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<p>and always have been. Essentially they espouse <a href="page.php?w=classical_liberalism">classical liberalism</a>, that is a form of democratized <a href="page.php?w=Whig_constitutionalism">Whig constitutionalism</a> plus the <a href="page.php?w=free_market">free market</a>. The point of difference comes with the influence of social liberalism."</p>

<p>Economically, modern liberalism accepts <a href="page.php?w=Regulatory_economics">a role for government to protect against market failures</a>, protect competition and prevent corporate <a href="page.php?w=monopolies">monopolies</a>,</p><p>
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