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What does liberalism mean?

Looking for the meaning or definition of the word liberalism? Here's what it means.

Noun
  1. The quality of being liberal.
  2. (politics) Any political movement founded on the autonomy and personal freedom of the individual, progress and reform, and government by law with the consent of the governed.
  3. (economics) An economic ideology in favour of laissez faire and the free market (related to economic liberalism).
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Surges of fashionable liberalism such as latitudinarian complacency in the early part of the century drew the fire of much satirical scepticism.
But also costly figuratively, costly psychologically, because the new social lassitude associated with liberalism affronted cherished values.
What the lefties are referring to is economic liberalism, with its laissez-faire, free market principles.
Trial lawyers and MTV are bastions of liberalism and, therefore, kissing cousins.
Fascism explicitly repudiated the bourgeois individualism that it associated with liberalism.
Equality feminism and American liberalism seek equality for every individual.

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