What was the meaning of liberalism in early 19th century in Europe?
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For the new middle classes, liberalism stood for freedom for the individual and equality of all before the law. Politically, it emphasised the concept of government by consent. Economically, liberalism stood for the freedom of markets and the abolition of state-imposed restrictions on the movement of goods and capital.
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Throughout Europe and in the Western Hemisphere, liberalism inspired nationalistic aspirations to the creation of unified, independent, constitutional states with their own parliaments and the rule of law.
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