Conservatives have often claimed that that the libertarian (aka "classical liberal") alleges "human freedom as the single moral imperative. " But I doubt a single example of this could be found in the whole history of liberalism.
Rather than increase efficiency and profitability, corporate managers look for easy ways to increase their salaries through leveraged buyouts. And central banks have a key role in making this easier and more common.
The liberal revolutions that paved the way for the industrial revolution were hallmarks of great progress against the state. As Lord Acton noted, a continuation of this revolutionary spirit is our best hope against the state.
The authentic German liberals have fallen into total obscurity. Today, the figures who are celebrated as early-twentieth century German liberals are men who were, in fact, collectivists and forerunners of the totalitarian state.