Old Liberalism: The role of the state is small in the social sphere because there is little they can do to help the people.
New Liberalism: Society is made of people working together so the state needs to judge the needs of individuals and society.
Old Liberalism: Did not believe in government spending, particularly for social reform.
New Liberalism: The state needs to correct the flaws in the economic system
Old Liberalism: Did not want to intervene on the life of the public- believed in removing obstacles to businesses. Taxes should be low do people as free to spend their money as they liked.
New Liberalism: Taxes should be raised to pay for schemes- progressive taxation to redistribute wealth.
Comments
No comments have yet been made