state the criticism for classical liberalism?
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Answer:
Classical liberals were committed to individualism, liberty, and equal rights. They believed these goals required a free economy with minimal government interference.
Answer:
Classical liberalism is a political ideology and a branch of liberalism that advocates civil liberties under the rule of law with an emphasis on economic freedom. Closely related to economic liberalism, it developed in the early 19th century, building on ideas from the previous century as a response to urbanization and to the Industrial Revolution in Europe and North America.[1][2][3]
Notable liberal individuals whose ideas contributed to classical liberalism include John Locke,[4] Jean-Baptiste Say, Thomas Robert Malthus and David Ricardo. It drew on classical economics, especially the economic ideas as espoused by Adam Smith in Book One of The Wealth of Nations and on a belief in natural law,[5] progress] and utilitarianism.
As a term, classical liberalism was applied in retrospect to distinguish earlier 19th-century liberalism from social liberalism.
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