Generally speaking, a modest increase to the minimum wage will increase household spending and thus stimulate the economy. However, this can be offset by job loss or hour reduction, inflation, and other factors.
<p>Liberalism is a political philosophy based on the ideas of liberty, equality, consent, and human rights. If you don’t want the King or Church taking your life, liberty, and property, you might be a liberal. There are a number of different forms of liberalism which each denote differing ideologies.</p>
<p>The above said, liberalism is generally understood as an ideology containing the principles of democracy, republicanism, separation of powers, popular sovereignty, free speech, free trade, freedom of religion, and other general ideologies that favor human rights and the liberties and well being of individuals and groups.</p>
Factoids tagged with "Liberalism"
Although we can consider Jeremy Bentham the founder of modern Utilitarianism, and his successor John Stuart Mill the one who popularized it, early Greek philosophers like Aristotle, Aristippus and Epicurus presented the original Utilitarian / Consequentialist / Greatest Happiness theories.
Historically, Protestantism is like classical liberalism (individual liberties and rights) and Catholicism is like social liberalism (state enforced social justice).
We know liberals and conservatives think differently, however science suggests differences not only in thinking process, but in brain structure as well.
Blog Posts tagged with "Liberalism"
Thomas Jefferson is credited with having said, “equal rights for all, special privileges for none,” a slogan that other progressive Democrats like Williams Jennings Bryan embraced.
We explain the meaning of Democrat, Republican, Whig, Federalist, Anti-Federalist, Union, and Confederacy the political terms the major parties used for their party names.
On this page we discuss the concepts of fairness, justice, morality, and ethics as they relate to Utilitarianism.
Liberalism is the political ideology of liberty and equality. Classical liberalism focuses on individual liberty, and modern social liberalism focuses on social equality.
We present a simple guide to Marx, Marxian class theory, Marx’s theory of history, and Marx’s economic theories to help westerners understand what Marx was all about.
Separation of Powers describes the way in which government is divided into different branches (ex. in the U.S., the legislative, executive, and judicial). Checks and balances describe the powers each branch has to “check” the other branches and ensure a balance of power.
Below we explain neoliberalism, globalization, nativism, and protectionism and the pros and cons of neoliberal globalization and nativist protectionism.
Jean-Jacques Rousseau’s concept of the General Will roughly means “that which is in the best interest of the people” or “the public good”, and not just popular consensus.
We explain liberalism and conservatism, including the different social and classical types of liberalism and conservatism.
On this page we explain the political terms conservative, moderate, liberal, and progressive and how they are used in different contexts.
Collectivism describes ideology (political or otherwise) that favors the collective, like-wise Individualism describes ideology that favors the individual.
The modern usage of the political terms left and right comes from the French Revolution of 1789 when supporters of the king stood to the president’s right, and supporters of the revolution to his left.
Classic liberalism arose in opposition to state-imposed religion and aristocracy in the 1600 – 1700’s during the Age of Enlightenment in Europe and America.
Political Correctness (PC) generally describes the debate surrounding tolerance, sensitivity, and self-or-state censorship. More specifically, it refers to the “correct” treatment of groups, in the context of current politics, regarding language and policies.