10 Questions
What is the primary goal of neo-liberalism?
To restore laissez-faire individualism and individual liberty
Which two economists are associated with the development of neo-liberalism?
Milton Friedman and Robert Nozick
What is the core criticism of the welfare state by neo-liberalists?
It involves the forced transfer of resources from the more competent to the less competent
What is the relationship between neo-liberalism and classical liberalism?
Neo-liberalism is a modern version of classical liberalism
What is the primary objective of neo-liberalism in the economic sphere?
To liberate economic activity from all restrictions
What is the underlying assumption of neo-liberalism about individual liberty?
Individual liberty is threatened by the welfare state
What is the key distinction between neo-liberalism and Keynesian economics?
Neo-liberalism emphasizes individual freedom, while Keynesian economics emphasizes state intervention
What is the central idea of laissez-faire individualism?
Individuals should be free to pursue their own economic interests
What is the relationship between neo-liberalism and the concept of the welfare state?
Neo-liberalism is a critique of the welfare state
What is the primary goal of neo-liberalism in the social and political sphere?
To liberate individual activity from all restrictions
Learn about John Locke's influential ideas on classical liberalism, including the role of government in protecting natural rights and the importance of a system of justice defined by law. Test your understanding of Locke's philosophy and its impact on political thought.
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