Liberism (derived from the Italian term liberismo) is a term for the economic doctrine of laissez-faire capitalism first used by the philosopher Benedetto Croce, and popularized in English by the Italian-American political scientist Giovanni Sartori.Sartori imported the term from Italian in order to distinguish between social liberalism, which is generally considered a political ideology often advocating extensive government intervention in the economy, and those liberal theories of economics which propose to virtually eliminate such intervention.
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