Market liberalism

Posted by : Aron вторник, 19 февруари 2013 г.

Market liberalism

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The term market liberalism is used in two distinct meanings.

Especially in the United States, the term is often used as a synonym to classical liberalism.^[1]^[2] In this sense, market liberalism depicts a political ideology, combining free market economy with personal liberty and human rights, in contrast tosocial liberalism, which, while also supporting personal liberty and human rights, supports a more mixed economy with state produced public services.

In Europe and elsewhere, the term market liberalism is often used as a synonym to economic liberalism,^[3] depicting a policy supporting the economic aspects of liberalism, without necessarily including the political aspects of liberalism.

[edit]See also

Laissez-faire

Liberal theory of economics

Libertarianism

Neoliberalism

[edit]References

^ "About Cato". Cato Institute. Retrieved 2008-11-06.

^ "The Achievements of Nineteenth-Century Classical Liberalism". Cato Institute. "Although the term 'liberalism' retains its original meaning in most of the world, it has unfortunately come to have a very different meaning in late twentieth-century America. Hence terms such as 'market liberalism,' 'classical liberalism,' or 'libertarianism' are often used in its place in America."