DVM2350 Lecture Notes - Lecture 8: Serfdom, Washington Consensus, Classical Liberalism

• School: University of Ottawa
• Department: International Development and Globalization
• Course: DVM2350
• Professor: Tamara Kotar

Document Summary

Is the return to classical liberal ideas of the night watching state, the idea. A person is free thought from, no interference from others, they peruse individual liberties with the least amount of restraints. Lack of restraints on the markets, politically and soically split btw reform liberalism and classical liberalism. Reform liberalism lost sight on the indiv and focused more on the gov we need a role back on the gov. Washington consensus: limit the amount of barriers to trade, make sure the gov is smallest as it could be focus on les-au faire. Free market is better, orthodoxy of the free market. Society will be better when they focus more on the corporations, think like trickledown economics. Margerat thatcher tna there is no alternative. Everyone needs to be able to decide their place on the market, the market is very organized (organic beauty) When you can work off your merit and fortune.