{{short description|Political ideology}} {{use dmy dates|date=August 2023}} {{liberalism sidebar|variants}} '''Market liberalism''' is used in two distinct ways. In the United States, the term is used as a synonym to classical liberalism.<ref>{{cite web|url=http://www.cato.org/cato-university/home-study-course/module10|title=The Achievements of Nineteenth-Century Classical Liberalism|publisher=Cato Institute|quote=Although the term 'liberalism' retains its original meaning in most of the world, it has unfortunately come to have a very different meaning in late twentieth-century America. Hence terms such as "market liberalism," "classical liberalism," or "libertarianism" are often used in its place in America.}}</ref> In this sense, market liberalism depicts a political ideology, combining a market economy with personal liberty and human rights in contrast to social liberalism, which combines personal liberty and human rights along with a mixed economy and welfare state.

In Europe and elsewhere, the term ''market liberalism'' is often used as a synonym to economic liberalism,<ref>Inglis, Ken (2006). ''Whose ABC? The Australian Broadcasting Corporation, 1983–2006''. Melbourne, Australia: Black Inc. p. 100.</ref> depicting a policy supporting the economic aspects of liberalism, without necessarily including the political aspects of liberalism. In some political spheres, market liberalism refers to an economically liberal society that also provides a minimal to moderate-sized welfare state for its citizens.<ref>[http://www.wisegeek.com/what-is-a-liberal-market-economy.htm "What Is a Liberal Market Economy?"].</ref>

== See also == * ''Laissez-faire'' * Libertarianism in the United States * Neoliberalism

== References == {{reflist}}

==Further reading== * {{cite encyclopedia|last=Conway|first=David|author-link=David Conway (academic)|editor-first=Ronald|editor-last=Hamowy|editor-link=Ronald Hamowy|encyclopedia=The Encyclopedia of Libertarianism|url=https://books.google.com/books?id=yxNgXs3TkJYC|pages=295–298|doi=10.4135/9781412965811.n179|year=2008|publisher=Sage; Cato Institute|location=Thousand Oaks, CA|isbn=978-1412965804|oclc=750831024|lccn=2008009151|chapter=Liberalism, Classical|url-access=subscription}}

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Category:Liberalism Category:Classical liberalism Category:Libertarianism by form