Classical liberalism | Wikipedia audio article
Channel: wikipedia tts
Date: 2018-11-25

This is an audio version of the Wikipedia Article:
Classical liberalism

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SUMMARY
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Classical liberalism is a political ideology and a branch of liberalism which advocates civil liberties under the rule of law with an emphasis on economic freedom. Closely related to economic liberalism, it developed in the early 19th century, building on ideas from the previous century as a response to urbanization and to the Industrial Revolution in Europe and the United States. Notable individuals whose ideas contributed to classical liberalism include John Locke, Jean-Baptiste Say, Thomas Robert Malthus, and David Ricardo. It drew on the classical economic ideas espoused by Adam Smith in Book One of The Wealth of Nations and on a belief in natural law, utilitarianism, and progress. The term "classical liberalism" was applied in retrospect to distinguish earlier 19th-century liberalism from the newer social liberalism.