DVM 2105 Lecture Notes - Lecture 9: Liberal Democracy, Economic Liberalism, Classical Liberalism
20 Aug 2016
School
Course
Professor
DVM2105
October 22nd 2015
Liberalism
-the hallmark of liberalism:
-defining the just link between the ruled and the ruler
-freedom and justice
-advocate for freedom of others, is tolerant of others and open to others
-values equality of citizens
-beginning of 19th century, liberalism becomes the main discourse of life
-when it became a political system or ideology, it turned into different variations
-varieties of liberalism:
-political liberalism; liberal democracy (Hobbes, Locke)
-economic liberalism; capitalism (Adam Smith)
-classical liberalism
-social liberalism
-neoliberalism
-normative liberalism; liberal ethics (Kant, Mill)
-liberalism is a belief in:
-individual basic freedom and fundamental rights
-individualism
-competitiveness and self interest in the natural condition
-human beings are inherently rational and logical
-human beings are simultaneously collaborative beings since they know results in a better
comparative advantage
-the self governance and self control capacity (coming out of the Protestant reformation)
-a commitment to the wellbeing and freedom of others as well
-philosophy of life dedicated to the freedom and empowerment of others
-is an “other regard” philosophy
-enthusiasm for a peaceful life
-economic liberalism is a belief in:
-human wellbeing is advanced through maximization of entrepreneurial freedoms within
social and economic institutions
-this must be completed with individual property rights (what people acquire must be
respected by others)
-unencumbered markets
-free trade
-the role of the state to create institutional framework for economic freedom
-to protect citizens
-principle of nonintervention otherwise
-job of the
-this is the best model of development
-four stages of neoliberalism
-stage one: 19th century
-stage two: neoliberalism of post WWII
-stage three: emergence of neoliberal/neoconservatism
-stage four: neoliberal institutionalism
-stage one: neoclassical liberalism/business neoliberalism
-follows the intellectual justification of social Darwinism and survival of the fittest
-market must be managed by the fittest, smartest, hardest working
-people who are not the fittest must be managed by those who are
! of !1 4
find more resources at oneclass.com
find more resources at oneclass.com
Document Summary
De ning the just link between the ruled and the ruler. Advocate for freedom of others, is tolerant of others and open to others. Beginning of 19th century, liberalism becomes the main discourse of life. When it became a political system or ideology, it turned into different variations. Competitiveness and self interest in the natural condition. Human beings are inherently rational and logical. Human beings are simultaneously collaborative beings since they know results in a better comparative advantage. The self governance and self control capacity (coming out of the protestant reformation) A commitment to the wellbeing and freedom of others as well. Philosophy of life dedicated to the freedom and empowerment of others. Human wellbeing is advanced through maximization of entrepreneurial freedoms within social and economic institutions. This must be completed with individual property rights (what people acquire must be respected by others) The role of the state to create institutional framework for economic freedom.
