Conservatism Vs Classical Liberalism

207 Words1 Pages
Context plays an important role in understanding the difference between modern liberalism and classical liberalism. Classical liberalism main priority was to downsize government control and interference with social issues, trade, and market (Roskin, 2013). The biggest problem with classical liberalism is that it frees up the market to become vulnerable to a monopoly. Modern liberalism was created to combat classical liberalism. Modern liberalism is a belief that requires the government to be proactive when solving social issues, as well more government regulation in trade or the market (Roskin, 2013). Modern liberals who are a part of the middle class are more inclined to be leftist and want the government to help create opportunities for economic