What's more interesting to me is that over that same century, at least in the US, we've really softened capitalism with aggressive regulation and redefined libe

What's more interesting to me is that over that same century, at least in the US, we've really softened capitalism with aggressive regulation and redefined liberalism entirely. We still have many of the basic building blocks of capitalism at least, but when I hear someone describe themselves as liberal it's never in the context of individual rights, freedom of speech, due process, etc. Liberalism today seems to be used as a synonym for progressive these days, and the progress argued for is generally away from the individual and towards the collective.