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Typically Liberalism can be classified into two distinct strands, Classical and Modern (nonetheless some thinkers advocate a third strand that's referred to as Neo-Liberalism), each characterized by their diverse and to some extent unavoidably overlapping attitudes about the concept behind the ideology and the way it should be put into practice. Prior to analyzing how these relate to one another and prior to making any comparisons, it is very important to give a definition, as far as you can, of Liberalism as a concept. Liberalism is an ideology and due to the shifting perspectives of ancient persons, who have each seen themselves to be Liberals, is hard to define exactly. There are five consented differentiating tenants of Liberalism. The most important of these, percolating throughout the ideology, is the вЂImportance of the IndividualвЂ™, also closely interlinked with this is вЂFreedomвЂ™, which leads on to the notion of вЂIndividual Freedom or libertyвЂ™. Liberals believe that humankind is a rational species, and thus вЂReasonвЂ™ is a third renter. Additionally Liberalism urges the principle of вЂJusticeвЂ™ and TolerationвЂ™ are fundamental in the wellbeing of society and every one of these aspects relates directly back to the quintessential first tenant. Liberalism, according to Habermas вЂњemphasizes individual freedom from restraint and is usually based on free competition, the self-regulating marketplace, and the gold standard; c: a political philosophy based on belief in progress, the essential goodness of the human race, and the autonomy of the individual and standing for the protection of political and civil liberties.вЂќ As an individualist, instead of a collectivist ideology the individual is placed as the building block of society. J. S. Mill States.