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Market Liberalism part 2
Market Liberalism part 2
Market Liberalism part 2
Market Liberalism part 2
Market Liberalism part 2
Market Liberalism part 2
Market Liberalism part 2
Market Liberalism part 2
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Market Liberalism part 2

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Market Liberali

Market Liberali

Published in: Economy & Finance, Technology
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  • 1. Market Liberalism In more detail
  • 2. What we know already <ul><li>Economic markets in conjunction with democracy providing personal freedom (of sorts) </li></ul><ul><li>Essentially capitalism </li></ul><ul><li>Free markets </li></ul><ul><li>Supply and demand </li></ul><ul><li>Minimal intervention </li></ul>
  • 3. Today we will… <ul><li>Look at the role of the state </li></ul><ul><li>Try to understand different perspectives of freedom </li></ul><ul><li>Think about what liberalism means in general </li></ul><ul><li>Understand how pluralism works within free markets </li></ul>
  • 4. Pluralism <ul><li>Pluralism = diversity of views which often stand in opposition to dominant view </li></ul><ul><li>Economic Pluralism = diversity of competition makes better economic system </li></ul><ul><li>The more players you have the greater the results (competition is good) </li></ul><ul><li>What examples can you think of where there is lots of competition and where there is little? What do you think is better? </li></ul>
  • 5. Liberalism <ul><li>A belief in the importance of individual freedom </li></ul><ul><li>Freedom from despotic rule </li></ul><ul><li>Governments rule by consent </li></ul><ul><li>Civil rights </li></ul><ul><li>But critics argue that only the elite receive true freedom </li></ul><ul><li>- Limited voting rights/ ‘stuck’ in jobs… </li></ul>
  • 6. Economic liberalism <ul><li>Stress importance of free market/trade </li></ul><ul><li>Favours privatisation in public sector </li></ul><ul><li>But what about the welfare system? </li></ul><ul><li>To be free, do you not need basics? What defines freedom to you? </li></ul><ul><li>How far should the state go? </li></ul>
  • 7. <ul><li>Essentially this is all Democracy </li></ul><ul><li>Democracy as a Dominant Ideology </li></ul><ul><li>What is meant by this? </li></ul><ul><li>set of common values and beliefs shared by most people in a given society, framing how the majority think </li></ul><ul><li>What constitutes our view of democracy? How does it allow personal freedom? Can freedom be bought? </li></ul>
  • 8. <ul><li>Watch the clip on You Tube and dominant ideology </li></ul><ul><li>Your task is to write a 200-300 word report on market liberalism in action using a media form as your example </li></ul><ul><li>Try to include discussion on the following… </li></ul><ul><li>How do markets work -very basic eg supply and demand, markets value, cost etc </li></ul><ul><li>What is capitalism and how does it operate in outline? </li></ul><ul><li>What are the benefits of capitalism? </li></ul><ul><li>Where does the individual and their freedom fit into this? </li></ul><ul><li>Culture as a marketable and bankable commodity? </li></ul><ul><li>Is a dominant ideology (viewpoint) being spread? How does this fit into debates about personal freedom? </li></ul>

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