Individualism vs Collectivism Flashcards
uniformity and conformity: C or I
C
Membership: C or I
C
Group knows what members do and think: C or I
C
egalitarianism: definition? C or I?
everyone is equal. C
individual effort and potential: C or I
I
Privacy: C or I
I
own responsibility: C or I
I
Material rewards and wealth is not shared: C or I
I
Rule of Law
I
everyone is equal before the law and are subject to the law: no one is above law
Self-interest
I
invisible hand = Adam smith = supply and demand
Competition
I
better quality = lower prices
economic equality
C
= pay for similar jobs
guaranteed annual income: C or I
C
progressive taxation: C or I
C
higher income = higher taxes
labour unions
C
individual interests expressed as GROUP :)
censorship
C
collectivism is foundation of two political ideologies__ / __
communism / socialism
entrepreneurialism
I
Communist Manifesto is C/I?, witten by __ __ and talks about
C, Karl Marx, rise of workers over bourgeoisie
modern liberal democracy
C, I
crown corporation
C
federally/provincially owned corporations that appear independent but are not (ex. CBC )
Galbraith
C
- questioned competitive ideal in industrial organization
- critique wealth gap