NEO - LIBERALISM Flashcards
Used to describe political thinking in which countries and when
In the late 1900’s towards the US and UK
Neo-liberalism seeks to update what principles
Update classical liberalism within a 20th - 21st century setting
What type of liberalism do Neo-liberalism not like
Modern Liberalism
what were Neo-liberalism’s criticisms of modern liberalism
Betraying individualism, a sell out to conservatism and socialism
Neo-liberalism re-advertised what classical liberal ideas
Negative freedom and Minimal state
What did Neo-liberalism call politicians to do
“Roll back the frontiers of the state”
Neo-liberalism demanded reduction in what
Public spending
What did Neo-liberalism argue public spending could be facilitated by
Privatisation of public services and much less state regulation of the economy which would allow lower rates of taxation
What was Neo-liberalism trying to replace
“Dependency culture”
Who was a Neo-liberal thinker/economist
Friedrich Von Hayek
What did Hayek argue about Neo-liberalism
it was the third strand of liberalism - NOT conservative
What was Hayek’s argument for Neo-liberalism not being conservative
Favoured radical change, not conservative stability, passionate as most liberals in respect to constitutional reforms that checked the government
What did Hayek criticise the beveridge report for
Fostering “state paternalism” and “Dependency Culture”
Neo-liberalism has often been described as
Conservative
Views of neo-liberals are seen more what
More reactionary than progressive
