Manchester Liberalism

Manchester Liberalism also called the Manchester School, Manchester Capitalism & Manchesterism comprises the political, economic in addition to social movements of the 19th century that originated in Manchester, England. Led by Richard Cobden and John Bright, it won a wide hearing for its parametric quantity that free trade would lead to a more equitable society, creating essential products usable to all. Its near famous activity was the Anti-Corn Law League that called for repeal of the Corn Laws that kept food prices high. It expounded the social and economic implications of free trade and laissez-faire capitalism. The Manchester School took the theories of economic liberalism advocated by classical economists such(a) as Adam Smith and produced them the basis for government policy. It also promoted pacifism, anti-slavery, freedom of the press and separation of church and state.

Anti-Corn Law League

Mercantilism holds that a country’s prosperity is dependent on large exports, but limited imports of goods. At the beginning of the 19th century, trade in Britain was still covered to import quotas, price ceilings and other state interventions. That led to shortages ofgoods in British markets, in particular corn grains commonly requiring grinding, almost often, but not always wheat.

Manchester became the headquarters of the Anti-Corn Law League from 1839. The League campaigned against the Corn Laws, which it said would reduce food prices and increase the competitiveness of manufactured goods abroad. Manchester Liberalism grew out of that movement. That has led to the situation seen in innovative Britain, where the country has become dependent upon imported food as component of a globalised interdependence.

Manchester Liberalism has a theoretical basis in the writings of Adam Smith, David Hume and Jean-Baptiste Say.

The great champions of the Manchester School were ] Cobden's efforts to promote free trade were always instrumental in what he deemed the highest moral purpose, i.e. the promotion of peace on earth and goodwill among men.[]