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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."
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 state-directed economy is a system where either the state or worker cooperatives own the means of production, but economic activity is directed to some degree by a government agency or planning ministry through mechanisms such as indicative planning or dirigisme. This differs from a centralized planned economy, or a command economy, in that ...
He is best known for his book Anarchy, State, and Utopia (1974), a libertarian answer to John Rawls' A Theory of Justice (1971), in which Nozick proposes his minimal state as the only justifiable form of government. His later work Philosophical Explanations (1981
Karl Marx and the Close of His System is a book published in 1896 by the Austrian economist Eugen von Bohm-Bawerk, which represented one of the earliest detailed critiques of Marxism. Criticism of Marxism (also known as Anti-Marxism) has come from various political ideologies, campaigns and academic disciplines.
Two Treatises of Government (full title: Two Treatises of Government: In the Former, The False Principles, and Foundation of Sir Robert Filmer, and His Followers, Are Detected and Overthrown. The Latter Is an Essay Concerning The True Original, Extent, and End of Civil Government ) is a work of political philosophy published anonymously in 1689 ...
In Europe, liberalism usually means what is sometimes called classical liberalism, a commitment to limited government, laissez-faire economics. This classical liberalism sometimes more closely corresponds to the American definition of libertarianism, although some distinguish between classical liberalism and libertarianism. [41]
In the late 19th century, classical liberalism developed into neo-classical liberalism which argued for government to be as small as possible to allow the exercise of individual freedom. In its most extreme form, neo-classical liberalism advocated social Darwinism. [211] Right-libertarianism has been influenced by these schools of liberalism.