A political philosophy conceived some 500 years ago, and put into effect at the birth of the United States nearly 250 years later, was a wager that political society could be grounded on a different footing. It conceived humans as rights-bearing individuals who could fashion and pursue for themselves their own version of the good life. Opportunities for liberty were best afforded by a limited government devoted to “securing rights,” along with a free-market economic system that gave space for individual initiative and ambition. Political legitimacy was grounded on a shared belief in an
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