Which form of liberalism emphasizes increased government regulation and social welfare compared to classical liberalism?

The correct answer highlights modern liberalism, which is characterized by its emphasis on the need for government intervention in the economy and society to promote social justice and welfare. Unlike classical liberalism, which prioritizes individual freedom and minimal state intervention, modern liberalism acknowledges that free markets alone can sometimes lead to social inequalities and that the government has a role in addressing these disparities.

Modern liberalism advocates for policies that support social welfare, such as healthcare, education, and other forms of social support, to ensure that all individuals have access to opportunities for success. It seeks to balance individual liberties with social responsibility, recognizing that the government can play a vital role in promoting both economic well-being and the social good.

This understanding sets modern liberalism apart from classical liberalism, which largely rejects significant government involvement in economic practices, preferring a more hands-off approach. Other variations, such as social liberalism, while similar in some respects to modern liberalism, focus more specifically on the social aspects and might prioritize different issues. Eco-liberalism introduces environmental concerns into this dialogue but does not specifically address the balance of government intervention and individual freedoms in the same way.