 | Loerke (51)
09/29/2007 | The origins of the word "liberal" are in the free-trade economics of Adam Smith and others. Critics of globalization today use the word "neoliberalism" in the original sense, as a term of abuse describing advocacy of Clintonian free-trade / globalization. Today some self-described liberals who advocate the welfare state have forgotten the origins of the term, though it would still be hard to find one who is really an anti-capitalist at heart. Even Marxists are pro-capitalist because they believe that capitalism is a positive step in the historical progress toward communism (dream on). These days, it seems that only the Greens and Islamic fundamentalists really dislike a free market and free trade.
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