I believe in a relatively equal society, supported by institutions that limit extremes of wealth and poverty. I believe in democracy, civil liberties, and the rule of law. That makes me a liberal, and I’m proud of it.

Paul Krugman
About This Quote

A liberal, according to the left-wing of the Democratic Party, is someone who believes in democracy, civil liberties, and the rule of law. These are all things that most liberals believe in. There are some important differences between liberals and conservatives though. A liberal believes in a relatively equal society, while a conservative believes in inequality. A liberal believes in democracy while a conservative believes in aristocracy (specifically the aristocracy of wealth.) The last difference is that a liberal believes in institutions that limit extremes of wealth and poverty; while conservatives believe in politics that allows people to go as far as they can get.

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