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From WordNet (r) 3.0 (2006) [wn]:
liberalism
n 1: a political orientation that favors social progress by
reform andby changing laws rather than by revolution
2: an economic theory advocating free competition and a self-
regulating market
Seems like the first definition is conservative-left. The second definition sounds like capitalism. Honest question here, but what am I missing?
From WordNet (r) 3.0 (2006) [wn]: liberalism n 1: a political orientation that favors social progress by reform and by changing laws rather than by revolution 2: an economic theory advocating free competition and a self- regulating marketSeems like the first definition is conservative-left. The second definition sounds like capitalism. Honest question here, but what am I missing?