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Actually, the rest of the world considers "Liberalism" to be a libertarian leaning centrist, pro free market, anti government regulation, anti government intervention in people's private life. It's actually more in line with the now non-existent Rockefeller style moderate Republicanism. In western Europe, Israel and most other democracies, liberal parties usually form coalition with more right wing parties because of their free market tendencies. Foreigners often get confused when US progressives are referred to as "liberals".