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Unregulated Capitalism
Economic liberalism is a List of political ideologies, political and economic ideology that supports a market economy based on individualism and private property in the means of production. Adam Smith is considered one of the primary initial writers on economic liberalism, and his writing is generally regarded as representing the economic expression of 19th-century liberalism up until the Great Depression and rise of Keynesianism in the 20th century. Historically, economic liberalism arose in response to feudalism and mercantilism. Economic liberalism is associated with markets and private ownership of capital assets. Economic liberals tend to oppose government intervention and protectionism in the market economy when it inhibits free trade and Competition (economics), competition, but tend to support government intervention where it protects Property rights (economics), property rights, opens new markets or funds market growth, and resolves market failures. An economy that is m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Political Ideologies
In social studies, a political ideology is a certain set of Ethics, ethical Ideal (ethics), ideals, principles, doctrines, myths or symbols of a social movement, institution, Social class, class or Social group, large group that explains how society should work and offers some political and cultural blueprint for a certain social order. A political ideology largely concerns itself with how to allocate Power (sociology), power and to what ends it should be used. Some Political party, political parties follow a certain ideology very closely while others may take broad inspiration from a group of related ideologies without specifically embracing any one of them. An ideology's popularity is partly due to the influence of moral entrepreneurs, who sometimes act in their interests. Political ideologies have two dimensions: (1) goals: how society should be organized; and (2) methods: the most appropriate way to achieve this goal. An ideology is a collection of ideas. Typically, each id ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
