Top Qs
Timeline
Chat
Perspective
Market liberalism
Political ideology From Wikipedia, the free encyclopedia
Remove ads
Market liberalism is used in two distinct ways. In the United States, the term is used as a synonym to classical liberalism.[1] In this sense, market liberalism depicts a political ideology, combining a market economy with personal liberty and human rights in contrast to social liberalism, which combines personal liberty and human rights along with a mixed economy and welfare state.
In Europe and elsewhere, the term market liberalism is often used as a synonym to economic liberalism,[2] depicting a policy supporting the economic aspects of liberalism, without necessarily including the political aspects of liberalism. In some political spheres, market liberalism refers to an economically liberal society that also provides a minimal to moderate-sized welfare state for its citizens.[3]
Remove ads
See also
References
Further reading
Wikiwand - on
Seamless Wikipedia browsing. On steroids.
Remove ads