Saturday, January 7, 2017
19th Century Liberalism vs Modern Liberalism
I think it is really interesting that laissez-faire capitalism was a liberal idea at one point. By modern liberal standards, a fully free market system would be a ridiculous idea. Nowadays, liberals are generally in support of government regulation in many areas, particularly involving the environment. The conservatives are usually against government regulation. Today's liberalism is a lot closer ideologically to socialism.