Classical Liberalism: 10 Principles Quiz & Flashcards

Study Notes

Principles of Classical Liberalism

Liberty: Represents the ultimate freedom of the individual, emphasizing personal autonomy and self-determination.
Individualism: Prioritizes the individual over the collective; opposes sacrificing individual interests for perceived common good.
Skepticism about Power: Advocates for questioning government authority and its use of power, asserting that individuals are best suited to judge their own interests.
Rule of Law: Ensures equality before the law, establishing that higher principles guide governmental actions and decisions.
Civil Society: Encourages an organized society where social structures function effectively, reducing chaos and promoting order.
Spontaneous Order: Proposes that order can emerge naturally without central planning or manipulation; individuals can self-organize without imposed structures.
Free Markets: Opposes government intervention in economic activities, asserting that market dynamics should be determined by unrestricted competition among privately-owned entities.
Toleration: Emphasizes the importance of respecting differing opinions and behaviors, encouraging a society where diverse viewpoints coexist without interference.
Peace: Encompasses the four freedoms: movement of capital, labor, people, and goods/services, alongside the free flow of ideas, which collectively foster a peaceful society.
Limited Government: Advocates for a minimal government role in society, focusing on the protection of life, liberty, and property while restricting governmental powers and responsibilities.