Political tradition in the context of "Classical liberalism"

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⭐ Core Definition: Political tradition

Political culture describes how culture impacts politics. Every political system is embedded in a particular political culture.Political culture is what the people, the voters, the electorates believe and do based on their understanding of the political system in which they have found themselves. These may be regarded as being bad or good placed side by side with global best practices or norms.

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👉 Political tradition in the context of Classical liberalism

Classical liberalism (sometimes called English liberalism) is a political tradition and a branch of liberalism that advocates free market and laissez-faire economics and civil liberties under the rule of law, with special emphasis on individual autonomy, limited government, economic freedom, political freedom and freedom of speech. Classical liberalism, contrary to liberal branches like social liberalism, looks more negatively on social policies, taxation and the state involvement in the lives of individuals, and it advocates deregulation.

Until the Great Depression and the rise of social liberalism, classical liberalism was called economic liberalism. Later, the term was applied as a retronym, to distinguish earlier 19th-century liberalism from social liberalism. By modern standards, in the United States, the bare term liberalism often means social or progressive liberalism, but in Europe and Australia, the bare term liberalism often means classical liberalism.

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