TR3.5

Two Liberalisms

Houjun Liu 2021-09-27 Mon 12:00

1 Liberalism

1.1 Political Liberalism

Politically liberalistic ideas promoted popular sovereignty and constitutionalism => countries rules by the people or by the constitution. They want to regulate for civic liberties like on politics and rulling.

1.2 Economic Liberalism

Economically liberalistic ideals Emphasized The laissez-faire — the invisible hand. They promoted free trade and promoted individual control and decision on the economy, and limit the power of government. This, of course, goes against mercantilism and any regulation