs and other trade restrictions on imported food and corn enforced in the United Kingdom between 1815 and 1846. The word ''corn'' in British English denotes all cereal grains, including wheat, oats and barley. The la ...
debate, arguing that it destroyed what had been "some of the finest manufactures of the world" in 1812.


United States

In the United States, liberalism took a strong root because it had little opposition to its ideals, whereas in Europe liberalism was opposed by many reactionary or feudal interests such as the nobility; the aristocracy, including army officers; the landed gentry; and the established church.
Thomas Jefferson Thomas Jefferson (, 1743July 4, 1826) was an American Founding Fathers of the United States, Founding Father and the third president of the United States from 1801 to 1809. He was the primary author of the United States Declaration of Indepe ...
adopted many of the ideals of liberalism, but in the
Declaration of Independence A declaration of independence is an assertion by a polity in a defined territory that it is independent and constitutes a state. Such places are usually declared from part or all of the territory of another state or failed state, or are breaka ...
changed Locke's "life, liberty and property" to the more
socially liberal Social liberalism is a political philosophy and variety of liberalism that endorses social justice, social services, a mixed economy, and the expansion of civil and political rights, as opposed to classical liberalism which favors limited g ...
"
Life, Liberty and the pursuit of Happiness "Life, Liberty, and the pursuit of Happiness" is a well-known phrase from the United States Declaration of Independence. Scanned image of the Jefferson's "original Rough draught" of the Declaration of Independence, written in June 1776, includin ...
". As the United States grew, industry became a larger and larger part of American life; and during the term of its first
populist Populism is a contested concept used to refer to a variety of political stances that emphasize the idea of the " common people" and often position this group in opposition to a perceived elite. It is frequently associated with anti-establis ...
President President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university *President (government title) President may also refer to: Arts and entertainment Film and television *'' Præsident ...
,
Andrew Jackson Andrew Jackson (March 15, 1767 – June 8, 1845) was the seventh president of the United States from 1829 to 1837. Before Presidency of Andrew Jackson, his presidency, he rose to fame as a general in the U.S. Army and served in both houses ...
, economic questions came to the forefront. The economic ideas of the Jacksonian era were almost universally the ideas of classical liberalism. Freedom, according to classical liberals, was maximised when the government took a "hands off" attitude toward the economy. Historian Kathleen G. Donohue argues:
the center of classical liberal theory n Europewas the idea of ''laissez-faire''. To the vast majority of American classical liberals, however, ''laissez-faire'' did not mean no government intervention at all. On the contrary, they were more than willing to see government provide tariffs, railroad subsidies, and internal improvements, all of which benefited producers. What they condemned was intervention on behalf of consumers.
''
The Nation ''The Nation'' is a progressive American monthly magazine that covers political and cultural news, opinion, and analysis. It was founded on July 6, 1865, as a successor to William Lloyd Garrison's '' The Liberator'', an abolitionist newspaper ...
'' magazine espoused liberalism every week starting in 1865 under the influential editor
Edwin Lawrence Godkin Edwin Lawrence Godkin (2 October 183121 May 1902) was an American journalist and newspaper editor. He founded ''The Nation'' and was the editor-in-chief of the ''New York Evening Post'' from 1883 to 1899.Eric Fettman, "Godkin, E.L." in Stephen ...
(1831–1902). The ideas of classical liberalism remained essentially unchallenged until a series of depressions, thought to be impossible according to the tenets of
classical economics Classical economics, also known as the classical school of economics, or classical political economy, is a school of thought in political economy that flourished, primarily in Britain, in the late 18th and early-to-mid 19th century. It includ ...
, led to economic hardship from which the voters demanded relief. In the words of
William Jennings Bryan William Jennings Bryan (March 19, 1860 – July 26, 1925) was an American lawyer, orator, and politician. He was a dominant force in the History of the Democratic Party (United States), Democratic Party, running three times as the party' ...
, " You shall not crucify this nation on a cross of gold". Classical liberalism remained the orthodox belief among American businessmen until the
Great Depression The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and ...
.Eric Voegelin, Mary Algozin, and Keith Algozin, "Liberalism and Its History", ''Review of Politics'' 36, no. 4 (1974): 504–520. . The
Great Depression in the United States In the United States, the Great Depression began with the Wall Street Crash of October 1929 and then spread worldwide. The nadir came in 1931–1933, and recovery came in 1940. The stock market crash marked the beginning of a decade of high u ...
saw a sea change in liberalism, with priority shifting from the producers to consumers.
Franklin D. Roosevelt Franklin Delano Roosevelt (January 30, 1882April 12, 1945), also known as FDR, was the 32nd president of the United States, serving from 1933 until his death in 1945. He is the longest-serving U.S. president, and the only one to have served ...
's
New Deal The New Deal was a series of wide-reaching economic, social, and political reforms enacted by President Franklin D. Roosevelt in the United States between 1933 and 1938, in response to the Great Depression in the United States, Great Depressi ...
represented the dominance of modern liberalism in politics for decades. In the words of Arthur Schlesinger Jr.:
Alan Wolfe Alan Wolfe (born 1942) is an American political science, political scientist and a sociologist on the faculty of Boston College who serves as director of the Boisi Center for Religion and American Public Life. He is also a member of the Advisor ...
summarizes the viewpoint that there is a continuous liberal understanding that includes both
Adam Smith Adam Smith (baptised 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the field of political economy and key figure during the Scottish Enlightenment. Seen by some as the "father of economics"——— or ...
and
John Maynard Keynes John Maynard Keynes, 1st Baron Keynes ( ; 5 June 1883 – 21 April 1946), was an English economist and philosopher whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originall ...
: The view that modern liberalism is a continuation of classical liberalism is controversial and disputed by many. James Kurth, Robert E. Lerner, John Micklethwait,
Adrian Wooldridge Adrian Wooldridge (born 1959) is an author and columnist. He is the Global Business Columnist at Bloomberg Opinion. Life and career Wooldridge was educated at Balliol College, Oxford, where he studied modern history and was awarded a fellowsh ...
and several other political scholars have argued that classical liberalism still exists today, but in the form of
American conservatism Conservatism in the United States is one of two major political ideologies in the United States, with the other being liberalism. Traditional American conservatism is characterized by a belief in individualism, traditionalism, capitalism, ...
. According to
Deepak Lal Deepak Kumar Lal (1940 – 30 April 2020) was an Indian-born British liberal economist, author, professor and consultant.http://www.econ.ucla.edu/Lal/cv2004.pdf Best known for his 1983 book, The Poverty of “Development Economics", Lal was ...
, only in the United States does classical liberalism continue to be a significant political force through American conservatism.
American libertarians In the United States, libertarianism is a political philosophy promoting individual liberty. According to common meanings of Conservatism in the United States, conservatism and Modern liberalism in the United States, liberalism in the United S ...
also claim to be the true continuation of the classical liberal tradition. Tadd Wilson, writing for the libertarian
Foundation for Economic Education The Foundation for Economic Education (FEE) is an American Conservatism in the United States, conservative, Libertarianism in the United States, libertarian economics, economic think tank. Founded in 1946 in New York City, FEE is now headquartere ...
, noted that "Many on the left and right criticize classical liberals for focusing purely on economics and politics to the neglect of a vital issue: culture."


Intellectual sources


John Locke

Central to classical liberal ideology was their interpretation of
John Locke John Locke (; 29 August 1632 (Old Style and New Style dates, O.S.) – 28 October 1704 (Old Style and New Style dates, O.S.)) was an English philosopher and physician, widely regarded as one of the most influential of the Enlightenment thi ...
's '' Second Treatise of Government'' and '' A Letter Concerning Toleration'', which had been written as a defence of the Glorious Revolution of 1688. Although these writings were considered too radical at the time for Britain's new rulers, Whigs, radicals and supporters of the
American Revolution The American Revolution (1765–1783) was a colonial rebellion and war of independence in which the Thirteen Colonies broke from British America, British rule to form the United States of America. The revolution culminated in the American ...
later came to cite them. However, much of later liberal thought was absent in Locke's writings or scarcely mentioned and his writings have been subject to various interpretations. For example, there is little mention of
constitutionalism Constitutionalism is "a compound of ideas, attitudes, and patterns of behavior elaborating the principle that the authority of government derives from and is limited by a body of fundamental law". Political organizations are constitutional to ...
, the
separation of powers The separation of powers principle functionally differentiates several types of state (polity), state power (usually Legislature#Legislation, law-making, adjudication, and Executive (government)#Function, execution) and requires these operat ...
and
limited government In political philosophy, limited government is the concept of a government limited in power. It is a key concept in the history of liberalism.Amy Gutmann, "How Limited Is Liberal Government" in Liberalism Without Illusions: Essays on Liberal ...
. James L. Richardson identified five central themes in Locke's writing: *
Individualism Individualism is the moral stance, political philosophy, ideology, and social outlook that emphasizes the intrinsic worth of the individual. Individualists promote realizing one's goals and desires, valuing independence and self-reliance, and a ...
* Consent *
Rule of law The essence of the rule of law is that all people and institutions within a Body politic, political body are subject to the same laws. This concept is sometimes stated simply as "no one is above the law" or "all are equal before the law". Acco ...
and government as trustee * Significance of
property Property is a system of rights that gives people legal control of valuable things, and also refers to the valuable things themselves. Depending on the nature of the property, an owner of property may have the right to consume, alter, share, re ...
*
Religious toleration Religious tolerance or religious toleration may signify "no more than forbearance and the permission given by the adherents of a dominant religion for other religions to exist, even though the latter are looked on with disapproval as inferior, ...
Although Locke did not develop a theory of natural rights, he envisioned individuals in the state of nature as being free and equal. The individual, rather than the community or institutions, was the point of reference. Locke believed that individuals had given consent to government and therefore authority derived from the people rather than from above. This belief would influence later revolutionary movements. As a trustee, government was expected to serve the interests of the people, not the rulers; and rulers were expected to follow the laws enacted by legislatures. Locke also held that the main purpose of men uniting into commonwealths and governments was for the preservation of their property. Despite the ambiguity of Locke's definition of property, which limited property to "as much land as a man tills, plants, improves, cultivates, and can use the product of", this principle held great appeal to individuals possessed of great wealth. Locke held that the individual had the right to follow his own religious beliefs and that the state should not impose a religion against
Dissenter A dissenter (from the Latin , 'to disagree') is one who dissents (disagrees) in matters of opinion, belief, etc. Dissent may include political opposition to decrees, ideas or doctrines and it may include opposition to those things or the fiat of ...
s, but there were limitations. No tolerance should be shown for
atheists Atheism, in the broadest sense, is an absence of belief in the existence of deities. Less broadly, atheism is a rejection of the belief that any deities exist. In an even narrower sense, atheism is specifically the position that there no ...
, who were seen as amoral, or to
Catholics The Catholic Church (), also known as the Roman Catholic Church, is the largest Christian church, with 1.27 to 1.41 billion baptized Catholics worldwide as of 2025. It is among the world's oldest and largest international institut ...
, who were seen as owing allegiance to the Pope over their own national government.


Adam Smith

Adam Smith Adam Smith (baptised 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the field of political economy and key figure during the Scottish Enlightenment. Seen by some as the "father of economics"——— or ...
's ''
The Wealth of Nations ''An Inquiry into the Nature and Causes of the Wealth of Nations'', usually referred to by its shortened title ''The Wealth of Nations'', is a book by the Scottish people, Scottish economist and moral philosophy, moral philosopher Adam Smith; ...
'', published in 1776, was to provide most of the ideas of economics, at least until the publication of
John Stuart Mill John Stuart Mill (20 May 1806 – 7 May 1873) was an English philosopher, political economist, politician and civil servant. One of the most influential thinkers in the history of liberalism and social liberalism, he contributed widely to s ...
's ''
Principles of Political Economy ''Principles of Political Economy'' (1848) by John Stuart Mill was one of the most important economics or political economy textbooks of the mid-nineteenth century. It was revised until its seventh edition in 1871, shortly before Mill's death ...
'' in 1848. Smith addressed the motivation for economic activity, the causes of prices and the distribution of wealth and the policies the state should follow to maximise wealth. Smith wrote that as long as supply, demand, prices and competition were left free of government regulation, the pursuit of material self-interest, rather than altruism, would maximise the wealth of a society through profit-driven production of goods and services. An "
invisible hand The invisible hand is a metaphor inspired by the Scottish economist and moral philosopher Adam Smith that describes the incentives which free markets sometimes create for self-interested people to accidentally act in the public interest, even ...
" directed individuals and firms to work toward the public good as an unintended consequence of efforts to maximise their own gain. This provided a moral justification for the accumulation of wealth, which had previously been viewed by some as sinful. He assumed that workers could be paid wages as low as was necessary for their survival, which was later transformed by
David Ricardo David Ricardo (18 April 1772 – 11 September 1823) was a British political economist, politician, and member of Parliament. He is recognized as one of the most influential classical economists, alongside figures such as Thomas Malthus, Ada ...
and
Thomas Robert Malthus Thomas Robert Malthus (; 13/14 February 1766 – 29 December 1834) was an English economist, cleric, and scholar influential in the fields of political economy and demography. In his 1798 book ''An Essay on the Principle of Population'', Mal ...
into the "
iron law of wages The iron law of wages is a proposed law of economics that asserts that real wages always tend, in the long run, toward the minimum wage necessary to sustain the life of the worker. The theory was first named by Ferdinand Lassalle in the mid-n ...
". His main emphasis was on the benefit of free internal and international trade, which he thought could increase wealth through specialisation in production. He also opposed restrictive trade preferences, state grants of monopolies and employers' organisations and trade unions. Government should be limited to defence, public works and the administration of justice, financed by taxes based on income. Smith's economics was carried into practice in the nineteenth century with the lowering of tariffs in the 1820s, the repeal of the
Poor Relief Act Poor Relief Act (with its variations) is a stock short title used in the United Kingdom for legislation relating to poor relief. List *The Poor Relief Act 1601 *The Poor Relief Act 1662 *The Poor Relief Act 1691 The Poor Relief (Ireland) Acts 183 ...
that had restricted the mobility of labour in 1834 and the end of the rule of the
East India Company The East India Company (EIC) was an English, and later British, joint-stock company that was founded in 1600 and dissolved in 1874. It was formed to Indian Ocean trade, trade in the Indian Ocean region, initially with the East Indies (South A ...
over India in 1858.


Classical economics

In addition to Smith's legacy,
Say's law In classical economics, Say's law, or the law of markets, is the claim that the production of a product creates demand for another product by providing something of value which can be exchanged for that other product. So, production is the source ...
,
Thomas Robert Malthus Thomas Robert Malthus (; 13/14 February 1766 – 29 December 1834) was an English economist, cleric, and scholar influential in the fields of political economy and demography. In his 1798 book ''An Essay on the Principle of Population'', Mal ...
' theories of population and
David Ricardo David Ricardo (18 April 1772 – 11 September 1823) was a British political economist, politician, and member of Parliament. He is recognized as one of the most influential classical economists, alongside figures such as Thomas Malthus, Ada ...
's
iron law of wages The iron law of wages is a proposed law of economics that asserts that real wages always tend, in the long run, toward the minimum wage necessary to sustain the life of the worker. The theory was first named by Ferdinand Lassalle in the mid-n ...
became central doctrines of
classical economics Classical economics, also known as the classical school of economics, or classical political economy, is a school of thought in political economy that flourished, primarily in Britain, in the late 18th and early-to-mid 19th century. It includ ...
. The pessimistic nature of these theories provided a basis for criticism of capitalism by its opponents and helped perpetuate the tradition of calling economics the " dismal science".
Jean-Baptiste Say Jean-Baptiste () is a male French name, originating with Saint John the Baptist, and sometimes shortened to Baptiste. The name may refer to any of the following: Persons * Charles XIV John of Sweden, born Jean-Baptiste Jules Bernadotte, was K ...
was a French economist who introduced Smith's economic theories into France and whose commentaries on Smith were read in both France and Britain. Say challenged Smith's
labour theory of value The labor theory of value (LTV) is a theory of value that argues that the exchange value of a good or service is determined by the total amount of " socially necessary labor" required to produce it. The contrasting system is typically known as ...
, believing that prices were determined by utility and also emphasised the critical role of the entrepreneur in the economy. However, neither of those observations became accepted by British economists at the time. His most important contribution to economic thinking was Say's law, which was interpreted by classical economists that there could be no
overproduction In economics, overproduction, oversupply, excess of supply, or glut refers to excess of supply over demand of products being offered to the market. This leads to lower prices and/or unsold goods along with the possibility of unemployment. T ...
in a market and that there would always be a balance between supply and demand. This general belief influenced government policies until the 1930s. Following this law, since the economic cycle was seen as self-correcting, government did not intervene during periods of economic hardship because it was seen as futile. Malthus wrote two books, ''
An Essay on the Principle of Population The book ''An Essay on the Principle of Population'' was first published anonymously in 1798, but the author was soon identified as Thomas Robert Malthus. The book warned of future difficulties, on an interpretation of the population increasing ...
'' (published in 1798) and ''
Principles of Political Economy ''Principles of Political Economy'' (1848) by John Stuart Mill was one of the most important economics or political economy textbooks of the mid-nineteenth century. It was revised until its seventh edition in 1871, shortly before Mill's death ...
'' (published in 1820). The second book which was a rebuttal of Say's law had little influence on contemporary economists. However, his first book became a major influence on classical liberalism. In that book, Malthus claimed that population growth would outstrip food production because population grew geometrically while food production grew arithmetically. As people were provided with food, they would reproduce until their growth outstripped the food supply. Nature would then provide a check to growth in the forms of vice and misery. No gains in income could prevent this and any welfare for the poor would be self-defeating. The poor were in fact responsible for their own problems which could have been avoided through self-restraint. Ricardo, who was an admirer of Smith, covered many of the same topics, but while Smith drew conclusions from broadly empirical observations he used deduction, drawing conclusions by reasoning from basic assumptions. While Ricardo accepted Smith's
labour theory of value The labor theory of value (LTV) is a theory of value that argues that the exchange value of a good or service is determined by the total amount of " socially necessary labor" required to produce it. The contrasting system is typically known as ...
, he acknowledged that utility could influence the price of some rare items. Rents on agricultural land were seen as the production that was surplus to the subsistence required by the tenants. Wages were seen as the amount required for workers' subsistence and to maintain current population levels. According to his iron law of wages, wages could never rise beyond subsistence levels. Ricardo explained profits as a return on capital, which itself was the product of labour, but a conclusion many drew from his theory was that profit was a surplus appropriated by
capitalists Capitalism is an economic system based on the private ownership of the means of production and their use for the purpose of obtaining profit. This socioeconomic system has developed historically through several stages and is defined by a n ...
to which they were not entitled.


Utilitarianism

The central concept of
utilitarianism In ethical philosophy, utilitarianism is a family of normative ethical theories that prescribe actions that maximize happiness and well-being for the affected individuals. In other words, utilitarian ideas encourage actions that lead to the ...
, which was developed by
Jeremy Bentham Jeremy Bentham (; 4 February Dual dating, 1747/8 Old Style and New Style dates, O.S. 5 February 1748 Old Style and New Style dates, N.S.– 6 June 1832) was an English philosopher, jurist, and social reformer regarded as the founder of mo ...
, was that public policy should seek to provide "the greatest happiness of the greatest number". While this could be interpreted as a justification for state action to reduce poverty, it was used by classical liberals to justify inaction with the argument that the net benefit to all individuals would be higher. Utilitarianism provided British governments with the political justification to implement
economic liberalism Economic liberalism is a political and economic ideology that supports a market economy based on individualism and private property in the means of production. Adam Smith is considered one of the primary initial writers on economic liberalism ...
, which was to dominate economic policy from the 1830s. Although utilitarianism prompted legislative and administrative reform and
John Stuart Mill John Stuart Mill (20 May 1806 – 7 May 1873) was an English philosopher, political economist, politician and civil servant. One of the most influential thinkers in the history of liberalism and social liberalism, he contributed widely to s ...
's later writings on the subject foreshadowed the
welfare state A welfare state is a form of government in which the State (polity), state (or a well-established network of social institutions) protects and promotes the economic and social well-being of its citizens, based upon the principles of equal oppor ...
, it was mainly used as a justification for ''laissez-faire''.


Political economy

Classical liberals following Mill saw utility as the foundation for public policies. This broke both with conservative "
tradition A tradition is a system of beliefs or behaviors (folk custom) passed down within a group of people or society with symbolic meaning or special significance with origins in the past. A component of cultural expressions and folklore, common e ...
" and Lockean "natural rights", which were seen as irrational. Utility, which emphasises the happiness of individuals, became the central ethical value of all Mill-style liberalism. Although utilitarianism inspired wide-ranging reforms, it became primarily a justification for ''laissez-faire'' economics. However, Mill adherents rejected Smith's belief that the "invisible hand" would lead to general benefits and embraced Malthus' view that population expansion would prevent any general benefit and Ricardo's view of the inevitability of class conflict. ''Laissez-faire'' was seen as the only possible economic approach and any government intervention was seen as useless and harmful. The
Poor Law Amendment Act 1834 The Poor Law Amendment Act 1834 (4 & 5 Will. 4. c. 76) (PLAA) known widely as the New Poor Law, was an Act of Parliament (United Kingdom), act of the Parliament of the United Kingdom passed by the British Whig Party, Whig government of Charles ...
was defended on "scientific or economic principles" while the authors of the
Poor Relief Act 1601 The Poor Relief Act 1601 ( 43 Eliz. 1. c. 2) was an act of the Parliament of England. The act, popularly known as the Elizabethan Poor Law, the "43rd Elizabeth", or the "Old Poor Law", was passed in 1601 and created a poor law system for Engl ...
were seen as not having had the benefit of reading Malthus. However, commitment to ''laissez-faire'' was not uniform and some economists advocated state support of public works and education. Classical liberals were also divided on
free trade Free trade is a trade policy that does not restrict imports or exports. In government, free trade is predominantly advocated by political parties that hold Economic liberalism, economically liberal positions, while economic nationalist politica ...
as Ricardo expressed doubt that the removal of grain tariffs advocated by
Richard Cobden Richard Cobden (3 June 1804 – 2 April 1865) was an English Radicals (UK), Radical and Liberal Party (UK), Liberal politician, manufacturing, manufacturer, and a campaigner for free trade and peace. He was associated with the Anti–Corn Law L ...
and the Anti-Corn Law League would have any general benefits. Most classical liberals also supported legislation to regulate the number of hours that children were allowed to work and usually did not oppose factory reform legislation. Despite the pragmatism of classical economists, their views were expressed in dogmatic terms by such popular writers as Jane Marcet and
Harriet Martineau Harriet Martineau (12 June 1802 – 27 June 1876) was an English social theorist.Hill, Michael R. (2002''Harriet Martineau: Theoretical and Methodological Perspectives'' Routledge. She wrote from a sociological, holism, holistic, religious and ...
. The strongest defender of ''laissez-faire'' was ''The Economist'' founded by James Wilson in 1843. ''The Economist'' criticised Ricardo for his lack of support for free trade and expressed hostility to welfare, believing that the lower orders were responsible for their economic circumstances. ''The Economist'' took the position that regulation of factory hours was harmful to workers and also strongly opposed state support for education, health, the provision of water, and granting of patents and copyrights. ''The Economist'' also campaigned against the Corn Laws that protected landlords in the United Kingdom of Great Britain and Ireland against competition from less expensive foreign imports of cereal products. A rigid belief in ''laissez-faire'' guided the government response in 1846–1849 to the Great Famine in Ireland, during which an estimated 1.5 million people died. The minister responsible for economic and financial affairs, Charles Wood, expected that private enterprise and free trade, rather than government intervention, would alleviate the famine. The
Corn Laws The Corn Laws were tariffs and other trade restrictions on imported food and corn enforced in the United Kingdom between 1815 and 1846. The word ''corn'' in British English denotes all cereal grains, including wheat, oats and barley. The la ...
were finally repealed in 1846 by the removal of tariffs on grain which kept the price of bread artificially high, but it came too late to stop the Irish famine, partly because it was done in stages over three years. Many classical liberal theorists were skeptical of democracy, believing that poor, uneducated people were not capable of governing and they might vote against economically liberal principles. The skepticism about self-governance was even more pronounced when it came to "uncivilized", non-European societies, with many classical liberal thinkers providing intellectual justifications for
white supremacy White supremacy is the belief that white people are superior to those of other races. The belief favors the maintenance and defense of any power and privilege held by white people. White supremacy has roots in the now-discredited doctrine ...
, colonial rule, and the destruction of native societies via
settler colonialism Settler colonialism is a logic and structure of displacement by Settler, settlers, using colonial rule, over an environment for replacing it and its indigenous peoples with settlements and the society of the settlers. Settler colonialism is ...
.


Free trade and world peace

Several liberals, including Smith and Cobden, argued that the free exchange of goods between nations could lead to
world peace World peace is the concept of an ideal state of peace within and among all people and nations on Earth. Different cultures, religions, philosophies, and organizations have varying concepts on how such a state would come about. Various relig ...
. Erik Gartzke states: "Scholars like Montesquieu, Adam Smith, Richard Cobden, Norman Angell, and
Richard Rosecrance Richard Newton Rosecrance (24 October 1930 – 7 March 2024) was an American political scientist. His research and teaching was focused on international relations, in particular the link between economics and international relations. His research an ...
have long speculated that
free market In economics, a free market is an economic market (economics), system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of ...
s have the potential to free states from the looming prospect of recurrent warfare". American political scientists John R. Oneal and Bruce M. Russett, well known for their work on the democratic peace theory, state: In ''
The Wealth of Nations ''An Inquiry into the Nature and Causes of the Wealth of Nations'', usually referred to by its shortened title ''The Wealth of Nations'', is a book by the Scottish people, Scottish economist and moral philosophy, moral philosopher Adam Smith; ...
'', Smith argued that as societies progressed from hunter gatherers to industrial societies the spoils of war would rise, but that the costs of war would rise further and thus making war difficult and costly for industrialised nations: Cobden believed that military expenditures worsened the welfare of the state and benefited a small, but concentrated elite minority, summing up British
imperialism Imperialism is the maintaining and extending of Power (international relations), power over foreign nations, particularly through expansionism, employing both hard power (military and economic power) and soft power (diplomatic power and cultura ...
, which he believed was the result of the economic restrictions of mercantilist policies. To Cobden and many classical liberals, those who advocated peace must also advocate free markets. The belief that free trade would promote peace was widely shared by English liberals of the 19th and early 20th century, leading the economist
John Maynard Keynes John Maynard Keynes, 1st Baron Keynes ( ; 5 June 1883 – 21 April 1946), was an English economist and philosopher whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originall ...
(1883–1946), who was a classical liberal in his early life, to say that this was a doctrine on which he was "brought up" and which he held unquestioned only until the 1920s. In his review of a book on Keynes, Michael S. Lawlor argues that it may be in large part due to Keynes' contributions in economics and politics, as in the implementation of the
Marshall Plan The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative enacted in 1948 to provide foreign aid to Western Europe. The United States transferred $13.3 billion (equivalent to $ in ) in economic recovery pr ...
and the way economies have been managed since his work, "that we have the luxury of not facing his unpalatable choice between free trade and full employment". A related manifestation of this idea was the argument of Norman Angell (1872–1967), most famously before World War I in '' The Great Illusion'' (1909), that the interdependence of the economies of the major powers was now so great that war between them was futile and irrational; and therefore unlikely. L


Classical liberal parties worldwide

While general
libertarian Libertarianism (from ; or from ) is a political philosophy that holds freedom, personal sovereignty, and liberty as primary values. Many libertarians believe that the concept of freedom is in accord with the Non-Aggression Principle, according ...
,
liberal-conservative Liberal conservatism is a political ideology combining conservative policies with liberal stances, especially on economic issues but also on social and ethical matters, representing a brand of political conservatism strongly influenced by libe ...
and some
right-wing populist Right-wing populism, also called national populism and right populism, is a political ideology that combines right-wing politics with populist rhetoric and themes. Its rhetoric employs anti- elitist sentiments, opposition to the Establishm ...
political parties are also included in classical liberal parties in a broad sense, only general classical liberal parties such as Germany's FDP, Denmark's Liberal Alliance and Thailand Democrat Party should be listed.


Classical liberal parties or parties with classical liberal factions

* Argentina:
Republican Proposal Republican Proposal (), usually referred to by its abbreviation PRO, is a political party in Argentina. PRO was formed as an electoral alliance in 2005, but was transformed into a national party in 2010. It is the major component of the Juntos ...
, Liberty Advances, * Australia:
Liberal Party of Australia The Liberal Party of Australia (LP) is the prominent centre-right political party in Australia. It is considered one of the two major parties in Australian politics, the other being the Australian Labor Party (ALP). The Liberal Party was fo ...
, Libertarian Party * Austria:
NEOS – The New Austria and Liberal Forum NEOS – The New Austria and Liberal Forum () is a Liberalism in Austria, liberal political party in Austria. It was founded as NEOS – The New Austria in 2012. In 2014, NEOS merged with Liberal Forum and adopted its current name. Since 2018, B ...
,
Freedom Party of Austria The Freedom Party of Austria (, FPÖ) is a political party in Austria, variously described as far-right, right-wing populist, national-conservative, and Eurosceptic. It has been led by Herbert Kickl since 2021. It is the largest of five part ...
(factions) * Belgium:
Open Flemish Liberals and Democrats The Open Flemish Liberals and Democrats (, , Open Vld) is a Flemish liberal political party in Belgium. The party has been described as centre-right and has smaller factions within the party that have conservative liberal and social liberal ...
,
Reformist Movement The Reformist Movement (, , MR) is a liberal French-speaking political party in Belgium, which includes social-liberal and conservative-liberal factions. Stemming from the Belgian Liberal Party founded in 1846, the MR is one of the oldest par ...
* Brazil: New Party * Canada:
Liberal Party The Liberal Party is any of many political parties around the world. The meaning of ''liberal'' varies around the world, ranging from liberal conservatism on the right to social liberalism on the left. For example, while the political systems ...
, Conservative Party (factions), Libertarian Party, People's Party * Chile: Evópoli * Denmark: ,
Moderates Moderate is an ideological category which entails Centrism, centrist views on a liberal-conservative spectrum. It may also designate a rejection of radical politics, radical or extremism, extreme views, especially in regard to politics and religi ...
, Liberal Alliance * Estonia:
Estonian Reform Party The Estonian Reform Party () is a liberal political party in Estonia. The party has been led by Kristen Michal since 2024. It is colloquially known as the "Squirrel Party" () or as "the Squirrels" (), referencing its logo. It was founded in ...
* Finland: Liberal Party – Freedom to Choose * France:
Renaissance The Renaissance ( , ) is a Periodization, period of history and a European cultural movement covering the 15th and 16th centuries. It marked the transition from the Middle Ages to modernity and was characterized by an effort to revive and sur ...
* Georgia: Girchi — More Freedom, Girchi * Germany: Free Democratic Party * Iceland:
Viðreisn Viðreisn (), officially known in English as the Liberal Reform Party, is a Liberalism, liberal political party political parties in Iceland, in Iceland positioned on the Centrism, centre to Centre-right politics, centre-right of the political spe ...
* India: Lok Satta Party * India: Swatantra Bharat Paksh * Latvia: For Latvia's Development, Movement For! * Lithuania: Liberals' Movement * Luxembourg: Democratic Party * Netherlands:
People's Party for Freedom and Democracy The People's Party for Freedom and Democracy ( , VVD) is a Conservative liberalism, conservative-liberal List of political parties in the Netherlands, political party in the Netherlands. The VVD, whose forerunner was the Freedom Party (Netherl ...
, Belang van Nederland * New Zealand:
New Zealand National Party The New Zealand National Party (), often shortened to National () or the Nats, is a Centre-right politics, centre-right List of political parties in New Zealand, political party in New Zealand that is the current senior ruling party. It is one ...
,
ACT New Zealand ACT New Zealand (; ), also known as the ACT Party or simply ACT, is a Right-wing politics, right-wing, Classical liberalism, classical liberal, Right-libertarianism, right-libertarian, and Conservatism, conservative List of political parties i ...
* Norway: , Progress Party * Poland: Modern,
Civic Platform The Civic Platform (, PO)The party is officially the Civic Platform of the Republic of Poland (''Platforma Obywatelska Rzeczypospolitej Polskiej''). is a Centre-right politics, centre-right liberal conservative political party in Poland. Since ...
* Portugal: Liberal Initiative,
Social Democratic Party The name Social Democratic Party or Social Democrats has been used by many political parties in various countries around the world. Such parties are most commonly aligned to social democracy as their political ideology. Active parties Form ...
* Romania: National Liberal Party * Russia: Yabloko, PARNAS * Serbia: Liberal Democratic Party of Serbia * Slovakia:
Freedom and Solidarity Freedom and Solidarity (, SaS), also called Saska, is a Centre-right politics, centre-right political party in Slovakia. Established in 2009,. SaS was founded by economist Richard Sulík, who designed Slovakia's flat tax system. It generally hol ...
* South Africa: Democratic Alliance, ActionSA * Spain:
Citizens Citizenship is a membership and allegiance to a sovereign state. Though citizenship is often conflated with nationality in today's English-speaking world, international law does not usually use the term ''citizenship'' to refer to nationality; ...
, People's Party * Sweden: Liberals, Classical Liberal Party,
Moderate Party The Moderate Party ( , , M), commonly referred to as the Moderates ( ), is a Liberal conservatism, liberal-conservative* * * * * List of political parties in Sweden, political party in Sweden. The party generally supports tax cuts, the free ma ...
* Switzerland: FDP.The Liberals * Thailand: Democrat Party * Turkey: Liberal Democratic Party * United Kingdom: Liberal Democrats,
Liberal Party The Liberal Party is any of many political parties around the world. The meaning of ''liberal'' varies around the world, ranging from liberal conservatism on the right to social liberalism on the left. For example, while the political systems ...
, Conservative Party (factions) * United States: Democratic Party (factions), Republican Party (factions), Liberal Party USA, Libertarian Party * Venezuela: Come Venezuela


Historical classical liberal parties or parties with classical liberal factions (since 1900s)

* Belgium:
Liberal Party The Liberal Party is any of many political parties around the world. The meaning of ''liberal'' varies around the world, ranging from liberal conservatism on the right to social liberalism on the left. For example, while the political systems ...
,
Party for Freedom and Progress The Party for Freedom and Progress (; ; ; PVV-PLP) was a liberalism, liberal political party in Belgium which existed from 1961 until 1992. The party was the successor of the Liberal Party (Belgium), Liberal Party, which had roots dating back to ...
, Liberal Reformist Party * Chile:
Liberal Party The Liberal Party is any of many political parties around the world. The meaning of ''liberal'' varies around the world, ranging from liberal conservatism on the right to social liberalism on the left. For example, while the political systems ...
,
Amplitude The amplitude of a periodic variable is a measure of its change in a single period (such as time or spatial period). The amplitude of a non-periodic signal is its magnitude compared with a reference value. There are various definitions of am ...
* Germany:
German Democratic Party The German Democratic Party (, DDP) was a liberal political party in the Weimar Republic, considered centrist or centre-left. Along with the right-liberal German People's Party (, DVP), it represented political liberalism in Germany between 19 ...
* India:
Swatantra Party The Swatantra Party was an Indian classical liberal political party that existed from 1959 to 1974. It was founded by C. Rajagopalachari in reaction to what he felt was the Jawaharlal Nehru-dominated Indian National Congress's increasingly so ...
, Indian Liberal Party * Ireland:
Progressive Democrats The Progressive Democrats (, literally "The Democratic Party"), commonly referred to as the PDs, were a conservative liberal political party in Ireland. The party's history spanned 24 years, from its formation in 1985 to its dissolution in 20 ...
* Japan: Liberal Party (1998), Liberal League * Netherlands: Freedom Party * New Zealand:
New Zealand Liberal Party The New Zealand Liberal Party () was the first organised political party in New Zealand. It governed from 1891 until 1912. The Liberal strategy was to create a large class of small land-owning farmers who supported Liberal ideals, by buying l ...
, United Party, New Zealand Party * South Korea:
New Democratic Party The New Democratic Party (NDP; , ) is a federal political party in Canada. Widely described as social democratic,The party is widely described as social democratic: * * * * * * * * * * * * * The Editors of ''Encyclopædia Britann ...
* Switzerland:
Free Democratic Party of Switzerland The Free Democratic Party (, FDP; , PLD), also called Radical Democratic Party (, PRD; , PLR) was a liberal political party in Switzerland. Formerly one of the major parties in Switzerland, on 1 January 2009 it merged with the Liberal Party of ...
,
Liberal Party of Switzerland The Liberal Party of Switzerland () or Swiss Liberal Party (; ; ) was a political party in Switzerland with economically liberal policies. It was known as a party of the upper class. On 1 January 2009 it merged with the larger Free Democratic ...
* United Kingdom:
Liberal Party The Liberal Party is any of many political parties around the world. The meaning of ''liberal'' varies around the world, ranging from liberal conservatism on the right to social liberalism on the left. For example, while the political systems ...
''The Times'' (31 December 1872), p. 5.


See also

*
Age of Enlightenment The Age of Enlightenment (also the Age of Reason and the Enlightenment) was a Europe, European Intellect, intellectual and Philosophy, philosophical movement active from the late 17th to early 19th century. Chiefly valuing knowledge gained th ...
*
Austrian School The Austrian school is a Heterodox economics, heterodox Schools of economic thought, school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result primarily from the motivat ...
*
Bourbon Democrat Bourbon Democrat was a term used in the United States in the later 19th century and early 20th century (1872–1904) to refer to members of the Democratic Party who were ideologically aligned with fiscal conservatism or classical liberalism, es ...
** National Democratic Party *
Classical economics Classical economics, also known as the classical school of economics, or classical political economy, is a school of thought in political economy that flourished, primarily in Britain, in the late 18th and early-to-mid 19th century. It includ ...
*
Cultural liberalism Cultural liberalism is a social philosophy which expresses the social dimension of liberalism and advocates the freedom of individuals to choose whether to conform to cultural norms. In the words of Henry David Thoreau, it is often expressed ...
*
Classical radicalism Radicalism (from French ) was a political movement representing the leftward flank of liberalism between the late 18th and early 20th century. Certain aspects of the movement were precursors to a wide variety of modern-day movements, ranging f ...
** Modern liberalism *
Classical republicanism Classical republicanism, also known as civic republicanism or civic humanism, is a form of republicanism developed in the Renaissance inspired by the governmental forms and writings of classical antiquity, especially such classical writers as Ar ...
*
Constitutionalism Constitutionalism is "a compound of ideas, attitudes, and patterns of behavior elaborating the principle that the authority of government derives from and is limited by a body of fundamental law". Political organizations are constitutional to ...
*
Constitutional liberalism Constitutional liberalism is a form of government that upholds the principles of classical liberalism and the rule of law. It differs from liberal democracy in that it is not about the method of selecting government. The journalist and scholar F ...
*
Conservative liberalism Conservative liberalism, also referred to as right-liberalism, is a variant of liberalism combining liberal values and policies with conservative stances, or simply representing the right wing of the liberal movement. In the case of modern con ...
* Corporate liberalism *
Economic liberalism Economic liberalism is a political and economic ideology that supports a market economy based on individualism and private property in the means of production. Adam Smith is considered one of the primary initial writers on economic liberalism ...
*
Fiscal conservatism In American political theory, fiscal conservatism or economic conservatism is a political and economic philosophy regarding fiscal policy and fiscal responsibility with an ideological basis in capitalism, individualism, limited government, ...
* Friedrich Naumann Foundation *
Georgism Georgism, in modern times also called Geoism, and known historically as the single tax movement, is an economic ideology holding that people should own the value that they produce themselves, while the economic rent derived from land—includ ...
*
Gladstonian liberalism Gladstonian liberalism is a political doctrine named after the British Victorian Prime Minister and Liberal Party leader William Ewart Gladstone. Gladstonian liberalism consisted of limited government expenditure and low taxation whilst making ...
*
Jeffersonian democracy Jeffersonian democracy, named after its advocate Thomas Jefferson, was one of two dominant political outlooks and movements in the United States from the 1790s to the 1820s. The Jeffersonians were deeply committed to American republicanism, wh ...
*
Liberal conservatism Liberal conservatism is a political ideology combining conservative policies with liberal stances, especially on economic issues but also on social and ethical matters, representing a brand of political conservatism strongly influenced by libe ...
*
Liberal democracy Liberal democracy, also called Western-style democracy, or substantive democracy, is a form of government that combines the organization of a democracy with ideas of liberalism, liberal political philosophy. Common elements within a liberal dem ...
*
Liberalism in Europe Liberalism in Europe is a political movement that supports a broad tradition of individual liberties and constitutionally-limited and democratically accountable government. These European derivatives of classical liberalism are found in centrist ...
*
Libertarianism Libertarianism (from ; or from ) is a political philosophy that holds freedom, personal sovereignty, and liberty as primary values. Many libertarians believe that the concept of freedom is in accord with the Non-Aggression Principle, according t ...
**
Left-libertarianism Left-libertarianism, also known as left-wing libertarianism, is a political philosophy and type of libertarianism that stresses both individual freedom and social equality. Left-libertarianism represents several related yet distinct approaches to ...
**
Right-libertarianism Right-libertarianism,Rothbard, Murray (1 March 1971)"The Left and Right Within Libertarianism". ''WIN: Peace and Freedom Through Nonviolent Action''. 7 (4): 6–10. Retrieved 14 January 2020.Goodway, David (2006). '' Anarchist Seeds Beneath the ...
*
List of liberal theorists Individual contributors to classical liberalism and political liberalism are associated with philosophers of the Age of Enlightenment, Enlightenment. Liberalism as a specifically named ideology begins in the late 18th century as a movement toward ...
* Neoclassical liberalism *
Neoliberalism Neoliberalism is a political and economic ideology that advocates for free-market capitalism, which became dominant in policy-making from the late 20th century onward. The term has multiple, competing definitions, and is most often used pe ...
*
Night-watchman state A night-watchman state, also referred to as a minimal state or minarchy, whose proponents are known as minarchists, is a model of a state that is limited and minimal, whose functions depend on libertarian theory. Right-libertarians support i ...
*
Opportunist Republicans file:Theodoor Galle - Opportunity Seized, Opportunity Missed - WGA08445.jpg, 300px, ''Opportunity Seized, Opportunity Missed'', engraving by Theodoor Galle, 1605 Opportunism is the practice of taking advantage of attendant circumstance, circums ...
*
Orléanist Orléanist () was a 19th-century French political label originally used by those who supported a constitutional monarchy expressed by the House of Orléans. Due to the radical political changes that occurred during France in the long nineteenth ...
*
Physiocracy Physiocracy (; from the Greek for "government of nature") is an economic theory developed by a group of 18th-century Age of Enlightenment French economists. They believed that the wealth of nations derived solely from the value of "land agricult ...
* Political individualism *
Rule of law The essence of the rule of law is that all people and institutions within a Body politic, political body are subject to the same laws. This concept is sometimes stated simply as "no one is above the law" or "all are equal before the law". Acco ...
*
Separation of powers The separation of powers principle functionally differentiates several types of state (polity), state power (usually Legislature#Legislation, law-making, adjudication, and Executive (government)#Function, execution) and requires these operat ...
*
Whig history Whig history (or Whig historiography) is an approach to historiography that presents history as a journey from an oppressive and benighted past to a "glorious present". The present described is generally one with modern forms of liberal democracy ...


Notes


References


Sources

* * * * * * * * * * * * *


Further reading

*
Alan Bullock Alan Louis Charles Bullock, Baron Bullock (13 December 1914 – 2 February 2004) was a British historian. He is best known for his book ''Hitler: A Study in Tyranny'' (1952), the first comprehensive biography of Adolf Hitler, which influenced m ...
and Maurice Shock, ed. (1967). ''The Liberal Tradition: From Fox to Keynes''. Oxford: Clarendon Press. * * Katherine Henry (2011). ''Liberalism and the Culture of Security: The Nineteenth-Century Rhetoric of Reform''. University of Alabama Press; draws on literary and other writings to study the debates over liberty and tyranny. *
Donald Markwell Donald John Markwell (born 19 April 1959) is an Australian social scientist, who has been described as a "renowned Australian educational reformer". He was appointed Head of St Mark's College, Adelaide, from November 2019. He was Senior Advise ...
(2006). ''
John Maynard Keynes John Maynard Keynes, 1st Baron Keynes ( ; 5 June 1883 – 21 April 1946), was an English economist and philosopher whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originall ...
and International Relations: Economic Paths to War and Peace''. Oxford: Oxford University Press. . * * Gustav Pollak, ed. (1915)
''Fifty Years of American Idealism: 1865–1915''
short history of ''
The Nation ''The Nation'' is a progressive American monthly magazine that covers political and cultural news, opinion, and analysis. It was founded on July 6, 1865, as a successor to William Lloyd Garrison's '' The Liberator'', an abolitionist newspaper ...
'' plus numerous excerpts, most by
Edwin Lawrence Godkin Edwin Lawrence Godkin (2 October 183121 May 1902) was an American journalist and newspaper editor. He founded ''The Nation'' and was the editor-in-chief of the ''New York Evening Post'' from 1883 to 1899.Eric Fettman, "Godkin, E.L." in Stephen ...
. *


External links

* * * {{DEFAULTSORT:Classical Liberalism Liberalism 19th-century introductions Economic liberalism History of libertarianism Ideologies of capitalism Liberalism in Europe Political ideologies