What is meant by the term Liberalism?
Liberalism is derived from the Latin word called liber which means free also liberalism can be described as moral and political philosophy based on liberty and equality.
What is meant by the term Liberalism?
Liberalism is a political ideology that emphasizes individual freedom, equality, and the rule of law. It is based on the belief that individuals should be free to pursue their own interests and live their lives as they see fit, as long as they do not harm others or infringe on their rights.
Principles of Liberalism:
- Individualism: Liberals believe that the individual is the fundamental unit of society and that individual rights and freedoms should be protected.
- Limited government: Liberals believe that the role of government should be limited to protecting individual rights and providing basic services, such as education and healthcare.
- Free markets: Liberals believe in free markets and competition, which they see as the best way to allocate resources and create wealth.
- Rule of law: Liberals believe in the rule of law, which means that everyone is subject to the same laws and that those laws are enforced impartially.
- Social justice: Liberals believe in social justice, which means that everyone should have access to the same opportunities and that society should work to reduce inequalities.
Types of Liberalism:
- Classical Liberalism: The original form of liberalism, which emphasized individual freedom and limited government.
- Modern Liberalism: A more recent form of liberalism that emphasizes social justice and government intervention to promote equality.
- Libertarianism: A form of liberalism that emphasizes individual freedom and limited government to the extreme, with little or no government intervention in the economy or society.
- Neo-Liberalism: A form of liberalism that emphasizes free markets and globalization, and advocates for reducing government intervention in the economy.
Conclusion:
Liberalism has had a profound impact on modern politics and society, shaping the way we think about individual rights, government, and social justice. While there are many different forms of liberalism, they all share a commitment to individual freedom and the rule of law.
To make sure you are not studying endlessly, EduRev has designed Class 10 study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Class 10.