A long history of how classical liberalism turned into modern liberalism.

The Epic Triumph of Liberalism and Its Tragic Betrayal

...In his Two Treatises of Government, Locke proclaimed and philosophically defended the universal rights of every individual to life, liberty, and property. He also relegated government to a limited, servile role: to doing little (if anything) more than securing those rights. This contrasted starkly with the Tory glorification of the monarch as the “Delegate of Heaven” wielding the divine right to rule.

...In An Inquiry into the Nature and Causes of the Wealth of Nations (1776), Enlightenment philosopher Adam Smith asked why unprecedented opulence had blessed Britain in recent decades. Using the new science of economics, Smith explained how the credit was due to Britain’s “liberal principles,” including free trade (“the liberal system of free exportation and free importation”) and liberty in general (“allowing every man to pursue his own interest his own way, upon the liberal plan of equality, liberty and justice”).

...How did the meaning of "liberalism" become so confused to the point of being completely reversed? According to Spencer, “Liberalism has lost itself” because Liberals gave unduly narrow emphasis on the fruits of liberalism (widespread public welfare) at the expense of the very principles of liberalism (the individual's right to life, liberty, and property) that bore those fruits.

...This two-pronged barbarian attack has continued unabated, because, since the corruption and downfall of original liberalism, the left and the right have held a statist duopoly on the ideological imagination of the world. That duopoly needs to be broken. Our civilization desperately needs to remember the long-forgotten liberal tradition that lifted it up and first gave humanity a glimpse of what we're truly capable of. That is the task of the liberalism of today....