Question

What is the classical liberalism?

Answer 1

Classical liberalism is a political ideology that values the freedom of individuals — including the freedom of religion, speech, press, assembly, and markets — as well as limited government. It developed in 18th-century Europe and drew on the economic writings of Adam Smith and the growing notion of social progress. Liberalism was also influenced by the writings of Thomas Hobbes, who argued that governments exist to protect individuals from each other. In 19th- and 20th-century America, the values of classical liberalism became dominant in both major political parties. The term is sometimes used broadly to refer to all forms of liberalism prior to the 20th century. Conservatives and libertarians often invoke classical liberalism to mean a fundamental belief in minimal government.