Classical liberalism (n.) was pre-capitalist, even anti-capitalist; to it, wage labor was immoral, because it denies people control over their own work.
Classical liberalism (n.) condemns capitalism on its own premises; Humboldt's founding text had to be watered down past recognition before it could serve as an ideology of industry.
Classical liberalism (n.) never warned against private power because, in its day, there was none worth fearing — only State and Church.
Classical liberalism (n.) broke, in its original form, on the rocks of rising industrial capitalism; what goes by the name today is an ideological reconstruction.
Classical liberalism (n.) finds its natural modern heir not in the neoliberal religion but in workers' movements and libertarian socialism.