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Classical Liberalism Relevant Today

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How relevant is the work of classical liberal theorists to politics today?
Classical liberalism is a product of European enlightenment. The enlightenment signaled the unregulated use of reason in human affairs,theology,economics,politics, and philosophy. Fundamentally classical liberalism is based on the premise of Life, Liberty, and Property. The Classical liberalism lays emphasis on the private property and the market order. The classical liberal theorists believe that the liberty and private property are closely linked. According to the classical liberal theorists, An economic system based on private property is uniquely consistent with individual liberty. Some Classical liberals argue that All rights, including liberty, are forms of property

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