results of liberalism economics Flashcards

1
Q

why were people wanting to drift away from classical liberal ideas

A

because there was inequality and disparity the rich kept getting richer and poor kept getting poorer

  • many workers were exploted because with classical liberealism the factory owners can choose how much they want to pay the workers so they pay them the lowest amount possible
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2
Q

who were the luddities led by

A

ned ledd ( old textile worker)

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3
Q

what did the luddities believe in

A

were workers that were mad about the loss of jobs because machines took over so less peolpe had jobs then they went and they destroyed machines

eventually the law said it was okay to execute people if they destroy more machines

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4
Q

who were the chartists

A

they were the working class and they wanted the 6 things

  • universal suffrage all men 21+
  • equal sised electoral districs
  • voting by secret ballots
  • end property qualifacations for parlamonet
  • pay for members in parliment
  • annuel elections
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5
Q

did the british goverment agree to the chartists ideas

A

yes because they were scared there would be another rench revolution

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6
Q

what is socialism

A
  • resourses that should be controlled by goverment
  • supports economic equality
  • guarented employment and living standards
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7
Q

what is utopian socialism

A
  • the idea that you can create society thats perfect and its based on values of socialism
    -movment led by robert owen
    -robert fought for the injustices of workers gave them education, lowered factory hours etc
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8
Q

what was marxism

A

-it was on the far left and was communism although it stared of socialist
- need saficiant wages
-believed in the ideas of class welfare between workers/owners

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9
Q

what did marx communist manifesto believe in

A
  • private property should be abolished
  • a centralized goverment means of production of land labor and capital
  • would led to a modren day central gov
  • not worrying about effienc using machines if it means people dont have jobs
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10
Q

what order did marx believe communism would happen

A
  • capitalism from fedualsim
  • violent conflicts between bourgouse and prolitatiats
  • prolitariates win
  • proleteriates make dictatorship
  • economic equality is estalished
  • goverments importance weathers away
  • ppl work the same way as they would under a dictatorship naturally
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11
Q

what is classical conservatism

A

-its wanting to go to the past before the machines and didnt accept the values of classical liberalsim

  • uniformed ppl or uneducated shouldnt have say in the goverment or be able to be in parliment and should only be for educated people
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12
Q

who was classical conservatism led by

A

edmund burke

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13
Q

what will radicals and liberal do to achinve change

A

radicals - want change and want it immidietly and will use violence and can be communsim

liberals- want change will do it non-violently

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