noun
classical liberalism
A political philosophy emphasizing individual liberty, limited government, and free markets. Used in academic and political contexts.
古典的自由主義は、個人の自由と市場経済を重視する思想です。
Classical liberalism is a philosophy that emphasizes individual freedom and a market economy.
Neoliberalism, a later revival of liberal economic ideas often associated with deregulation and privatization, distinct from classical liberalism's philosophical roots.
Liberalism in a broader sense; can refer to modern social liberalism, which may accept more government intervention than classical liberalism.
Compound of 古典的 (classical) + 自由主義 (liberalism), a direct translation of the English term 'classical liberalism'.