Liberism

Liberism (derived from the Italian term liberismo) is a term for the economic doctrine of laissez-faire capitalism first used by the philosopher Benedetto Croce and popularized in English by the Italian-American political scientist Giovanni Sartori. It is synonomous with Classical liberalism.

Part of a series on
Liberalism
History Age of Enlightenment List of liberal theorists (contributions to liberal theory)
Ideas Civil and political rights Cultural liberalism Democracy Democratic capitalism Economic freedom Economic liberalism Egalitarianism Free market Free trade Freedom of the press Freedom of religion Freedom of speech Gender equality Harm principle Internationalism Laissez-faire Liberty Market economy Natural and legal rights Negative/positive liberty Non-aggression Principle Open society Permissive society Private property Rule of law Secularism Separation of church and state Social contract Welfare state
Schools of thought Anarcho-capitalism Classical liberalism Radical liberalism Left-libertarianism Geolibertarianism Right-libertarianism Conservative liberalism Democratic liberalism Green liberalism Liberal autocracy Liberal Catholicism Liberal conservatism Liberal feminism Equity feminism Liberal internationalism Liberal nationalism Liberal socialism Social democracy Muscular liberalism Neoliberalism National liberalism Ordoliberalism Radical centrism Religious liberalism Christian Islamic Jewish Secular liberalism Social liberalism Technoliberalism Third Way Whiggism
People Acton Alain Alberdi Alembert Arnold Aron Badawi Barante Bastiat Bentham Berlin Beveridge Bobbio Brentano Bright Broglie Burke Čapek Cassirer Chicherin Chu Chydenius Clinton Cobden Collingdood Condorcet Constant Croce Cuoco Dahrendorf Decy Dewey Dickens Diderot Dongsun Dunoyer Dworkin Einaudi Emerson Eötvös Flach Friedman Galbraith Garrison George Gladstone Gobetti Gomes Gray Green Gu Guizot Hayek Herbert Hobbes Hobhouse Hobson Holbach Hu Humboldt Jefferson Jubani Kant Kelsen Kemal Keynes Korais Koneczny Korwin-Mikke Kymlicka Lamartine Larra Lecky Li Lincoln Locke Lufti Macaulay Madariaga Madison Martineau Masani Michelet Mill (father) Mill (son) Milton Mises Molteno Mommsen Money Montalembert Montesquieu Mora Mouffe Naoroji Naumann Nozick Nussbaum Obama Ohlin Ortega Paine Paton Popper Price Priestley Prieto Quesnay Qin Ramírez Rathenau Rawls Raz Renan Renouvier Renzi Ricardo Röpke Rorthy Rosmini Rosselli Rousseau Ruggiero Sarmiento Say Sen Earl of Shaftesbury Shklar Sidney Sieyès Şinasi Sismondi Smith Soto Polar Spencer Spinoza Staël Sumner Tahtawi Tao Thierry Thorbecke Thoreau Tocqueville Tracy Troeltsch Turgot Villemain Voltaire Ward Weber Wollstonecraft Zambrano
Organizations Africa Liberal Network Alliance of Liberals and Democrats for Europe Alliance of Liberals and Democrats for Europe Party Arab Liberal Federation Council of Asian Liberals and Democrats European Democratic Party European Liberal Youth European Party for Individual Liberty International Alliance of Libertarian Parties International Federation of Liberal Youth Liberal International Liberal Network for Latin America Liberal parties Liberal South East European Network
Regional variants Europe Latin America Albania Armenia Australia Austria Belgium Bolivia Brazil Bulgaria Canada China Chile Colombia Croatia Cuba Cyprus Czech lands Denmark Ecuador Egypt Estonia Finland France Georgia Germany Greece Honduras Hong Kong Hungary Iceland India Iran Israel Italy Japan Latvia Lithuania Luxembourg Macedonia Mexico Moldova Montenegro Netherlands New Zealand Nicaragua Nigeria Norway Panama Paraguay Peru Philippines Poland Portugal Romania Russia Senegal Serbia Slovakia Slovenia Spain South Africa South Korea Sweden Switzerland Thailand Tunisia Turkey Ukraine United Kingdom United States Arizona School Classical Modern Uruguay Venezuela Zimbabwe
Related topics Bias in academia Bias in the media
Liberalism portal  Politics portal

Sartori imported the term from Italian in order to distinguish between social liberalism, which is generally considered a political ideology often advocating extensive government intervention in the economy, and those liberal theories of economics which propose to virtually eliminate such intervention. In informal usage, liberism overlaps with other concepts such as free trade, neoliberalism, right-libertarianism, the American concept of libertarianism and the laissez-faire doctrine of the French liberal Doctrinaires.

Croce claims that "Liberalism can prove only a temporary right of private propriety of land and industries."[1]

The intention of Croce (and of Sartori) to attack the right to private property and to free enterprise separating them from the general philosophy of Liberalism (that is primarily a theory of natural rights), was always criticised openly by the quoted philosophers and by some of the main representatives of liberalism, such as Luigi Einaudi and Friederick Von Hayek.[2][3] and the Nobel Prize winners' Milton Friedman (1976)[4] and Friedrich von Hayek (1974).[5] The differences between the economical concept of liberism[6] and the economical consequences of the liberalism[7][8] become evident in the definition of market as quoted by the Austrian liberalist economist Eugen von Böhm-Bawerk: «A market is a law system. Without it, the only possible economy is the street robbery».[9] The concept of liberalism is more close to Libertarism.[2]