New Right Flashcards
What 2 strands make up the New Right?
Neo-liberalism
Neo-conservatism
What are neo-liberals summed up?
modernised version of classical liberalism
based on free market economy, minimal state and individual freedoms
What are neo-conservatives summed up?
updated form fo traditional conservative social thinking
based on commitment to order, traditional values and public morality
In what ways can New Right be seemingly radical (e.g. liberal)?
determination to abandon government interventionism in economic and social affairs
attack ‘permissive’ social attitudes (people should make their own moral choices)
In what ways can the New Right be seen as reactionary (opposing political discourse e.g. right wing)?
often appearing wanting to turn clock back to 1800s which they regard as mythical age of economical liberty and moral responsibility
How did New Right thinking emerge? And When?
as a rival to one-nation conservatism
1970s
What are the main componetns of neo liberalism?
- minimal state
- self-reliant individuals capable of making rational decisions in own interests
- rejection of collectivism
- elimination of government intervention
Why do neoliberals support free market?
- meet consumer demands
- maximise use of resources
- achieve greatest overall prosperity
What do neoliberals perceive as 3 main threats to the free market?
Monopolies
Inflation
Government intervention
How do neoliberals criticise Keynesian policies?
create inflation by encouraging governments to print too much money or provide too much credit
What policies did Thatcher pursue in the 1980s? How were they justified?
‘Supply-side policies’
justified: saying it would address the problem of mounting employment
Why do neoliberals oppose increases in social welfare? What do they propose instead?
they distort the market rather than alleviate economic problems
an extensive privatisation policy in 1980s
e.g. transferred state-owned industries to the private sector
What are the consequences of neoliberal support for atomistic individualism and negative freedom?
criticise state welfare for:
- creating a dependency culture
- infringing property rights by imposing high taxes on individuals to fund benefits payments
On what issue does neoconservatism agree with neoliberalism?
the necessity of reducing the state’s role in the economy
How far does neo-conservatism agree with one-nation conservatives on its view of authority?
it is much more authoritarian than one-nation conservatism