Classical Liberalism

First, Canada’s departure from the four pillars of the KWS during the neoliberal globalization era, through privatization of former crown (or state-owned) corporations, demonstrated a commitment of the neoliberal globalization era to classical liberalism and the KWS era to reform liberalism. One state-minimizing initiative the government of Canada engaged in during the time of the neoliberal globalization era was privatization and deregulation of former crown corporations. For example, under leadership of the Tories (The Conservative Party) and Prime Minister Brian Mulroney (1984-1993), the Canadian government privatized former Crown corporations like Air Canada, Teleglobe, and Petro-Canada as a shift from their “historic policy of state development
While one pillar of KWS and reform liberal principles also support the free market system, like classical liberal and neoliberal principles, the privatization of former Crown corporations under Canadian neoliberal globalization does not follow the KWS and reform liberal principle of government regulations (McBride & Shields 128). That is, KWS and reform liberal principles permit a free market system under government regulations to ensure companies produce safe products for consumers, safe workplaces for workers, and reduce environmental damage (Mintz, Croci & Close
In other words, society may not benefit positively from a free market and limited government. Similarly, in Terrence Ball, Richard Dagger and Daniel O’Neill’s book Political Ideologies and the Democratic Ideal, state that some critics of free trade argue that globalization, free trade, and limited government “reduces or compromises national sovereignty by making national laws subject to international agreements […,] undermine worker safety […,] and endangers the natural environment” (Ball, et al. 325-326). For example, President Trump currently opposes further trade with Mexico under current NAFTA agreements; in other words, he is focusing on growing the United States national economy, while continuing free trade with Canada (The Globe and Mail). This is a push for more national sovereignty or control of national markets, trade, and laws in this era of globalization. Thus, while limited government in the free market is supported by both reform and classical liberals (of neoliberal globalization) and the four pillars of the KWS, privatization and deregulation still deviate from the principles of reform liberalism and the KWS – which still advocate government regulations to protect consumers, workers and the