Liberalism key terms 2: Differing views & tensions Flashcards

1
Q

EGOISTICAL INDIVIDUALISM

A

Individual freedom = self-interest & self-reliance (atomism)

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1
Q

DEVELOPMENTAL INDIVIDUALISM

A

Individual freedom = human flourishing

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2
Q

NEGATIVE FREEDOM

A

Absence of external constraints in society and no interference in the private sphere

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3
Q

POSITIVE FREEDOM

A

Freedom = personal fulfilment & realisation of potential

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4
Q

LAISSEZ-FAIRE CAPITALISM

A

An economic system organised by the market
>goods produced for exchange and profit
>wealth = privately owned

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5
Q

KEYNESIANISM

A

An economic system that requires gov. involvement to stimulate economy to achieve
>full employment
>price stability

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