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By the start of the 20th century, a middle class had developed that was weary of both the business elite and the radical political movements of farmers and laborers in the Midwest and West. The progressives argued the need for government regulation of business practices to ensure competition and free enterprise.
The success of liberalism in the first place, he argues, came from efforts of a liberal elite that had entrenched itself in key social, political and especially judicial positions. These elites, Abrams contends, imposed their brand of liberalism from within some of the least democratic and most insulated institutions, especially the ...
The speech marks the beginning of McCarthy's anti-communist pursuits. [40] 1951. Political philosopher Francis Wilson in The Case for Conservatism (1951) defines conservatism as "a philosophy of social evolution, in which certain lasting values are defended within the framework of the tension of political conflict. And when given values are at ...
A call to arms to the business community to counter criticism of the free enterprise system, it was a significant factor in the rise of conservative and libertarian organizations and think-tanks which advocated for neoliberal policies, such as the Business Roundtable, The Heritage Foundation, the Cato Institute, Citizens for a Sound Economy ...
Capital: Critique of Political Economy, by Karl Marx, is a critical analysis of political economy, meant to reveal the economic laws of the capitalist mode of production. Karl Marx saw capitalism as a historical stage, once progressive but which would eventually stagnate due to internal contradictions and would eventually be followed by socialism.
Democrats passed huge spending bills using COVID-19 as cover to dump trillions of dollars into climate change policies designed to wipe out fossil fuel use, even as alternatives are not really ready.
Classical liberalism is a political tradition and a branch of liberalism that advocates free market and laissez-faire economics and civil liberties under the rule of law, with special emphasis on individual autonomy, limited government, economic freedom, political freedom and freedom of speech. [1]
As subsequent authors picked up and promoted widespread appeal of a subset of Smith's economic theories to support their own work—of free trade, the division of labour, and the principle of individual initiative—this contributed to obscuring other aspects of the rich body of political liberalism to be found in Smith's work. For example, his ...