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Le Li Lo

Liberalism

Liberalism: a set of ideas for limiting state authority in relationship to the private-sector market or individual expression.

A political philosophy primarily concerned with the legitimacy of political power and emphasizing the priority of individual liberty over collective power.

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.