reagonomics
The three categories that make up freedom are commonly described as: Political freedom – The ability to participate in government, vote, and express opinions. Economic freedom – The ability to work, own property, and make economic choices. Personal (civil) freedom – The ability to make personal choices and enjoy rights such as speech, religion, and movement.
more personal freedom, more economic freedom.
56 percent.
Totalitarianism, communism, socialism, marxism
Societal recognition that a personal expectation of privacy is reasonable and the exhibition of a personal subjective expectation of privacy. ;)
Reaganomics
reagonomics
This policy varies per country, but it describes American conservativism and the Republican Party's (GOP) economic policies. An example would be the Mellon Economic Plan from the 1920s during the presidency of Calvin Coolidge.
The Libertarian Party typically supports both personal and economic freedom. They advocate for minimal government intervention in both social and economic matters, promoting individual liberty and autonomy.
Bob Barr, a former U.S. Congressman and Libertarian Party nominee for president in 2008, advocated for limited government, individual liberties, and a non-interventionist foreign policy. His platform emphasized reducing federal spending, eliminating unnecessary regulations, and protecting personal privacy rights. Barr was also a strong proponent of criminal justice reform and the decriminalization of drugs. Overall, his focus was on maximizing personal freedom while minimizing government intervention in both personal and economic matters.
The leaders of the conservative movement in the 1980s, notably Ronald Reagan, sought to reduce the size and scope of government, advocating for lower taxes, deregulation, and a reduction in federal spending. They believed that a smaller government would promote individual freedom and economic growth. Additionally, they aimed to shift many responsibilities from the federal government to state and local levels, emphasizing personal responsibility and free-market principles. This approach was rooted in a desire to counter what they viewed as excessive government intervention in both the economy and personal lives.
Herbert Hoover believed that if the federal government assumed responsibility for economic welfare and relief, it would lead to a loss of individual initiative and self-reliance among citizens. He feared that this shift could create a dependency on government aid, undermining the principles of personal responsibility and voluntary action. Hoover advocated for limited government intervention, arguing that local and private efforts were more effective in addressing social and economic issues. Ultimately, he believed that federal involvement could exacerbate problems rather than resolve them.
A person who wants to maintain the economic, political, and social structures of society with minimal government involvement is typically referred to as a libertarian. Libertarians advocate for individual freedom, personal responsibility, and limited government intervention in both personal and economic matters. They emphasize free markets and voluntary interactions as the best means for societal organization.
Voltaire believed that the government should protect the rights and freedom of its citizens, promote religious tolerance, and ensure social progress through rational policies and justice. He advocated for a limited government that respected individual liberties and did not interfere in personal beliefs or private affairs.
The major impact of economic ideas that emerged from the Enlightenment was the shift towards capitalism and free-market principles, emphasizing individual liberty and rational self-interest. Thinkers like Adam Smith advocated for minimal government intervention in trade, which laid the groundwork for modern economic theories and practices. This period also fostered the belief in progress and innovation, leading to industrialization and significant changes in social and economic structures. Overall, Enlightenment economic ideas contributed to the development of modern economies and the promotion of personal entrepreneurship.
dictatorship
Margaret Thatcher's economic philosophy, often referred to as "Thatcherism," emphasized free markets, individual entrepreneurship, and minimal government intervention in the economy. She advocated for deregulation, privatization of state-owned industries, and reducing the power of trade unions, believing that these measures would foster economic growth and efficiency. Thatcher's policies aimed to combat inflation and unemployment, promote personal responsibility, and encourage wealth creation, reflecting her belief in the importance of capitalism and a strong private sector.