Search results
Results from the WOW.Com Content Network
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]
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."
Rand condemned libertarianism as being a greater threat to freedom and capitalism than both modern liberalism and conservatism. [18] Rand regarded Objectivism as an integrated philosophical system. In contrast, libertarianism is a political philosophy which confines its attention to matters of public policy.
Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper. [citation needed]
Economic liberalization, or economic liberalisation, is the lessening of government regulations and restrictions in an economy in exchange for greater participation by private entities. In politics, the doctrine is associated with classical liberalism and neoliberalism .
Liberalism became a distinct movement in the Age of Enlightenment, gaining popularity among Western philosophers and economists. Liberalism sought to replace the norms of hereditary privilege, state religion, absolute monarchy, the divine right of kings and traditional conservatism with representative democracy, rule of law, and equality under ...
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. [41]
The Structure of Liberty: Justice and the Rule of Law. Oxford: Clarendon Press. ISBN 0-19-829324-0. Richard Epstein (2003). Skepticism and Freedom: A Modern Case for Classical Liberalism. Chicago: University of Chicago Press. ISBN 0-226-21304-8. Friedrich Hayek (1981). Law, Legislation and Liberty: The Political Order of a Free People. Chicago ...