POLS 1000 Lecture Notes - Lecture 7: Liberal Democracy, Common Good, Institute For Operations Research And The Management Sciences
Document Summary
Critical principle of the us foreign policy after ww2 was the notion that liberal democracy is sustained through free market capitalism. After ww2 major us intervention and structuring of the political economies of japan and west. In the 1930s there were a large number of trade tariffs. More integrated trade, investment and organization of production across the us led bloc -> western europe, japan and other democratic countries. Pg 54 politics power and the common good. Liberalism - the desirability of a high level of individual freedom, based on a belief in the inherent dignity and worth of each individual. Thus individuals should take responsibility for their own lives with as little interference by government as possible. Although liberals see a need for government, they are concerned that those in governing positions will abuse their power to pursue their own interests.