While neoclassical liberalism tends to recognize that society and the individual are benefited by a smaller federal government and less government intrusion on the individual, it usually favors economic competition within society as a whole. Neoclassical liberals generally believe that economic competition and overall economic stability will enhance the standard of living of all individuals. Under this ideology, one could assume that by increasing the standard of living of all individuals, society as a whole has benefited thus ensuring that this ideology does not neglect the authority of the state in general. However, one could also argue that neoclassical liberalism dismisses the authority of the federal government in some ways by attempting to minimize it as much as possible. Edmund Burke would certainly argue that neoclassical liberalism does not focus enough on the social unity needed to facilitate a thriving society. He would also argue that this ideology dismisses the nature of humans to be "self-interested and short-sighted, which is precisely why they need the power of government to restrain them and keep their passions in check." Edmund Burke would find many flaws with neoclassical
While neoclassical liberalism tends to recognize that society and the individual are benefited by a smaller federal government and less government intrusion on the individual, it usually favors economic competition within society as a whole. Neoclassical liberals generally believe that economic competition and overall economic stability will enhance the standard of living of all individuals. Under this ideology, one could assume that by increasing the standard of living of all individuals, society as a whole has benefited thus ensuring that this ideology does not neglect the authority of the state in general. However, one could also argue that neoclassical liberalism dismisses the authority of the federal government in some ways by attempting to minimize it as much as possible. Edmund Burke would certainly argue that neoclassical liberalism does not focus enough on the social unity needed to facilitate a thriving society. He would also argue that this ideology dismisses the nature of humans to be "self-interested and short-sighted, which is precisely why they need the power of government to restrain them and keep their passions in check." Edmund Burke would find many flaws with neoclassical