The liberal approach to politics, social issues and economy is unique, because freedom of choice is always given priority. The leading founders of this school of thought wanted everyone to be free to exercise their right of choice. For this purpose, Liberals aim to establish an Open Society. The emphasis that Liberals gave to the freedom of individuals, ideas, activities and choices, which can be achieved through tolerance and by giving priority to progress, to new ideas and perceptions, created an even number of conflict areas with other philosophical and political approaches.
This introduction to the principles of liberalism states its basic values and ideas, tolerance, self-sufficiency, rule of law and civil rights, that affected decisively the formation of the modern Western democracies. Still, what is the relation between the liberals’ ideals and free market and capitalism? How can the philosophy of liberalism be linked to the criticism of economic liberalism?
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