Liberalism is the most enduring and influential philosophical tradition to have emerged from the European Enlightenment. It is an approach to politics which champions scientific rationality, freedom and the inevitability of human progress. It is a perspective of government which emphasizes individual rights, constitutionalism, democracy and limitations on the powers of the state. It is also a model of economic organization which argues that market capitalism best promotes the welfare of all by most efficiently allocating scarce resources within society.
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