POL336Y5 Lecture Notes - Lecture 12: Capitalism, Liberal Democracy, Aggregate Demand

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Pol336 lecture 12: ontario in era of welfare state. The arrival of welfare state: western societies: wwii (1939-1945) ushered in era of welfare state liberalism a. k. a. Keynesian welfare state: welfare state liberalism: most in uential ideology in western societies (canada) after wwii, dominant public policy paradigm from wwii to canada + other capitalist countries embraced welfare state liberalism: keynesianism . Relationship between ideologies & paradigms: dominant ideologies either say paradigm is ok / not ok: small l : refers to ideology of liberalism, transcending party boundaries (*huge emphasis. In course*: big l : refers to liberal party. Can be liberal, but not supporter of liberal party supporter at same time, and as well there are many small l liberals in all parties (note: many welfare state liberals in post-war tory dynasty in ontario) Discusses that when economies go downhill, govt. spending on programs automatically goes well, thereby injecting consumer demand into economies. Social programs: regarded as matter of rights.

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