2 - Liberalism
2 - Liberalism
Liberalism:
• Theoratical roots goes back earlier (17, 18th century) than its
emergence in practise
• A product of the breakdown of feudalism in Europe (19th c.)
reflected the aspirations of the rising middle classes
• was revolutionary and radical, challanging against
‘absolutism’ , ‘aristocracy’ & ‘church’ dominance.
• spread widely in the nineteenth century and had
predominance in the West; associated with the rise of
industrial society as well.
• Some called the ‘ideology of middle-class’ or ‘bourgeois’
Key assumptions of liberalism
- General
• Liberty (Freedom)
• Individualism
Key Principles
• Individuality
– Not self regarding but self-fulfilment
• Positive freedom
– Freedom is the ability of the individual to develop and attain individuality
– Recognizing the role of social conditions for self-realization
• Unrestrained capitalism and market fundemantalism do not offer the same opportunities to everyone.
– Help the individual to help himself in a collective action
Modern liberalism- 2
• Welfare/Social liberalism
– New theory of justice: basic equality as fairness
– The state’s role to reduce social disadvantages for enjoyment of individual rights
• Economic management
– Great depression- 1930’s and failure of free-market
– Keynesianism- debate of unemployment
– Managed economy vs unregulated market
– Regulatory bodies for industries
Classical vs Modern :
Comparasion
Classical Liberalism Modern Liberalism
Strict meritocracy- safety net welfare Concern for poor- Cradle to grave welfare
• Tolerance
• Diversity & Pluralism
– Liberalism : value-netural or a value-package?