In terms of classical liberalsim, yes.So why is Liberalism so tolerated today? What is wrong with us?
The United States Constitution is one of the most liberal documents in history.
Classical Liberalism amd Modern American Liberalism are almost completely unrelated.
Personally I think it stupid to consider 'liberalism' in terms of 'modern' and 'classic' versions, which are polar opposites of each other. The concept is less than 350 years old.
More likely, the status quo fears the power liberalism gives to the middle and working classes so they use their media power to wrap the concept in blankets of socialism and communism because voters stupid enough to still hold on to the trickle down theory will believe just about anything.
The biggest problem with liberalism is that there are so few American voters willing to expend the energy required to think for themselves, which is a prerequisite for joining the club.