HIST 121 Lecture Notes - Lecture 10: John Maynard Keynes, Iron Curtain, Conservative Liberalism
Document Summary
Poliics and social theory based on john locke and ross. Everyone is a liberal in some way: conservaive liberal, etc. Result of the free market was the great depression. Western europe- government intervenion was a part of the recovery process: unemployment programs, work programs. The old style of liberalist individualism was in its way out. Some people in canada and usa admired going russia"s communism and. People believed that liberalism could not promote a common idea, couldn"t promise a bright future. By 1946 the ideological split was complete between the western world and. An iron curtain had descended on europe, dividing east and west: west was liberalist, east was communist. Communism was seen by the west as a looming threat. The state and the economy: john maynard keynes (1883-1946) The irst response was the idea for a new type of liberalism: the state needs t be involved with the economy.