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Classical liberalism

From Libertarian Wiki

Classical liberalism (also called classic liberalism or simply liberalism) is the original form of, and is today a tendency within, liberalism. It is a political school of thought that first emerged in the 17th and 18th centuries, upholding individualism and free market economics. Classical liberalism focuses on concepts of individual autonomy and private property, and argues that the sole legitimate function of government is to defend these. Classical liberals promote the use of precisely delineated constitutions that are difficult or impossible to modify, intended to prevent governments from assuming an interventionist role.

The term "classical liberalism" itself was coined in the 20th century, and applied retroactively to pre-1850 liberalism, to avoid confusion with an accepted modern definition of liberalism. In the modern era paleoliberals hold the values of the original doctrine of liberalism. As do libertarians.

Retrieved from "http://libertarianwiki.org/Classical_liberalism"

This page has been accessed 28 times. This page was last modified 06:47, 3 February 2006. All content is available as Public Domain.

 

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