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Political and economic liberalism - Coggle Diagram
Political and economic liberalism
Criticism of the old regime
The legal inequality of the estate system
Society divided into:
Privileged social groups
Rest of the population, the commoners
The survival of a feudal economy
Great commercial and market growth during previous centuries
Liberals criticised
The power of absolute monarchs and the Church
Power of monarchies, privileges of the Church, ability to influence laws, limited individual rights and freedom of expression
Monarchs and clerics censored criticism development of new ideas
The survival of manorialism in the fiefdoms of the nobility and the Church
Inhabitants of fiefdoms had to work for their lords, pay taxes, be subject to their laws
Mercantilism
More precious metals a kingdom owned more powerful it was
Physiocracy
Agriculture should be the main source of wealth
Ideas of political liberalism
Equality of people before the law
Abolition of all privileges, fiefdoms, manorialism and the whole estate system
Everyone, including the king, should be subject to the same laws regardless of their social origin
The existence of unalienable individual rights
Human beings naturally possessed the right to life, liberty and property
Press, printing, education and assembly
The division of powers
Separation between the Church and the state
Sovereignty resides in the nation
Representative political power
Moderate liberals
Monarchists and therefore wanted to keep the king, official religion, believed their power should be subject to the law
Censitary suffrage
Radical liberals
Democrats, and advocated universal suffrage
Ideas of economic liberalism
Adam Smith
Free market
Private property
The law of supply and demand