Once upon a time "Liberal" meant small government, lots of freedom and free market capitalism.
Collectivists, stateists, "Progressives" etc co-opted the term "Liberal" back around the time of the depression (when the term "Progressive" fell out of vogue, since it was actually "Progressives" that exacerbated the problem and made it clear they wanted to eliminate our constitutional form of government and free market capitalism to "fix" things).
When we look at the original term "liberal", that term is more accurately replaced with "libertarian" today.
Modern conservatives share a lot with libertarians (even though both conservatives and libertarians would protest such a statement). But most of us that claim the moniker "conservative" are in reality more libertarian than anything else.
The big difference between liberals and libertarians is that libertarians appear "liberal" when it comes to social issues (sex, religion, drugs/alcohol, morality etc) but agree with conservatives when it comes to small government and free market capitalism.




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