Classical
Liberalism
Meaning of "liberalism." The word
"liberal" is said to have been coined in
In
In
the
This
explanation helps clarify the competing uses.
Unfortunately, it does not explain all usage. There are authors who make none of these
distinctions, but instead refer to all modern thought as "liberal,"
using the word to distinguish modern thought from that of the pre-modern regime
of feudalism, faith and monarchy. In
this usage, even Rousseau and Marx are "liberals" -- and it becomes
possible even to speak of "totalitarian liberalism."
Historical development of classical liberalism. Classical
liberal thinking developed over many centuries.
The ancients contributed much, and even the feudal ideas of the Middle Ages contained important ingredients. In his The Constitution of Liberty, F.
A. Hayek traced a 2500-year development of the Rule of Law as a vital restraint
on arbitrary government.
The
development of classical liberalism as a comprehensive social philosophy
awaited, however, the rise of the commercial middle class at the end of the Middle Ages.
Classical and neo-classical economics, stating the theory of a market
economy, has most thoroughly formulated classical liberal thinking. Although there are many
"non-economic" elements in its total position, classical liberalism
has primarily been formulated as a "theory of capitalism."
Classical
liberalism has been on the defensive throughout the world during the 20th
century. In the
Central concepts. The classical liberal considers the central
problem in human life to have been the denial of individual liberty. History is seen as primarily a struggle for
liberty.
Of
the many definitions of "liberty," the classical liberal holds those
to be spurious that do not concern themselves with the problem of
coercion. By coercion is meant one
person's manipulation of another's circumstances in a way to cause him to act
as the first desires, where the effect is detrimental from the point of view of
the person manipulated. The opposite of
a coercive transaction is a voluntary one, where A offers B an
enhancement of one alternative to make it more attractive to B than his
other options. This involves putting B
in a better, not worse, overall position (although it is important to note that
socialist "exploitation theories" say otherwise). The uncoerced contract becomes for classical
liberals the basic building block for human relationships, and a highly
developed economy featuring specialization and the division of labor is to be
founded on the interaction of vast numbers of contracts.
In
striving for a society founded upon a voluntary nexus, the classical liberal
seeks to obviate the degradation that comes from oppression, and to permit
people to live as their own agents. A
free society is seen as a peaceable, productive plateau from which people can
rise to their own self-determined heights of intellectual, aesthetic and moral
attainment. This spiritual dimension of
classical liberalism finds its strongest expression in the writings of Ayn Rand
in such books as Anthem, The Fountainhead and Atlas Shrugged. (
Perhaps
one of classical liberalism's most important concepts is what I have called
"the vitalist perspective." To
a very large extent, the classical liberal is persuaded that the world can in
fact operate successfully if people are left to their own devices (assuming a
social order that establishes the preconditions for this, although classical
liberals differ among themselves about what preconditions are necessary). He does not think that liberty is chaos. He is willing to rely on human vitality and
does not see people as inert matter. His
assertion of human capability is partly an empirical observation and partly a
moral injunction, calling out to people to "so conduct yourselves
that human life can be placed on a satisfactory footing." The entire classical liberal
"model" for society was built upon this assumption of human
capability. Adam Smith's conception of a
workable market economy was based on a newly developed realization of the
harmony of voluntary human energies.
At
the same time, the philosophy is oriented toward the real world, not
utopianism. The focus is primarily on
production, motivation, work. The
classical liberal is ready, in keeping with his principles generally, to let the distribution of the product of that work be
determined by the contractual arrangements people choose to make.
The
classical liberal seeks to maximize individual voluntarism, but in a "do your own thing" age this is easily
misunderstood. Within the classical
liberal conception of liberty (subject to the differences of opinion that I
will comment on later about this), there is as much emphasis on responsibility
as on the individual's unfettered right to do as he pleases. The free society depends vitally on a moral
order, and is seen to depend profoundly upon a net of subtle cultural patterns
or mores, an ethical sensibility shared by the overwhelming majority of the
population, and finally upon law and government. The right of the individual to live his own
life is the overriding purpose, but to accomplish this requires all of the
cements that go to hold a civilization together. Among other things, the monogamous family is
important to classical liberalism because it serves as a supportive unit for
the individual; because it is a source of moral values; and because, in
contrast to a state nursery, it provides a multicentered source for the passing
on of ideas and values to the next generation.
"What
ought to be the functions of the state?" is another central concern (and
you can usually tell a classical liberal by his attentiveness to this, whereas
most other philosophies give it little direct attention). "
Hayek
wrote that the
Historically,
classical liberals differed among themselves about how much they could trust
the "common man" to preserve liberty.
On the continent of
The
challenges classical liberalism faces now. In their role as "conservatives" in
the
Divisions
among them are now becoming apparent, however, as new
challenges pose for them the question of what is most important within their
philosophy. This is bringing to the fore
the fact that classical liberals differ among themselves about how much a
society of personal freedom requires cultural and moral prerequisites.
First,
those who stress their "libertarianism" tend virtually to agree with
the 1960s' counterculture's vision of freedom as a "do your own
thing" sort of lifestyle, while other classical liberals have, to the
contrary, found reason to stress their cultural conservatism in the context of
what they see as an erosion of the cultural and moral underpinnings of a free
society. The latter see personal
responsibility as every bit as important as personal autonomy.
Second,
the nations of the world are rapidly moving into a global marketplace in which
economic competition comes not just from within a given country but from
peoples everywhere. World population is
growing beyond anything ever envisioned in human history, and is passing from
four billion people a few years ago to a projected 10 and even 15 billion
people within the span of lives now in existence. Vast populations, largely impoverished, offer
endless cheap labor, while at the same time those same populations offer, as
well, the prospect of tens of millions of highly intelligent skilled
workers. In this context, many classical
liberals follow the logic of their traditional free trade position -- which is
that all peoples will be enriched by open competition in which those who can
make something the cheapest should be the ones to do so, with all producers
gravitating toward whatever products and services give them a "comparative
advantage."
But here, too, there are other classical
liberals who ask themselves whether this unlimited pursuit of voluntarism might
not undermine the social, cultural and institutional prerequisites of a free
society. Might, say,
the
Third,
though it is related to the preceding point, there is a growing division among
classical liberals over the continuing existence of American and European
national and cultural identity. Both the
In
part, these divisions came to a head during the primary election campaign in
the 1996 presidential election. They are
bound to loom ever larger as time passes.
Bibliographical
Notes
Most of the theoretical work done in
formulating classical liberalism has overlapped with the work of the classical
and neo-classical economists, which means that most of its theory has been in
the realm of economics. This makes it
difficult to cite books that present an overview of classical liberalism as a
total view of society. The professor,
who is a classical liberal, has long been aware of this deficiency, and he has
sought to fill the void in his own writings, which remain almost entirely
unknown. The short monograph The
Principles of Classical Liberalism is perhaps adequate to the purpose. For a longer, more complete exposition, see
the professor's Modern Social and Political Philosophies: Burkean
Conservatism and Classical Liberalism (pages 97-452). His first book, Emergent Man, stressed
the spiritual dimensions, especially in its first third. This book was strongly influenced by Ayn
Rand, whose main books are mentioned in the preceding discussion.
Ludwig von Mises' Human Action and
John Stuart Mill's Principles of Political Economy are vast treatises on
economics, but can also be seen as principal statements of classical
liberalism. F. A. Hayek's The
Constitution of Liberty deals with the history of legal and Constitutional
underpinnings. Milton Friedman's Capitalism
and Freedom has the virtue of talking in terms of issues most important in
the second half of the 20th century.
Herbert Spencer's The Man Versus the State is a powerful
statement of a highly libertarian version.
Frederic Bastiat's short classic The Law is considered by many to
be one of the great founding documents of classical liberalism. Adam Smith's The Wealth of Nations
(along with his The Theory of Moral Sentiments) is seen in the same
way. Lord Robbins' Politics and
Economics is in keeping with the professor's own preference for a less deductive,
more expansive statement of the prerequisites of a free society. Wilhelm Roepke's The Humane Economy
blends classical liberalism with a fair portion of Burkean conservative values.