Classical Liberalism
Classical Liberalism is a political ideology and philosophy that emphasizes individual rights, limited government intervention in the economy, and the protection of private property. It advocates for free markets, civil liberties, and the rule of law. Classical Liberals believe in the importance of personal freedom, voluntary exchange, and the promotion of prosperity through competition and innovation. This ideology emerged in the 18th and 19th centuries as a response to the absolute monarchies and mercantilist economic policies of the time. Prominent thinkers associated with Classical Liberalism include John Locke, Adam Smith, and Thomas Jefferson.