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The paper discusses how liberalism is defined through economic theory and liberal economic theory advocates free competition. The paper then relates that Mikhail Speransky is often called the father of Russian liberalism, and from Speransky's ideals of liberalism in the 19th Century, liberal parties in the 20th Century Russia evolved. The paper discusses the Constitutional-Democratic Party headed by Pavel Milyukov, the Liberal International Party and the Union of Right Force. The paper explains that in Russian politics, neither party is considered a liberal party rather it is perceived as a democratic conservative party, but in the Western politics, the party is considered a pro-free-market and anti-authoritarian party.
From the Paper:"Liberalism is defined through economic theory. Liberal economic theory advocates free competition. The foundation of a free market is self-regulation and the gold standard. Mikhail Speransky is often called the father of Russian liberalism. From Speransky's ideals of liberalism in the 19th Century, liberal parties in the 20th Century Russia evolved. One of the parties and the most important one is known as the Constitutional-Democratic Party headed by Pavel Milyukov. After Communism collapsed there were a variety of liberal parties that emerged, but the only one with strength and force was called the Liberal..."
Cite this Term Paper:
Liberalism (2008, December 01) Retrieved May 16, 2021, from https://www.academon.com/term-paper/liberalism-139219/
"Liberalism" 01 December 2008. Web. 16 May. 2021. <https://www.academon.com/term-paper/liberalism-139219/>