What these elders have generally lacked is a recognition that one can not revise one of liberalism's main commitments, today characterized as «progressivism,» while ignoring the other,
particularly economic liberalism.
Founded by a merger of the Social Democratic Party and the Liberal Party, the party can be simplistically labelled as a mixture of
economic liberalism and social
liberalism, and it has become fashionable to insist that while the party could sit comfortably with such differences when in opposition, it is much trickier when in government,
particularly as a minority party.