Introduction to Liberalism (Ch. 3) Flashcards

1
Q

Define:

Classical Liberalism

A

Classical Liberalism is an ideology that embraces the principles of individualism including:
- The rule of law
- Individual rights and freedoms
- Private property
- Economic freedom
- Self-interest
- Competition
- Limited Government – Democracy

Classical Liberals believe humans are rational and that the best economic system is the free market, which operates with limited government intervention.

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2
Q

What was the Renaissance (1450 - 1600)?

A
  • Sparked a belief in the importance of the individual in society
  • Had its roots in the revival of Greek and Roman thinking
  • Thomas Aquinas sought to use the ideas of the Greek philosopher Aristotle to support the teachings of the Christian church through use of logical argument and reason.
  • Late 14th century – humanists emerged in Italy and France
  • Believed in the importance of arts and literature alongside faith
  • Developed an interpretation of history and beliefs about human nature, the structure of society, and the purpose of life based on reason rather than religion
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3
Q

What was the The Protestant Reformation (1500 - 1650)?

A
  • Reflected the belief that reason was as significant as faith for the believers in Christianity.
  • Dramatically altered the political, economic, and social circumstances of Europe through its opposition of the Catholic Church and its hierarchical concentration of religious power and perceived corruption of that power.
  • Faith in the individual believer began to grow
  • Bibles written and printed in the common language
  • Increased contact with non-Christian societies brought about further challenges to traditional thoughts (Age of Exploration)
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4
Q

What was the The Enlightenment (17-18th centuries)?

A
  • The Renaissance and Reformation lead us to the Enlightenment
  • Emergence of new ideas about the role of the individual and the use of reason and logic over faith.
  • The Enlightenment lead us to Classical Liberalism and Modernism
  • There was resistance to the ideas of the enlightenment in the ruling classes because they challenged the foundations of society

These challenges included…
* Economic changes
* Breakdown of feudal economic order
* Increased urbanization
* Expanded overseas trade
* Wealthy middle class
* Eroding wealth of aristocracy
* Demand for greater economic opportunities, less authoritarian rule, and social movements challenging the status quo

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5
Q

Classical Liberalism and Modernism refers to…

A
  • The primacy of individual rights and freedoms, to be exercised in the individual’s self-interest.
  • The belief that humans are reasonable and can make rational decisions that will benefit both themselves and society as a whole.
  • Economic freedom, involving the ownership of private property and free markets – markets with limited government intervention
  • The protection of civil liberties -democracy
  • Constitutional limitations on the government
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6
Q

What sparked revolutions in America and France during the Enlightenment?

A

New liberal thinking from the Enlightenment led to revolutions in America and France, resulting in the establishment of new governments to replace existing monarchies.

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7
Q

What was a significant outcome of the French Revolution?

A

The French Revolution led to the Reign of Terror under Maximilien Robespierre, but the Declaration of the Rights of Man showcased the impact of liberalism on French society.

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8
Q

What did the American Revolution achieve?

A

The American Revolution resulted in America’s independence from Britain and the establishment of the federal government system that the country still uses today.

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9
Q

What were the societal divisions in France before the French Revolution?

A

Society was divided into three classes: First Estate (Clergy), Second Estate (Aristocracy), and Third Estate (Everyone else - 97% of the population).

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10
Q

What happened under Maximilien Robespierre’s leadership during the French Revolution?

A

Under Maximilien Robespierre, the revolution turned into the Reign of Terror, with many rights from the Declaration of the Rights of Man being revoked.

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11
Q

What were the economic conditions in France leading up to the French Revolution?

A

Louis XV’s death left France in debt, exacerbated by Louis XVI and Marie Antoinette’s reign, unfair taxes, corruption, a poor harvest in 1788, and additional debt from funding the American War of Independence.

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12
Q

What were the key events leading up to the French Revolution in 1789?

A

Louis XVI’s call to the Estates-General, the Third Estate forming the National Assembly and the Tennis Court Oath, the storming of the Bastille, and the issuance of the Declaration of the Rights of Man.

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13
Q

What factors contributed to the onset of the Industrial Revolution in Great Britain?

A

Great Britain’s transformation was driven by its status as an island nation, a political climate favoring Constitutional Monarchy, Enlightenment ideas, and access to coal.

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14
Q

What were the outcomes of the Industrial Revolution?

A

The Industrial Revolution led to a new understanding of human potential, government support for business, the factory system, mass production, capitalism expansion, and the modern world’s shaping.

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15
Q

How did liberalism evolve due to the Industrial Revolution?

A

Opposition arising from classical liberalism’s unintended consequences forced liberalism to evolve.

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16
Q

What were the positives of the industrial revolution?

A
  • Modern era
  • New economic class
  • Innovation and invention
  • Everything we have today has its roots in the Industrial Revolution
17
Q

What were the negatives of the industrial revolution?

A
  • Working conditions were often horrible
  • Long hours, no days off
  • No workers rights, very unstable jobs
  • Involved child labour
  • No health or maternity benefits
  • Becomes a crime to be poor
  • Reduced life expectance
  • Mass urbanization - Slums
  • Environmental damage
18
Q

What is a Laissez-Faire system?

A
  • Laissez-faire (to leave alone) refers to the reduction of government involvement in the economy (essentially a free market)
  • It believes that individual actions were deemed more productive than government actions
  • Came out of the theories of the Physiocrats, a group of enlightenment philosophers in France who critiqued the prevailing economics of mercantilism
  • Aim of economics pursuits should be to strengthen the power and wealth of state
  • Raw materials from colonies – manufactured in mother country – sell back finished goods to colonies