... Due: LIBERALISM AND AMERICAN CONSERVATISM Liberalism. Liberalism has several meanings, but we will focus on two of them.
It is defined as a theory in economics emphasizing individual freedom from restraint and usually based on free competition, the self-regulating, and the gold standard.
It is also defined as a political philosophy based on belief in progress, the essential goodness of the human race, and the autonomy of the individual. Such a philosophy considers government as an instrument for eliminating social inequities.
Generally, liberalism is a world view founded on ideas of liberty and equality. Liberals generally support ideas such as free and fair elections, civil rights, freedom of the p...