Economic Ideologies in the 20th Century

  • Strong economic focus in political ideologies.
  • Ideological battle lines between capitalism and socialism heightened by the 1917 Russian Revolution, which created the world’s first socialist state.
  • The ‘short’ twentieth century is defined from the outbreak of World War I to the fall of communism (1989-1991).
  • International politics during the Cold War (1945-1990) was marked by the confrontation between the capitalist West and the communist East.
  • Post-1960s ideological debates became richer and more diverse due to the emergence of new ideologies (e.g., feminism, green politics) along with traditional ideologies that adapted to remain relevant.

Liberalism

  • Liberalism must be the starting point in any discussion of political ideologies as it represents the ideology of the industrialized West.
  • Sometimes viewed as a meta-ideology capable of encompassing a broad range of beliefs.
  • Developed into a political creed during the early nineteenth century, building upon 300 years of earlier theories.
  • Early liberalism reflected the aspirations of a rising industrial middle class and established a close link with capitalism.

Early Liberalism

  • Emerged as a political doctrine challenging absolutism and feudal privilege, advocating for constitutional and representative government.
  • The development of classical economic liberalism emphasized laissez-faire economics and condemned government intervention.

Social Liberalism

  • Emerged later, favoring welfare reforms and economic intervention which became a feature of modern liberalism since the late nineteenth century.

Key Concepts in Liberalism

  • Meta-ideology: A higher or second-order ideology that provides the foundation for ideological debates.
  • Individualism: The principle that emphasizes the importance of the individual over social groups, positing that every person is of equal moral worth and has unique identities.
  • Freedom/Liberty: Core value prioritizing individual freedom while stressing that it must be balanced against the freedom of others (i.e., freedom under law).
  • Reason: Liberals trust in rationality, believing individuals are capable of making wise decisions, thus favoring progress through discourse.
  • Equality: Commitment to foundational equality without endorsing social equality; meritocracy is favored, indicating rewards based on ability and effort.
  • Toleration: Advocates for forbearance, promoting a pluralistic society where diverse beliefs are accepted, enriching social discourse.
  • Consent: Authority must derive from the consent of the governed, supporting democratic representations and social contracts.
  • Constitutionalism: Advocates limited government with checks and balances, recognizing the potential tyranny of unchecked government power.

Classical vs. Modern Liberalism

Classical Liberalism

  • Characterized by extreme individualism and negative liberty (freedom from interference).
  • Embraces an atomistic view of society where individuals own their capacities and owe little to others.
  • Advocates for a minimal or ‘nightwatchman’ state focused on protecting citizens and enforcing contracts.
  • Supports laissez-faire capitalism as a method to guarantee prosperity and social justice.

Modern Liberalism

  • Displays a supportive attitude towards state intervention born from recognizing the injustices of industrial capitalism.
  • Influenced by thinkers like J. S. Mill, the modern interpretation links freedom to personal development, not merely lack of interference.
  • Identifies social evils (as per the Beveridge Report) and embraces welfare provisions to help those unable to care for themselves.
  • Acknowledges J. M. Keynes' ideas, endorsing managed capitalism to maintain growth and social responsibility.
  • Focuses on the support for the weak and vulnerable, emphasizing the goal of enabling individuals to eventually take responsibility for themselves.
  • John Rawls' theories attempted to reconcile welfare principles with liberalism.

Additional Liberal Concepts

  • Progress: The belief in human advancement over time based on knowledge accumulation.
  • Meritocracy: Governance by talent, where positions are filled based on ability.
  • Atomism: Society seen as composed of self-sufficient individuals with minimal social obligations.
  • Economic Liberalism: Belief in self-regulating markets leading to widespread prosperity.
  • Big Government: A state characterized by active intervention in economy and social policy.

Conservatism

  • Emerged in response to the rapid changes brought about by liberalism, nationalism, and the French Revolution.
  • Historically focused on preserving traditional social orders under increasing pressure.
  • Divisions exist within conservatism, with distinct forms in Europe and America.

Forms of Conservatism

Autocratic Conservatism
  • Characterized by thinkers like Joseph de Maistre, opposing reform altogether.
Flexible Conservatism (Edmund Burke)
  • Advocates for gradual change to conserve traditional values and social order.
  • Embraces social reform through a paternalistic approach, promoting social responsibility among the privileged classes.
New Right
  • A reactionary movement emphasizing anti-statism, drawing from classical liberal principles.

Paternalistic Conservatism

  • Argues for social responsibility among the elite; Disraeli warned of division leading to social revolution and advocated for reform from the privileged.
  • Associated with the One-Nation principle, emphasizing social cohesion over equality.
Key Terms in Conservatism
  • Redistribution: Efforts to narrow material inequalities via taxation and welfare.
  • Ancien Régime: Refers to the old political order before the French Revolution.
  • Paternalism: Policies reflecting care for the less fortunate; often compared to the relationship between a parent and child.
  • Noblesse Oblige: Responsibility of the privileged to aid the less fortunate, linking privilege with duty.
  • Toryism: A conservative ideology focusing on tradition, hierarchy, and organic social structures.
  • Natural Aristocracy: The belief that leadership qualities are inherent and not acquired through effort.