Although modern liberalism more or less supports the same issues, it still allows for a high amount of diversity even inside its system. Apart from a few areas of disagreement, modern liberalism is unified in its support of left-wing positions on issues such as abortion, rule of law, and so on, and yet, there are many kinds of modern liberals, for the same reason there are many kinds of mathematicians. A social liberal and an economic liberal do not necessarily disagree, like a physicist who supports relativity and a physicist who supports quantum mechanics do; rather, they are as different from each other as a set theorist and a geometrician are, in the sense that they focus on different areas of political theory (Richard, 2001). Such types of modern liberalism mostly concur; the only real disagreement is between internationalist liberals who support globalization and economic liberals who are more cautious with it.
While few liberals object to the free flow of people and information, there are many who object to the free flow of money. Modern capitalism has destroyed the economies of several countries, such as Brazil and Argentina; however, the fact that the International Monetary Fund is capable of destroying a developing nation’s economy does not necessarily mean that they should be disbanded, as some liberals believe. However, there is little rational justification under the secular humanistic paradigm to the keeping of wealth in developed nations as opposed to distributing some of it to developing ones, and there is not enough evidence that the IMF’s very existence threatens poorer nations with default and bankruptcy.
That does not mean people support the current structure of the IMF, whereby nations have to pay interest on the loans from the moment they receive them and whereby nations must use deflationary fiscal policies....
