Question

What is difference liberal politics and socialist economics

Answer 1

Answer:

Liberalism, in all its tepid varieties, is a political system that assumes an economy is organized under some capitalist model; socialism, since it is not a political but rather an economic model, stands in opposition to liberalism as it is by definition non-capitalist.

Explanation:

Answer 2

Richmal Compton puts it best is one of the William books, something like this:- "The Conservatives want to keep things as they are; the Socialists want to change everything; the Liberals want to change things too but not so as you'd notice; but the Communists want to go round killing people." "I want to be one of those!" said William.
John K. Bromilow, Okehampton UK
Originally, Conservatism's aim was to conserve the existing order and protect the economy from foreigners, Liberalism's was to loosen restrictions and advance free trade. Socialism differed in advocating a classless society in which all had an equal stake. Conservatism and Liberalism represented shades of ruling-class opinion in the 19th century and both sought to exclude the workers from any undue influence. Socialism appealed to the workers because it promised to dispossess the rulers and owners and share wealth and power equally.
Phil Ashmore, London
Liberals believe in individual action; socialists believe in collective action.
Alan Mills, Alne
There's a great cod-political analysis in terms of cows, part of which goes: Conservatism: you have two cows. And you're bloody well keeping them away from those poor people, because they enjoy being poor. Socialism: you have two cows. The government takes one and gives it your neighbour. Liberalism: you have two cows. But they both wander round freely and you can't ever manage to milk both together. The better parts of the rest of it include: Capitalism: you have two cows.