Social Justice and Peace Studies 1025F/G Lecture Notes - Lecture 4: Naomi Klein, Mikhail Bakunin, James Mill

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Socljust 1025f lesson 4 contemporary capitalism: neoliberalism & the welfare state. In the 19th century people divided the political spectrum up into: Socialists: were opposed to the market system; also opposed to monarchy & the church (ie: marx, bakunin) Liberals: believed in natural rights to private property, & the efficiency of the free market; also opposed to monarchy & the church (ie: locke, adam smith, james. Conservatives: were skeptical of capitalism but supported tradition, church, monarchy, etc. (ie: burke) Today in most of the world, the terms used are: Social democrats: ndp, socialist parties in europe: progressives, opposed to capitalism, but think the system can be improved incrementally by reform. Conservatives: harper, bush, american evangelicals: agree with neoliberals about the economy but are socially conservative. What americans call liberals the rest of the world calls social democrats . What americans call conservatives is a mixture of neoliberals & social conservatives.

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