> Almost every political party in western democracies are “liberal” in the classical sense.

Wrong. They are neoliberal, not classically liberal.

Classical liberalism (belief in naturalistic free market economics) failed in the 20th century and neoliberalism took its place, characterized by top-down micromanagement of economic ecosystem.

In other words, classical liberalism insists markets will thrive only when left to their own devices. Neoliberalism insists markets will thrive only when managed by competent administrators (see Federal Reserve).