Ideologies and vocab Flashcards
Define Ideology
a system of ideas and ideals, especially one which forms the basis of economic or political theory and policy.
- collection of normative beliefs and values of a group
Questions for ideologies
- What are humans like, why do they act the way they do?
- How should society be organized?
- How has the world worked in the past?
- How should it work in the future?
Right Side
- Economic Freedom
- free markets
- laissez faire capitalism
Left Side
- Economic Control
- More gov. on economy
Authoritarian
- Supports dictatorship as system of gov
- State has complete control
Libertarian
- Complete freedom of individuals
- Best gov is small gov, no control
- can be conservative and libertarian
Capitalism
trade and industry controlled by individuals
Anarchism
Belief in abolition of gov
Mercantilism
Economic system where private enterprises work under intervention and supervision of gov
Laissez-Faire Capitalism
Natural economic lass regulated production and distribution
- Individuals work for their own self-interest,no gov
Socialism
Resources should be controlled bu public (gov) for the benefit of everyone
Social Darwinism
Gov should not meddle in lives or economic system
- competition considered best method of only the fittest would survive
Change Spectrum ranges from
Radical - Liberal - Moderate - Conservative - Reactionary
Radical Change
Wants change quickly
- potentially cause violence
Liberal
Wants change but best way for change is thru a process
Moderate
Some beliefs are liberal, some conservative, allow change if necessary
Conservative
- resists change
- keeps status quo
Reactionary
- resists change
- wants change to go back to more conservative times
Communism
property is publicly owned and each person works and is paid according to their abilities and needs
Classical Conservatism
Supported traditional views and values
Democratic Socialism
Economy and society should be run democratically to meet public needs
- social ownership of means of production w/ self and democratic management
utilitarianism
Focuses on results of actions, makes choices based on common good
- foundation of morals
