“When viewed historically the development of philosophical liberalism has to be seen as inseparable from economic liberalism (laissez-faire capitalism). The effect for Nietzsche of the domination of the polity by a money-economy is that the basis for a strong communal, ethical life is undermined, and culture is overtaken by philistinism. The expression, and realisation, of true individuality becomes almost impossible in the modern world. For Nietzsche liberalism emancipates the ‘private person’ (of bourgeois society), but not the ‘true individual’. It lacks a conception of culture.”