Economic Conservatism
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Economic Conservatism
Fiscal conservatism is a political and economic philosophy regarding fiscal policy and fiscal responsibility with an ideological basis in capitalism, individualism, limited government, and ''laissez-faire'' economics.M. O. Dickerson et al., ''An Introduction to Government and Politics: A Conceptual Approach'' (2009) p. 129. Fiscal conservatives advocate tax cuts, reduced government spending, free markets, deregulation, privatization, free trade, and minimal government debt. Fiscal conservatism follows the same philosophical outlook of classical liberalism. This concept is derived from economic liberalism and can also be referred to as fiscal liberalism outside the United States. The term has its origins in the era of the American New Deal during the 1930s as a result of the policies initiated by modern liberals, when many classical liberals started calling themselves conservatives as they did not wish to be identified with what was passing for liberalism in the United States. In ...
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Political Philosophy
Political philosophy or political theory is the philosophical study of government, addressing questions about the nature, scope, and legitimacy of public agents and institutions and the relationships between them. Its topics include politics, liberty, justice, property, rights, law, and the enforcement of laws by authority: what they are, if they are needed, what makes a The purpose of government, government legitimate, what fundamental rights, rights and freedoms it should protect, what form it should take, what the law is, and what duties citizens owe to a legitimate government, if any, and when it may be legitimately overthrown, if ever. Political theory also engages questions of a broader scope, tackling the political nature of phenomena and categories such as Identity (social science), identity, Cultural studies, culture, Queer theory, sexuality, Critical race theory, race, Political economy, wealth, Critical animal studies, human-nonhuman relations, Political ethics, ethi ...
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Social Liberals
Social liberalism (german: Sozialliberalismus, es, socioliberalismo, nl, Sociaalliberalisme), also known as new liberalism in the United Kingdom, modern liberalism, or simply liberalism in the contemporary United States, left-liberalism (german: Linksliberalismus) in Germany, and progressive liberalism ( es, Liberalismo progresista) in Spanish-speaking countries, is a political philosophy and variety of liberalism that endorses a social market economy and the expansion of civil and political rights. Social liberalism views the common good as harmonious with the individual's freedom. Social liberals overlap with social democrats in accepting economic intervention more than other liberals, although its importance is considered auxiliary compared to social democrats. Ideologies that emphasize only the economic policy of social liberalism include welfare liberalism, New Deal liberalism in the United States, and Keynesian liberalism. Cultural liberalism is an ideology that h ...
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Deficit Spending
Within the budgetary process, deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit; the opposite of budget surplus. The term may be applied to the budget of a government, private company, or individual. Government deficit spending was first identified as a necessary economic tool by John Maynard Keynes in the wake of the Great Depression. It is a central point of controversy in economics, as discussed below. Controversy Government deficit spending is a central point of controversy in economics, with prominent economists holding differing views. The mainstream economics position is that deficit spending is desirable and necessary as part of countercyclical fiscal policy, but that there should not be a structural deficit (i.e., permanent deficit): The government should run deficits during recessions to compensate for the shortfall in aggregate demand, but should run surpluses in boom t ...
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Liberalism
Liberalism is a political and moral philosophy based on the rights of the individual, liberty, consent of the governed, political equality and equality before the law."political rationalism, hostility to autocracy, cultural distaste for conservatism and for tradition in general, tolerance, and ... individualism". John Dunn. ''Western Political Theory in the Face of the Future'' (1993). Cambridge University Press. . Liberals espouse various views depending on their understanding of these principles. However, they generally support private property, market economies, individual rights (including civil rights and human rights), liberal democracy, secularism, rule of law, economic and political freedom, freedom of speech, freedom of the press, freedom of assembly, and freedom of religion. Liberalism is frequently cited as the dominant ideology of modern times.Wolfe, p. 23.Adams, p. 11. Liberalism became a distinct movement in the Age of Enlightenment, gaining popularity ...
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Non-interventionist
Non-interventionism or non-intervention is a political philosophy Political philosophy or political theory is the philosophical study of government, addressing questions about the nature, scope, and legitimacy of public agents and institutions and the relationships between them. Its topics include politics, l ... or national foreign policy doctrine that opposes interference in the domestic politics and affairs of other countries but, in contrast to isolationism, is not necessarily opposed to international commitments in general. A 1915 definition is that non-interventionism is a policy characterized by the absence of "interference by a state or states in the external affairs of another state without its consent, or in its internal affairs with or without its consent". This is based on the grounds that a state should not interfere in the internal politics of another state as well as the principles of state sovereignty and self-determination. A similar phrase is "strategic inde ...
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Cultural Liberal
Cultural liberalism is a social philosophy which expresses the social dimension of liberalism and advocates the freedom of individuals to choose whether to conform to cultural norms. In the words of Henry David Thoreau, it is often expressed as the right to "march to the beat of a different drummer". Also known as ''social liberalism'' in the United States, '' cultural progressivism'' is used in a substantially similar context, although it does not mean exactly the same as ''cultural liberalism''. In following the harm principle, cultural liberals believe that, for the most part, society should not impose any specific code of behavior and see themselves as defending the moral rights of nonconformists to express their own identity however they see fit as long as they do not harm anyone else. The culture wars in politics are generally disagreements between cultural progressives and cultural conservatives. The cultural progressives believe that the structure of one's family an ...
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Libertarianism In The United States
In the United States, libertarianism is a political philosophy promoting individual liberty. According to common meanings of conservatism and liberalism in the United States, libertarianism has been described as '' conservative'' on economic issues ( economic liberalism) and '' liberal'' on personal freedom (civil libertarianism),Boaz, David; Kirby, David (October 18, 2006). ''The Libertarian Vote''. Cato Institute. often associated with a foreign policy of non-interventionism.Olsen, Edward A. (2002). ''US National Defense for the Twenty-First Century: The Grand Exit Strategy''. Taylor & Francisp. 182 . . Broadly, there are four principal traditions within libertarianism, namely the libertarianism that developed in the mid-20th century out of the revival tradition of classical liberalism in the United States after liberalism associated with the New Deal; the libertarianism developed in the 1950s by anarcho-capitalist author Murray Rothbard, who based it on the anti-New De ...
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National Defense
National security, or national defence, is the security and defence of a sovereign state, including its citizens, economy, and institutions, which is regarded as a duty of government. Originally conceived as protection against military attack, national security is widely understood to include also non-military dimensions, including the security from terrorism, minimization of crime, economic security, energy security, environmental security, food security, and cyber-security. Similarly, national security risks include, in addition to the actions of other nation states, action by violent non-state actors, by narcotic cartels, and by multinational corporations, and also the effects of natural disasters. Governments rely on a range of measures, including political, economic, and military power, as well as diplomacy, to safeguard the security of a nation state. They may also act to build the conditions of security regionally and internationally by reducing transnational c ...
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Social Conservatism In The United States
Social conservatism in the United States is a political ideology focused on the preservation of traditional values and beliefs. It focuses on a concern with moral and social values which proponents of the ideology see as degraded in modern society by liberalism. In the United States, one of the largest forces of social conservatism is the Christian right. Social conservatives in the United States generally take fundamentalist, familialist, moralist stances on social issues. This is exemplified by their opposition to abortion, opposition to feminism, support for traditional family values, opposition to pornography, support for abstinence-only sex education, opposition to LGBT rights, support for school prayer, support for school vouchers, support for Sunday blue laws, opposition to gambling, and opposition to recreational drug use, among others. As many of them are religious, especially Christian fundamentalists, social conservatives push for a focus on Christian trad ...
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Movement Conservatism
Movement conservatism is a term used by political analysts to describe conservatives in the United States since the mid-20th century and the New Right. According to George H. Nash (2009) the movement comprises a coalition of five distinct impulses. From the mid-1930s to the 1960s, libertarians, traditionalists, and anti-communists made up this coalition, with the goal of fighting the liberals' New Deal. In the 1970s, two more impulses were added with the addition of neoconservatives and the religious right. R. Emmett Tyrrell, a prominent right-wing writer, says, "the conservatism that, when it made its appearance in the early 1950s, was called the New Conservatism and for the past fifty or sixty years has been known as 'movement conservatism' by those of us who have espoused it." Political scientists Doss and Roberts say that "The term movement conservatives refers to those people who argue that big government constitutes the most serious problem.... Movement conservatives ...
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Regulatory
Regulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context. For example: * in biology, gene regulation and metabolic regulation allow living organisms to adapt to their environment and maintain homeostasis; * in government, typically regulation means stipulations of the delegated legislation which is drafted by subject-matter experts to enforce primary legislation; * in business, industry self-regulation occurs through self-regulatory organizations and trade associations which allow industries to set and enforce rules with less government involvement; and, * in psychology, self-regulation theory is the study of how individuals regulate their thoughts and behaviors to reach goals. Social Regulation in the social, political, psychological, and economic domains can take many forms: legal restrict ...
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Welfare State
A welfare state is a form of government in which the state (or a well-established network of social institutions) protects and promotes the economic and social well-being of its citizens, based upon the principles of equal opportunity, equitable distribution of wealth, and public responsibility for citizens unable to avail themselves of the minimal provisions for a good life. There is substantial variability in the form and trajectory of the welfare state across countries and regions. All welfare states entail some degree of private-public partnerships wherein the administration and delivery of at least some welfare programmes occurs through private entities. Welfare state services are also provided at varying territorial levels of government. Early features of the welfare state, such as public pensions and social insurance, developed from the 1880s onwards in industrializing Western countries. World War I, the Great Depression, and World War II have been characterized as im ...
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