Not only is it a common definition but it's become political satire at this point. Classical liberalism, which many center-right democrats and center-right republicans coopt in the US, is a sea of 'extreme centricism' which ends up getting absolutely nothing done in the name of 'anti-extremism' and so just push the status quo. It's full of golden mean fallacies and putting off actual social progress in the name of 'the US just isn't ready for that yet.' Including things the classical liberals purportedly agree on, like universal healthcare or universal basic income or even gay marriage back before it was politically safe on either side to be pro-gay marriage.That doesn't sound like a common definition at all. where did THAT come from?
You can see this when any 'classical liberal' tries to court votes. They say 'universal healthcare alienates moderate voters' despite that it's broadly popular. They aren't left and they don't want to move left. They're center-right at best.
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