CULT 320 Lecture : Liberalism.docx

• School: George Mason University
• Department: Cultural Studies
• Course: CULT 320
• Professor: Ariella Horwitz

Document Summary

The theory of neoliberalism and the other is its practice. Liberal theory goes back a very long way, of course, to the 18th century: john locke, adam. And the leading figures in that are milton friedman in this country and friedrich hayek in austria. In 1947 they formed a society to promote neoliberal values called the mont pelerin society. They took the view that state interventions and state domination were something to be feared. And they weren"t only talking about fascism and communism, but they were also talking about the strong welfare state constructions that were then emerging in. Europe in the postwar period and also talking about any kind of government intervention into how the market was working. The stresses within the us economy, where the us was trying to fight a war in vietnam and resolve social problems at home.