Liberalism - Differing views and tensions within Liberalism 2.2 Flashcards
1
Q
what is classical liberalism associated with
A
industrial revolution in the 18th and 19th Century
2
Q
what do classical liberals believe about freedom
A
- prized over all values
- best achieved with limited state intervention
3
Q
when was neo-liberalism created
A
late 20th Century ( Ronald Reagan / Margaret Thatcher )
4
Q
how was modern Liberalism created
A
- 20th Century
- reaction from free-market capitalism
5
Q
what was the purpose of modern liberalism
A
- not abolish free market capitalism
- replace private ownership with state controlled economy
