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liberalism1: the quality or state of being liberal2 aoften capitalized : a movement in modern Protestantism emphasizing intellectual liberty and the spiritual and ethical content of Christianity b: a theory in economics emphasizing individual freedom from restraint and usually based on free competition, the self-regulating market, and the gold standard c: a political philosophy based on belief in progress, the essential goodness of the human race, and the autonomy of the individual and standing for the protection of political and civil liberties
; specifically : such a philosophy that considers government as a crucial instrument for amelioration of social inequities (as those involving race, gender, or class) dcapitalized : the principles and policies of a Liberal party
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