2. Classical liberalism is political
ideology, which promotes the
value for freedom of
individuals. It also promotes
Laissez-Faire economy
(essentially meaning little
government involvement).
It first emerged in the 19th
century in Europe and in the
United States. However it http://activerain.com/blogsview/2506833/are-you-a-
basic ideals were already classic-liberal-and-don-t-know-it-
created in the 18th century.
3. Laissez-Faire Capitalism
Laissez-Faire Capitalism
is a economic
environment in which
there is little government
involvement; but
contains government
policies to protect
property rights. It allows
individuals to be in http://redstateeclectic.typepad.com/redstate_commentary/2011/02/wh
at-is-classical-liberalism.html
control of what they wish
to buy and sell which is a
free market. Laissez-
Faire is a French word This relates with classical
literally meaning “let liberalism in the way that for
them do as they will”. classical liberalism to work a
free market economy had to
be formed. This allowed the
division of the social class
system.
4. Laissez-Faire Capitalism
Pt.2
Adam smith was one of the “founding fathers” of
Laissez-Faire Capitalism with his book “The Wealth of
Nations”. This talked about the “invisible hand”, which
regulated the market. Basically what it meant was that
it allowed individuals to work for personal gain while
unintentionally working towards the public good.
5. Industrialization
Before urbanization the vast
majority of the population lived
in rural regions and were
based around agricultural
communities. There were
advancements in technology
which allowed the nobles to be
able to farm their own land
forcing the farmers out of
work. Farmers then moved to https://www.mtholyoke.edu/courses/rschwart/ind_rev/imag
es/indust.html.htm
cities in search of work
causing an industrial
population explosion.
6. Industrialization Pt.2
With the massive population boom the
job demand was at its highest allowing
factory owners to have terrible working
conditions.
Capitalist thinkers took advantage of
this employing children, paying unfair
wages, and establishing poor working
conditions therefore maximizing their
profits.
All of these points help establish the
individual allowing to make a large http://www.sagennext.com/2009/10/28/making-
private profit for personal gain money/
something that could not of been
accomplished a mere 100 years ago.
Before industrialization everyone was
working for the king, but now they were
working for themselves.
7. Class System
Before classical liberalism an
individual was born into their
social class and migration to a
higher class was seldom to
never.
Classical liberalism established a
new hierarchy based upon
wealth and no longer bloodline.
This made it possible for people http://wccshoeing.wordpress.com/category/8b-feudal-
system/
to move from their social
classes, but this still was no easy
task.
8. Part 2: Utopian Socialism
Utopia: an ideally perfect
place: morally, politically, and
socially.
http://urbantimes.co/2011/01/spacefaring-nations-cosmic-citizenship/blue-
planet-earth/
9. Who:
Robert Owen
“Eight hours' daily labour is enough for any [adult]
human being, and under proper arrangements
sufficient to afford an ample supply of food, raiment
and shelter, or the necessaries and comforts of life,
and for the remainder of his time, every person is
entitled to education, recreation and sleep.”
-Robert Owen
What:
Utopian Socialism is a term used to define a system
based on the idea that if capital voluntarily
surrendered its ownership of the means of
production to the state or the workers,
unemployment and poverty would be eliminated
10. When:
Founded in 1776 by “Mother” Ann Lee, an English immigrant,
the Shakers believed that the millennium was at hand and that
the time had come for people to renounce sin.
Robert Owen (1771-1858)’s experimental community at New
Harmony, Indiana, which reflected the influence of
Enlightenment ideas. He believed that people are shaped by
their environment, and wrote about his ideas in his book “A New
View of Society, which was published in 1813. Although Owen
contribute to idea that human being have the free will to
organize themselves into any kind of society they wished, the
community lasted just three years, from 1825 to 1828.
Where:
Robert Owen was part owner of the largest cotton-spinning mill
in the world. New Lanark made Owen's reputation as a
philanthropist. The village remained much as Dale had made it
although more living space was created and higher standards
of hygiene were enforced. The primary contribution of Owen at
new Lanark was in public buildings which emphasized his
concern for the welfare of his workers, specifically, the New
Institution for the Formation of Character (1816), the Infant
School (1817) and the Store.
11. Why:
Utopian socialism is the idea that collective ownership eliminates greed
and promotes personal growth, cultural enrichment, and democracy.
People would work for the common good in jobs of their choice. Prices would
be superfluous, because there would be as much joy from giving as from
receiving; supplying and demanding would be equally satisfying.