My understanding of the difference:
Libertarianism: Freedom of thought and action and the virtue of self interest, even if this affects other people adversely?
Liberalism (Classical not Modern): As many people as possible have as much personal freedom/autonomy as is feasible, without affecting other people adversely?
(Modern liberalism in America is sometimes thought of as a 'liberal' use of government intervention, as against a more 'conservative' use of government intervention?)
In classic liberalism, the general idea is to liberate the market from regulations, thus enabling the corporations to conform a "process" which liberals think should run completely free and without restrictions, leaving it to the rules of nature and economics. This process, of course, in the end should bring wealth to everyone.
Neo-liberalism is the same formula, but applied to all the other systems liberals didn't think about, because they hadn't had a "welfare state" crisis yet, and with all the new variables modern technology introduced on the market during the two World Wars.
Neo-liberalism thinks the state and the government only interfere with the process, and that they should be reduced to the minimum only to disappear later, leaving the control of the public works to the corporations.
They also took the liberal ideas to the maximum, enabling entrepreneurs to not physically own anything, by virtualization of capital, artificial transactions, automatic trading, and complete usage of space and time.
Democracy is a form of government, liberalism is a political philosophy.
I have added two links which may assist.
Libertarianism could be called political conservatism combined with moral liberalism
Libertarianism only really exists in the United States. Elsewhere it is simply called liberalism.
What is the difference between realism and liberalism?
Relativism Democracy Liberalism Libertarianism Anarchism
everything, libertarianism is democracy and democracy is libertarianism.
libertarianism gives people freedom, communism oppresses it. libertarianism creates opportunity, communism takes it away, and communism seeks to destroy the ultimately more fair and efficient free market whereas libertarianism wishes to employ it to progress humanity.
Classical Liberalism Is A Type Of Liberalism. Liberalism Goes Into Classical Liberalism & Neo-Liberalism. There Different Because Of How They Believe In The Economy.Classical Liberalism - Welfare, Higher Taxes To Rich, Universal Healthcare, Etc.Neo-Liberalism - Free Market Capitalism, Corporate Healthcare, Equal/Lower Taxes To Rich, Etc.So Classical Liberalism Believes The Government Should Help/Control The Economy But Neo-Liberalism Believes In A Free Market Economy.
The difference between liberalism and mercantilism is economics driving politics v.s. politics driving economics. The liberals view of economics and politics as discrete, and very different. Mercantilists grant primacy through politics within the exclusion of all else. That's the real difference--ideological, not economical.
Major US Political Parties: Source Wikipedia Party Name Date Founded Founder(s) Associated Ideologies Symbols Democratic Party 1792 / 1820s Thomas Jefferson / Andrew Jackson American Liberalism, American Progressivism, Social Liberalism Donkey Republican Party 1854 Alvan E. Bovay Conservatism, Economic Liberalism, Neoconservatism, Social Conservatism Elephant Libertarian Party 1971 David Nolan Libertarianism, Economic libertarianism, Classical Liberalism Lady Liberty Green Party 1984 Howie Hawkins John Rensenbrink Green Politics, American Liberalism, American Progressivism Sunflower Constitution Party 1992 Howard Phillips Paleoconservatism, Nationalism
Liberalism focuses on the idea of freedom and equality to benefit all people. Absolutism concentrates all power and privilege into the hands of just a few or, more commonly, just the monarch.
Libertarianism Today was created in 2010.
Andrea Baumeister has written: 'Liberalism and the 'politics of difference'' -- subject(s): Feminism, Liberalism, Multiculturalism