Liberalism Keywords Flashcards
What is Classical Liberalism?
A political ideology that favours the protection of individual liberty and economic freedom by limiting government power – began in the 17th century.
What does Economy refer to?
The way in which goods and services are made, sold, and used in a country or area.
What is the role of the Enabling State?
The role of the state is to enable people to be free due to equality of opportunity.
What is Egotistical Individualism?
The idea that individual freedom is associated with self-interest and self-reliance.
What is Equality of opportunity?
Individuals are provided with an equal chance in life regardless of social class, ethnicity, age, gender, sexuality or religion.
What does Formal equality mean?
The idea that all individuals have the same legal and political rights in society.
What is Foundational equality?
The view that we are all born with equal entitlement i.e. there are alienable rights of man – and these cannot be taken away.
Who is Friedan?
A key 20th century liberal feminist.
What is the Harm Principle?
The idea that the actions of individuals should only be limited to prevent harm to other individuals.
What is Human Nature?
The natural qualities and ways of behaviour that most people have.
What is Ideology?
A set of opinions or beliefs of a group or an individual.
What is Keynesianism?
Liberal economic theory that states governments are able to influence the economy without impacting of peoples’ freedoms.
Who is Locke?
The foundational thinker of Liberalism. Had a positive view of human nature. His ideas were developed in the 17th century.
What is Laissez-faire capitalism?
An economic system, organised by the market, where goods are produced for exchange and profit, and wealth is privately owned.
What does Limited Government mean?
The idea that state institutions should be as restricted by a constitution.
