New liberalism

This text is part of the Liberalism series

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New liberalism (also called modern liberalism or social liberalism) is a stance in political economy that argues for extensive government regulation of the private sector. 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.

Modern Liberals are capitalists who support private ownership of the means of production.

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 text is included in the article Liberalism.