New Liberalism

New liberalism (also called modern liberalism or social liberalism) is a stance in political economy that argues for extensive government regulation and partial intervention in the economy, though much less than what is advocated by social democrats. It is also a stance in general policies, based on the idea that society has no right to moralize its citizens, but that society has the task to guarantee equal opportunities for each of its citizens. New liberalism is not to be confused with neoliberalism, a name given to various proponents of the free market corporations in the late 20th century's global economy. This distinction is important to notice, because "new" or "social" liberals tend to be scandalized by the positions of "neoliberals".
A more comprehensive presentation is included in the article Liberalism.

 

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