Principals of liberalism

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1. PRINCIPALS OF LIBERALISM <br />Kendra Horvath<br />Humanities 30<br />December 1, 2009<br /> 2. Milton Friedman<br />Adam Smith<br…
  • 1. PRINCIPALS OF LIBERALISM <br />Kendra Horvath<br />Humanities 30<br />December 1, 2009<br />
  • 2. Milton Friedman<br />Adam Smith<br /><ul><li>He believed that the essence of human freedom as of a free private market, is freedom of people to make their own decisions so long as they don’t prevent anybody from doing the same thing
  • 3. He also believed that a free private market is method for enabling a complex structure of cooperation unintentionally caused by Adam Smith’s invisible hand theory
  • 4. “The important point is that we in our private lives and they (the government) in their governmental lives are all moved by the same incentive: to promote our own self interest.” – Milton Friedman
  • 5. Believed in a free market and limited government control
  • 6. Believed in the invisible hand theory. (The Invisible Handtheory was when people would be helping others while pursuing their own goals, they didn’t know this was happening hence the invisible hand)
  • 7. Believed in individualism and the pursuing of ones own goals
  • 8. Thought that the pursuit of ones goals would benefit society as a whole.
  • 9. Rule of law .
  • 10. Competition and private property</li></li></ul><li>Jeremy Bentham<br />Pierre Trudeau<br /><ul><li> Campaigned on a platform of creating a just society for all Canadians
  • 11. A firm believer in federalism, Trudeau wanted a society which emphasized a sense of group cohesiveness and belonging in Canada
  • 12. An example was the White Paper, which was a proposal to abolish treaties, the Department of Indian Affairs, and everything else that had kept the First Nations and Inuit people distinct form the rest of the people of Canada
  • 13. He was a Utilitarianist
  • 14. Independence of government
  • 15. He believed that majority rules and he wanted “the greatest happiness, for the greatest number”
  • 16. Rights and freedoms
  • 17. He was a collectivist in the sense that he wanted the majority to be happy</li>
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