I. The political spectrum

a)    ‘left’ and ‘right’

II. Liberalism

a)    prioritization of the individual

i) site of liberty and freedom

ii) relation of individual to society

b)    natural disposition to exchange

i) market is beneficial

c)    minimal political intervention

i) defer to rational individuals and efficient market

III. Liberalism and Democracy

          a) importance of rights

i) rights derived from nature

ii) rights and freedoms are different

b) limitations on rights

i) cannot trample others’ rights

ii) property rights are private

ii) redressing injustice involves minimal political intervention

          c) consent of the governed.