Profoundly civilian attitude. Disliked spending money on armies and navies. Saw established churches and aristocratic pretensions as a throwback to the medieval era . Industry and finance are owned by the people, more specifically the workers. Socialist countries today nationalize their key industries, putting them under government control, which acts in the interests of the people.
Classical liberalism calls for democratic government.
However, not all capitalist economies embrace democracy. Under this system, individual owners of heavy industry could realize profits but the government could tell them what to produce. Fascism is state-guided capitalism. Socialist leaning countries like England, Sweden, and Canada are democracies . Actually, not even hard-core capitalist nations like the United States let their economies go unregulated.