According to Noam Chomsky, the power struggle that existed when liberalism was first introduced was between the state and people.
“There was no great divergence between people and what they command,” Chomsky said in a classic interview, calling this a “post feudal but pre capitalist world.” Because of which, iberalism has undergone a complex evolution.
“It was the task of liberalism to dissolve the enormous power of the state, which was the biggest threat to individual liberties,” Chomsky explained. During the Enlightmentment era, when the term gained popularity, he continued, “[scholars] couldn’t conceive of an era in which a corporation would be regarded as an individual or in which enormous disparities over control of resources and production would distinguish between individuals in a massive fashion.” Now, to take that view is a very superficial liberalism. RawStory.com