New liberalism (ideology)
Political ideology / From Wikipedia, the free encyclopedia
The new liberalism is a variant of social liberalism that emerged in Europe at the end of the 19th century. It began in England driven mainly by the politician and sociologist Leonard Trelawny Hobhouse and theorized in his book Liberalism (1920). It has reception within the Liberal Party of the United Kingdom, giving a rapprochement between it and the Labour Party on social issues.
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Not to be confused with Neoliberalism.
New liberalism espouses economic reform to create welfare states and significant state intervention in corporate law and the overall economic health of a country, but also "the importance of personal liberty in the face of encroachment by the state".[1]