Neo-Liberalism versus Classic Liberalism Essay - 1204 Words

Neo-Liberalism verse Classic Liberalism Neo-liberalism is associated with economic liberalism whose campaign support provides economic liberations, free trade and open markets, privatization, deregulation and promoting the role of private institutions present in new society. Classic liberalism criticizes the neo-liberalism objective of introducing liberalization to bring about gradual increase of wealth and freedom among nations, however, classic liberalism explains that instead of realization of wealth and freedom, liberalization resulted to constant fight proposals that threatened the progress of achieving wealth and freedom among nations. Neo-liberalism aimed to prevent and control monopoly situations such that if there are no bodies†¦show more content†¦One has to try as much as possible to try to preserve the rest of humankind from any evil that can happen to the other people. Neo-liberalism emphasizes that all being are equal and independent and no man is supposed to harm each other’s innocent life, health or possession as it recognizes all being as workmanship of on omnipotent (God). Moreover, no man that has the liberty to destroy himself and man should not have more than other hence encourage sharing such thing as power. For example, although people punish each other for transgressions, the offender has the right to seek forgiveness from the offended and can assist the offended to recover from the offended to make satisfaction for the harm he or she suffered. On the other hand, classic liberalism encourages the practice of individualism. For example, the essential feature of individualism from the elements provided by Christianity and the philosophy of classical antiquity was first completely developed during the Renaissance and from that time, it has grown and spread into what is today recognized as Western European civilization. Classic liberalism emphasizes on freedom and liberty hence encouraging men to develop their own individua l gifts and bents. Whenever, small one man’s sphere is, he is encouraged to view and observe himself as supreme (Friedrich 7-14). Concept of Liberty Neo-liberalism state of nature emphasizes that every man has executive power of law of nature to be theShow MoreRelatedUnited Nations Peacekeeping Operations Before and After the Cold War2644 Words   |  11 Pageswould lead to greater complications as the people are easier to get trained to shoot a gun than being a doctor. Realism The theory of realism is divided in to separate sub-groups whereas one is called classic and the other neo. Classical realist The people who believe and call themselves classic realists are following the views of 2 main authors such as Machiavelli and Hobbs. They argue that humans are asocial as well as they do not care about others in order to peruse their own interests. 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