What form of liberalism seeks greater political power for labor and government involvement in the economy?

Modern liberalism is characterized by its focus on expanding individual freedoms while advocating for the role of government in addressing social inequalities and promoting economic opportunities. This form of liberalism recognizes that, for true freedom to exist, individuals must have access to economic resources and social supports. As such, modern liberals support governmental intervention in the economy to ensure that labor rights are protected, thereby granting workers more political power and economic security.

In modern liberalism, the belief is that government should play an active role in regulating the market to prevent exploitation and to facilitate a more equitable distribution of wealth. This contrasts with classical liberalism, which emphasizes minimal government intervention and personal responsibility, viewing free markets as the best means to achieve individual prosperity.

While social liberalism also advocates for social justice and government intervention, its primary focus is often on issues of civil rights and social welfare rather than specifically enhancing labor power. Progressive liberalism shares some similarities with modern liberalism but is typically associated with more radical reforms and a broader critique of capitalist structures rather than the balanced approach of modern liberalism.