Liberalism key terms 2: Differing views & tensions Flashcards
1
Q
EGOISTICAL INDIVIDUALISM
A
Individual freedom = self-interest & self-reliance (atomism)
1
Q
DEVELOPMENTAL INDIVIDUALISM
A
Individual freedom = human flourishing
2
Q
NEGATIVE FREEDOM
A
Absence of external constraints in society and no interference in the private sphere
3
Q
POSITIVE FREEDOM
A
Freedom = personal fulfilment & realisation of potential
4
Q
LAISSEZ-FAIRE CAPITALISM
A
An economic system organised by the market
>goods produced for exchange and profit
>wealth = privately owned
5
Q
KEYNESIANISM
A
An economic system that requires gov. involvement to stimulate economy to achieve
>full employment
>price stability