Liberalism - Liberalism Liberalism- An economic and...

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Unformatted text preview: Liberalism Liberalism- An economic and political doctrine that emphasized free trade and constitutional guarantees of individual rights such as freedom of speech and religion- Modern ideology justifying capitalism and eventually, democracy- Liberals were favorable to the Enlightenment- Favored by middle class composed of manufacturers, merchants, and professionals Difference between modern and classical liberalism Political components- Individual- Rights and freedoms- Civil society- Toleration- The least government the better, all the government does is law and order, infrastructure, etc- Human reason is a source of progress- New political legitimacy- Common good= sum of individual goods (Rousseaus general will)- Conflict is inevitable and should not be resolved- representation Economic components:- Competition, conflict is good- Political economy as opposed to household economy- Separation of politics and economicslaissez-faire, hands off- Different answer to the questions of who was to develop the economymonarch and...
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Liberalism - Liberalism Liberalism- An economic and...

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