Main Entry: lib·er·al·ism

Pronunciation: \ˈli-b(ə-)rə-ˌli-zəm\

Function: noun

Date: 1819

1 : the quality or state of being liberal
2 a often 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) d capitalized : the principles and policies of a Liberal party

— lib·er·al·ist \-b(ə-)rə-list\ noun or adjective

— lib·er·al·is·tic \ˌli-b(ə-)rə-ˈlis-tik\ adjective