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Liberal conservatism is a political ideology that combines elements of conservatism and economic liberalism. Liberal conservatives believe in the free market and laissez-faire economic policies combined with traditional conservative values, such as the belief in natural inequality, the importance of religion, and the value of traditional morality. In a way, liberal conservatism is the opposite of classical liberalism, a belief that supports both economic and individual freedom.
This term should not be confused for conservative liberalism, which is an offshoot of liberalism, not conservatism.