Classical Liberalism is a political and economic philosophy that emphasizes individual freedom, limited government, and free markets. It advocates for the protection of personal rights and liberties, believing that individuals should have the autonomy to make their own choices without excessive interference from the state. Key thinkers associated with this ideology include John Locke and Adam Smith.
This philosophy emerged in the 17th and 18th centuries during the Age of Enlightenment, promoting ideas such as democracy, rule of law, and private property. Classical Liberalism has significantly influenced modern political systems and continues to shape discussions about governance and economic policies today.