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Why Liberalism Failed is a critique of political, social, and economic liberalism as practiced by both American Democrats and Republicans.According to Deneen, "we should rightly wonder whether America is not in the early days of its eternal life but rather approaching the end of the natural cycle of corruption and decay that limits the lifespan of all human creations."
Milton Friedman described Rand as "an utterly intolerant and dogmatic person who did a great deal of good". [14] One Rand biographer quoted Murray Rothbard as saying that he was "in agreement basically with all [Rand's] philosophy" and that it was Rand who had "convinced him of the theory of natural rights ". [ 15 ]
Criticism of libertarianism includes ethical, economic, environmental and pragmatic concerns. With right-libertarianism, critics have argued that laissez-faire capitalism does not necessarily produce the best or most efficient outcome, and that libertarianism's philosophy of individualism and policies of deregulation fail to prevent the abuse of natural resources. [1]
A night-watchman state, also referred to as a minimal state or minarchy, whose proponents are known as minarchists, is a model of a state that is limited and minimal, whose functions depend on libertarian theory.
[210] [211] This synthesis sees liberalism as the political theory that takes the inner freedom of the human spirit as a given and adopts liberty as the goal, means and rule of shared human life. Socialism is seen as the method to realize this recognition of liberty through political and economic autonomy and emancipation from the grip of ...
In the context of American politics, "classical liberalism" may be described as "fiscally conservative" and "socially liberal". [55] Despite this, classical liberals tend to reject the right 's higher tolerance for economic protectionism and the left's inclination for collective group rights due to classical liberalism's central principle of ...
Libertarian socialism strives for a free and equal society, [1] aiming to transform work and everyday life. [2] Broadly defined, libertarian socialism encapsulates any political ideology that favours workers' control of the means of production and the replacement of capitalism with a system of cooperative economics, [3] [4] or common ownership. [5]
When George H. W. Bush employed the word liberal as a derogatory epithet during his 1988 presidential campaign, [255] he described himself as a patriot and described his liberal opponents as unpatriotic. Bush referred to liberalism as "the L-word" and sought to demonize opposing presidential candidate Michael Dukakis by labeling Dukakis "the ...