Jul 15, 2026 · 1 hr 4 min · 12 segments
In the heady days after the collapse of the Soviet Union, many imagined that we had arrived at the “end of history” now that liberal democratic capitalism had chased all ideological competitors from…
Brink LindseyHost
You've got your own sort of three main themes that appear again and again in the history of liberalism.
Yeah, let me talk about the three things that really define the essence of liberalism, 'cause liberalism has many, many, uh, incarnations.
But the three essential things that you must have to have a liberal regime are firstly individualism, that you start out with the individual and work upwards and outwards from the individual.
That s- socialism starts with a sort of collectivism, that traditional Toryism starts with a notion of collectivism, as it were embodied in tradition.
But liberalism will start with the individual, and, uh, that is, that, that, that, that, that is the fundamental thing that liberals, liberals will agree upon.
The second thing is, uh, tolerance, that liberals think, believe that we cannot be certain about a lot of important epistemological propositions, particularly when they're metaphysical about the meaning of life, that we have to agree to disagree, and that that must pervade all of our actions.
We must have a dis- a belief in discussion, all of which emanates from this, the, the, this fundamental skepticism.
That all liberals think that, that too much power in the hands of one person or a few people is in itself a very dangerous thing, even if those people are, uh, can claim to be enlightened, uh, because, uh, power corrupts.
That people get old, people become degenerate, people become drunk with power.
So liberals are always concerned with sharing power, disciplining power, dividing power, that it's something that is too dangerous to be in the hands of one person.
So those are the three definitional things that I think all liberals, all regimes must have to be called liberal.
Now, for a long time, people have thought that there is this fourth thing, which is the balance between the state and the market.
That if you're a classical liberal, you would, uh, believe in the small state, the big market.
If you were a sort of 1960s LBJ-style liberal, you'd believe in the, a compassionate state that embodied certain compassionate values.
You can be a small state liberal, you can be a, a big state liberal, and we, we, we shouldn't be too hung up about the size of the state.

You've got your own sort of three main themes that appear again and again in the history of liberalism.
Yeah, let me talk about the three things that really define the essence of liberalism, 'cause liberalism has many, many, uh, incarnations.
But the three essential things that you must have to have a liberal regime are firstly individualism, that you start out with the individual and work upwards and outwards from the individual.
That s- socialism starts with a sort of collectivism, that traditional Toryism starts with a notion of collectivism, as it were embodied in tradition.
But liberalism will start with the individual, and, uh, that is, that, that, that, that, that is the fundamental thing that liberals, liberals will agree upon.
The second thing is, uh, tolerance, that liberals think, believe that we cannot be certain about a lot of important epistemological propositions, particularly when they're metaphysical about the meaning of life, that we have to agree to disagree, and that that must pervade all of our actions.
We must have a dis- a belief in discussion, all of which emanates from this, the, the, this fundamental skepticism.
That all liberals think that, that too much power in the hands of one person or a few people is in itself a very dangerous thing, even if those people are, uh, can claim to be enlightened, uh, because, uh, power corrupts.
That people get old, people become degenerate, people become drunk with power.
So liberals are always concerned with sharing power, disciplining power, dividing power, that it's something that is too dangerous to be in the hands of one person.
So those are the three definitional things that I think all liberals, all regimes must have to be called liberal.
Now, for a long time, people have thought that there is this fourth thing, which is the balance between the state and the market.
That if you're a classical liberal, you would, uh, believe in the small state, the big market.
If you were a sort of 1960s LBJ-style liberal, you'd believe in the, a compassionate state that embodied certain compassionate values.
You can be a small state liberal, you can be a, a big state liberal, and we, we, we shouldn't be too hung up about the size of the state.
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