A hypothetical agreement amongst individuals through which they form a state in order to escape from the disorder and chaos of a state of nature.
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Classical or Economic Liberalism
A form of liberalism that emphasizes that the state's role should be limited to ensure internal and external security and to ensure that private property rights are enforced.
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Positive Freedom
A theory which holds that liberty requires the ability to live under certain conditions
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Free Market
The principle or policy that unrestricted self-regulating economic competition, with an absence of government interference, will naturally deliver efficiency and general prosperity to all.
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Constitutionalism
The practice of limited government brought about by a set of political values and aspirations that reflect the desire to protect liberty through the establishment of internal and external checks on government power.
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Minimal State
A state that only maintains domestic order, enforces legal agreements and protects against external attack, leaving other matters in the hands of the individual.
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Liberal Democracy
A form of indirect and representative democracy which combines the individualist goal of limited government and personal freedom with the collectivist commitment to elections and popular participation
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Atomism
A belief that society is made up of a collection of self-interested and largely self-sufficient individuals rather than social groups.
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Rationality
The belief that humans are essentiality logical, thinking creatures able to understand and explain the world, and to find solutions to problems.
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Keynesianism
A theory or policy of economic management associated with regulating aggregate demand by encouraging governments to intervene in the economy to achieve full employment
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Equality of Opportunity
Equality defined in terms of life chances or the existence of a ‘level playing-field’.
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Negative Freedom
The absence of external restrictions or constraints on the individual
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Meritocratic
Literally, rule by those with merit; merit being intelligence plus effort; a society in which social position is determined exclusively by ability and hard work.
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Social or Modern Liberalism
A form of Liberalism which has embraced a commitment to social welfare designed to promote equal opportunities and to help individuals to help themselves.
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Individualism
A belief in the central importance of the human individual as opposed to social groups or collective bodies
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Other cards in this set
Card 2
Front
Classical or Economic Liberalism
Back
A form of liberalism that emphasizes that the state's role should be limited to ensure internal and external security and to ensure that private property rights are enforced.
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