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Exact: Economic social and political policies
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COST OF CAPITAL AND INVESTOR EXPECTED RETURNS | Powell says current policy appropriate even as bond market turmoil has caught his eye Mar. 4, at p.m. ET by Greg Robb Fed’s Harker sees no interest-rate hikes until Oct 10, · Liberalism is a political and moral philosophy based on liberty, consent of the governed and equality before the law. Liberals espouse a wide array of views depending on their understanding of these principles, but they generally support free markets, free trade, limited government, individual rights (including civil rights and human rights), capitalism, democracy, secularism, gender equality. This is a website whose mission is to discuss the politics and government policies that touch on economic issues. To me, what makes these types of websites a great form of communication is its reader comments. So I eagerly welcome a dialog with the readers that write comments, particularly those that disagree with my opinions. |
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Liberalism is a political and moral philosophy based on libertyconsent of the governed and equality before the law. Liberalism became a distinct movement in the Age of Enlightenmentwhen it became popular among Western philosophers and economists.
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Liberalism sought to replace the norms of hereditary privilegestate religionabsolute monarchythe divine right of kings and traditional conservatism with representative democracy and the rule of law. Liberals also ended mercantilist policies, royal monopolies and other barriers to tradeinstead promoting free trade and free markets. Leaders in the British Glorious Revolution of[17] the American Revolution of and the French Revolution of used liberal philosophy to justify the armed overthrow of royal tyranny.

Liberalism started to spread rapidly especially after the French Revolution. The 19th century saw liberal governments established in nations across Europe and South Americawhereas it was well-established alongside republicanism in the United States.

These changes, along with other factors, helped to create a sense of politicla within Islamwhich continues to this day, leading to Islamic revivalism. Beforethe main ideological opponents of liberalism were communismconservatism and socialism[20] but liberalism then faced major ideological challenges from fascism and Marxism—Leninism as new opponents.
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During the 20th century, liberal ideas spread even further, especially in Western Europe, as liberal democracies found themselves on the winning side in both world wars. In Europe and North America, the establishment of social liberalism often called simply liberalism in the United States became a key component in the expansion of the welfare state. The fundamental elements of contemporary poliitical have liberal roots. The early waves of liberalism popularised economic individualism while expanding constitutional government and parliamentary authority.
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Other goals often accepted by liberals include universal suffrage and universal access to education. Words such as liberallibertylibertarian and libertine all trace their history to the Latin liberwhich means " free ". Liberal Efonomic refer to "free in bestowing" as early as"made without stint" in"freely permitted" in and "free from restraint"—often as a pejorative remark—in the 16th and the 17th centuries. By the middle of the 19th century, liberal was used as a politicised term for parties and movements worldwide.]
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