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Irving Kristol states that neocons are more relaxed about budget deficits and tend to reject the Hayekian notion that the growth of government influence on society and public welfare is "the road to serfdom". [100] Indeed, to safeguard democracy, government intervention and budget deficits may sometimes be necessary, Kristol argues.
Major examples include Theodore Roosevelt's Square Deal and New Nationalism, Woodrow Wilson's New Freedom, Franklin D. Roosevelt's New Deal, Harry S. Truman's Fair Deal, John F. Kennedy's New Frontier and Lyndon B. Johnson's Great Society. In the first half of the 20th century, both major American parties had a conservative and a liberal wing.
Term Description Examples Autocracy: Autocracy is a system of government in which supreme power (social and political) is concentrated in the hands of one person or polity, whose decisions are subject to neither external legal restraints nor regularized mechanisms of popular control (except perhaps for the implicit threat of a coup d'état or mass insurrection).
Thomas Hobbes (England, 1588–1679) theorized that government is the result of individual actions and human traits, and that it was motivated primarily by "interest", a term which would become crucial in the development of a liberal theory of government and political economy, since it is the foundation of the idea that individuals can be self ...
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."
The diversity of liberalism can be gleaned from the numerous qualifiers that liberal thinkers and movements have attached to the term "liberalism", including classical, egalitarian, economic, social, the welfare state, ethical, humanist, deontological, perfectionist, democratic, and institutional, to name a few. [64]
[40] 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]
This new form of liberalism was known by a variety of names across the world, including Sozial-Liberalismus in German, New Liberalism in Britain, solidarisme in France, regeneracionismo in Spain, the Giolittian Era in Italy and the Progressive Movement in the United States. [76] Liberalism gained momentum in the beginning of the 20th century.