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Economy
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Created by
Finn Batsford
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Cards (5)
Locke:
-Natural laws emphasise
property rights
-Free market
,
laissez-faire capitalism
-Not in favour of
tax
,
subsidies
or regulations
-Limited economic regulation
-Economic interference can lead to a
dependency culture
and
erodes egotistical individualism
Wollstonecraft:
-Natural laws emphasise
property rights
-Free market
,
laissez-faire capitalism
-Not in favour of
tax
,
subsidies
or regulations
-Limited economic regulation
-Economic interference can lead to a
dependency culture
and
erodes egotistical individualism
Stuart Mill:
-Natural
laws emphasise property rights
-Free
market,
laissez-faire
capitalism
-Not in favour of
tax
,
subsidies
or regulations
-Less
limited
economic regulation: saw the need of
state
intervention to prevent the
poor
from suffering and to prevent
monopolisation
Rawls:
-Natural
laws emphasise property rights
-Free
market capitalism
-Keynesian
economics: some state management to negate the effects of recessions and assist developmental individualism
-Laissez-faire
economics can lead to
exploitation
,
deprivation
and
inequality
Friedan
:
-Natural
laws emphasise property rights
-Free
market capitalism
-Keynesian
economics: some state management to negate the effects of recessions and assist developmental individualism
-Laissez-faire
economics can lead to exploitation, deprivation and inequality