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This philosophy frequently extends to a belief that the government should provide for a degree of general welfare, including benefits for the unemployed, housing for the homeless, and medical care for the sick. Such publicly-funded initiatives and interferences in the market are rejected by modern advocates of classical liberalism, which emphasizes free private enterprise, individual property rights and freedom of contract; classical liberals hold that economic inequality, as arising naturally from competition in the free market, does not justify the violation of private property rights.
Liberalism rejected many foundational assumptions which dominated most earlier theories of government, such as the Divine Right of Kings, hereditary status, and established religion...
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