modern liberalism Flashcards

1
Q

economy of modern liberals

A

free market capitalism

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2
Q

structural limits to free market

A

poverty, unemployment, lack of education and may lead to inefficient allocation of resources in the market

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3
Q

example of modern liberalism

A

New liberalism in the early 20th cnetury

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4
Q

enabling state (modern)

A

a larger state that provides individuals with resources needed to succeed

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5
Q

why do modern liberals support an enabling statet

A

supports individuals rather than forces them to become succesful

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6
Q

which freedom do modern liberals believe in

A

positive freedom

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