Classical Liberalism

Classical Liberalism: A social-political philosophy first systematically elaborated in the seventeenth century whose inner logic of argument maintains that individuals are self-maximizing property-holders with inviolable rights to protection from external political power from above (the “state”) and social power (the majority) from below.

Source: What is Good? What is Bad? The Value of All Values across Time, Place and Theories’ by John McMurtry, Philosophy and World Problems, Volume I-III, UNESCO in partnership with Encyclopedia of Life Support Systems: Oxford, 2004-11.