Classical Liberalism
The first source is an excerpt taken from Freedom and the Welfare State. The views in the excerpt are supportive of left wing ideologies such as the welfare state, and are in favour of social programs. However, the source is not a complete rejection of liberalism since it maintains right wing ideologies such as capitalism and self interest. The source suggests that in order for society to thrive we must allow individuals to pursue their interest by granting government intervention in society to create a social security net,which would then, in turn, allow individuals to pursue their interests and “receive just rewards for their talents” . The excerpt argues that without a social security net individuals will not be able to take risks as they will be “beset by fear and insecurity”, something which takes away from individual freedoms.
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The speaker in the second source takes a decisively mocking tone against socialist views stating that believers of the ideology “assume that production occurs by magic, automatically.” The perspective in the source strongly coincides with views of Classical liberalism as it disapproves of government intervention in economy and condemns ‘the Left’ for “[taking] from the Haves and distributing it to the Have-nots” by “taxing producers” and “subsidizing consumers”.
The source states that by doing so the rich are demotivated and the poor are left dependable. It would be reasonable to assume that the speaker is someone who would support the Right given their criticisms of its polar counterpart and obvious support of capitalism which can be extracted from their openings statement, “human labour[...]is the only way to produce[...]the amenities”. Their view is that people should work for what they want rather than to have it distributed to them. The speaker believes that collectivist ideologies disable individuals from providing for themselves and therefore guarantee an end result of “domestic poverty” and “spreads hunger across the
globe”.
The third, and final, source is a political cartoon depicting two rich, upperclass men sitting in a lavish room reading the news about the recent economic boom. The news states that the boom has benefited everyone, however, the men are critical of it, questioning that if the economic boom benefits everyone, what good is it? The men’s view in the cartoon is inherently capitalistic and individualistic since the men cannot see the value of the boom if everyone, including the poor, benefit. Capitalism is a concept where if one person gains the other must lose, it is innately competitive. Based on this concept the men fail to see a gain in the boom and are left to question it. Through this cartoon, the author attempts to shed light on the selfish ideology of the Right and ridicules capitalists.
The three sources question the extent of government involvement which should be allowed in economic dealings to benefit every individual. Source one and three are in favour of a socialist ideology, with source one favouring a Keynesian approach in regards to the economy. However, source two favours an approach closely aligned with Classical liberalism, where there is little to no government involvement and individuals are free to pursue their self interest, an ideology which is mocked in source three which shows how self centered and selfish that capitalistic approach would be. The sources also explore the freedom of the individual in all three sources. Source one states that by providing social programs the freedoms of an individual are enhanced since they do not have to live under the fear losing basic amenities, something which can also be seen through the headline in source three where even the poor benefit. However source two would argue that an individual's freedoms are infringed upon by allowing the government to take from their wealth and sharing it with the poor, something which source three also depicts through the rich men.
The speaker in the second source takes a decisively mocking tone against socialist views stating that believers of the ideology “assume that production occurs by magic, automatically.” The perspective in the source strongly coincides with views of Classical liberalism as it disapproves of government intervention in economy and condemns ‘the Left’ for “[taking] from the Haves and distributing it to the Have-nots” by “taxing producers” and “subsidizing consumers”.
The source states that by doing so the rich are demotivated and the poor are left dependable. It would be reasonable to assume that the speaker is someone who would support the Right given their criticisms of its polar counterpart and obvious support of capitalism which can be extracted from their openings statement, “human labour[...]is the only way to produce[...]the amenities”. Their view is that people should work for what they want rather than to have it distributed to them. The speaker believes that collectivist ideologies disable individuals from providing for themselves and therefore guarantee an end result of “domestic poverty” and “spreads hunger across the
globe”.
The third, and final, source is a political cartoon depicting two rich, upperclass men sitting in a lavish room reading the news about the recent economic boom. The news states that the boom has benefited everyone, however, the men are critical of it, questioning that if the economic boom benefits everyone, what good is it? The men’s view in the cartoon is inherently capitalistic and individualistic since the men cannot see the value of the boom if everyone, including the poor, benefit. Capitalism is a concept where if one person gains the other must lose, it is innately competitive. Based on this concept the men fail to see a gain in the boom and are left to question it. Through this cartoon, the author attempts to shed light on the selfish ideology of the Right and ridicules capitalists.
The three sources question the extent of government involvement which should be allowed in economic dealings to benefit every individual. Source one and three are in favour of a socialist ideology, with source one favouring a Keynesian approach in regards to the economy. However, source two favours an approach closely aligned with Classical liberalism, where there is little to no government involvement and individuals are free to pursue their self interest, an ideology which is mocked in source three which shows how self centered and selfish that capitalistic approach would be. The sources also explore the freedom of the individual in all three sources. Source one states that by providing social programs the freedoms of an individual are enhanced since they do not have to live under the fear losing basic amenities, something which can also be seen through the headline in source three where even the poor benefit. However source two would argue that an individual's freedoms are infringed upon by allowing the government to take from their wealth and sharing it with the poor, something which source three also depicts through the rich men.