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Both republican and liberal systems of thought felt the foundation of freedom was security of property.

     

        A political and moral ideology known as liberalism is founded on individual liberties, freedoms, the consent of the governed, and equality before the law. The majority of them favor private property, market economies, individual rights, liberal democracies, secularism, the rule of law, economic and political freedom, freedom of speech and the press, freedom of assembly, and freedom of religion. Representative democracy and the rule of law were to take the place of the hereditary privilege, state religion, absolute monarchy. Additionally, liberals eliminated mercantile regulations, royal monopolies, and other commercial restrictions in favor of free trade and marketization.

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