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Political Ideas: Liberalism

Classical liberalism

  • 3 things to know
  • A2 Unit 2

Overview

Classical liberalism, economic liberalism and social Darwinism.

What you need to know

Answer each one before you reveal it.

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Key term

What is classical liberalism?

Key term

How did the utilitarianism of Bentham support reform?

Key term

What is economic liberalism?

Questions from this subtopic

Each one with the model answer underneath.

  1. 1

    What is classical liberalism?

    Model answer

    Classical liberalism is the earlier form of the ideology, dominant in the nineteenth century, which defines freedom as the absence of interference, favours a minimal state and a free market, and treats the individual as self-reliant and responsible for their own fate.

  2. 2

    What is meant by laissez-faire?

    Model answer

    Laissez-faire is the doctrine that the economy works best when government leaves it alone, confining itself to enforcing contracts and property rights rather than regulating prices, wages, hours or trade.

  3. 3

    What did Adam Smith argue in The Wealth of Nations?

    Model answer

    Smith argued in 1776 that individuals pursuing their own gain are led as if by an invisible hand to promote the general good, that the division of labour multiplies productivity, and that free trade enriches both parties to an exchange.

  4. 4

    What is economic liberalism?

    Model answer

    Economic liberalism is the belief that free markets allocate resources more efficiently than governments, because prices carry information about scarcity and competition disciplines producers, so state planning is both less productive and a threat to liberty.

  5. 5

    What is utilitarianism?

    Model answer

    Utilitarianism is the doctrine, associated with Jeremy Bentham, that actions and laws should be judged by whether they produce the greatest happiness of the greatest number, happiness being understood as pleasure and the absence of pain.

  6. 6

    How did the utilitarianism of Bentham support reform?

    Model answer

    Bentham judged every institution by its usefulness rather than by its age, which allowed reformers to attack rotten boroughs, cruel punishments, the poor law and legal procedure as failing a plain test of utility, whatever their antiquity.

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