Premium Essay

Economic Liberalism In The United States

Submitted By
Words 530
Pages 3
I believe the best way to answer this prompt is from the perspective of economic liberalism. This is because economic liberalism stresses cooperation and mutually beneficial exchanges, and furthermore believes that economic actions determine political ones. Thus, assuming we are the United States, we must work to strengthen economic ties in hopes that such interaction will lead to strengthened political ties. If such a scenario occurs, the US will likely still have readily available access to the trade of such resources, and furthermore will have increased trade in other areas, as nations recognize the mutual benefit present. In regards to determining our energy policy, several factors must come into play. Most will immediately note global warming and the need to preserve our environment; however, we must also acknowledge the employment opportunities arising from this field. Many Americans rely on occupations in the energy field to “make a living.” For example, a large percentage of Kentuckians rely on coal mining to provide for their families. …show more content…
For example, if at one point the scales tip too far in the direction of maintaining American jobs, we may place a greater emphasis on extracting energy sources in the US rather than importing such sources from resource-rich countries. On the other hand, if the scales tip the opposite direction and we begin to place a greater emphasis on slowing global warming, we may see a shift away from ties with resource-rich countries, and instead, see a shift towards countries supplying technologies for renewable energy sources. Either way, the need to maintain the difficult balance between the two major factors becomes even more apparent, as even a slight shift in favor of one or the other can lead to drastic changes in international

Similar Documents

Premium Essay

Weapons of Mass Destruction

...Many significant issues and controversies have arisen post Cold War regarding Weapons proliferation. According to the United States State Department, Weapons proliferation is defined as “The spread of Weapons of Mass Destruction. Horizontal proliferation refers to the spread of WMD to states that have not previously possessed them. Vertical proliferation refers to an increase in the amount or devastating capacity of any currently existing WMD arsenals within a state.” (1) The United Nations Security Council declared in January 1992 that the proliferation of weapons of mass destruction “…constitutes a threat to international peace and security.” (Pg 92 POWMD) Currently the United Nations (UN) has 190 member countries, but only eight of them are known to have WMD capabilities. They are: the United States, Russia, Great Britain, France, China, India and Pakistan. The UN believes Israel and North Korea possess nuclear weapons/capabilities, but there is no solid evidence. Weapons proliferation today is on the move, more than a dozen countries had started weapons programs in the past, but all were stopped prior to full-up capabilities coming online. Today several states and sub-national groups to include Iran, Iraq, Libya, North Korea and the Al-Queda are pursuing clandestine nuclear weapons programs. (2) These counties want prestige, the added security, domestic control and diplomatic bargaining power that comes with possessing WMD. They want a place on the “World stage” and...

Words: 2484 - Pages: 10

Premium Essay

Liberalism

...Part of a series on Liberalism Development[show] Ideas[show] Variants[show] People[show] Organizations[show] • Liberalism portal • Politics portal • v • t • e • 1. • • • • • • • • • • Words such as liberal, liberty, libertarian, and libertine all trace their history to the Latin liber, which means "free". One of the first recorded instances of the word liberal occurs in 1375, when it was used to describe the liberal arts in the context of an education desirable for a free-born man.[13] The word's early connection with the classical education of a medieval university soon gave way to a proliferation of different denotations and connotations. Liberal could refer to "free in bestowing" as early as 1387, "made without stint" in 1433, "freely permitted" in 1530, and "free from restraint"—often as a pejorative remark—in the 16th and the 17th centuries.In 16th century England, liberal could have positive or negative attributes in referring to someone's generosity or indiscretion.[13] In Much Ado About Nothing, Shakespeare wrote of "a liberal villaine" who "hath...confest his vile encounters".[13] With the rise of the Enlightenment, the word acquired decisively more positive undertones, being defined as "free from narrow prejudice" in 1781 and "free from bigotry" in 1823.[13] In 1815, the first use of the word liberalism appeared in English.[14] In Spain, the Liberales, the first group to use the liberal label in a political...

Words: 2991 - Pages: 12

Free Essay

Geopolitics

...Globalisation, of course, is therefore a manifestation of a neo-liberal economic ideology.  Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world. : all those processes by which the peoples of the world are incorporated into a single world society. : Globalization can thus be defined as the intensification of worldwide social relations which link distant localities in such a way that local happenings are shaped by events occurring many miles away and vice versa. For eg. Recession US eg The International Monetary Fund (IMF) identified four basic aspects of globalization: trade and transactions, capital and investment movements, migration and movement of people and the dissemination of knowledge. Further, environmental challenges such as climate change, cross-boundary water, air pollution, and over-fishing of the ocean are linked with globalization. Globalizing processes affect and are affected by business and work organization, economics, socio-cultural resources, and the natural environment. Globalization is deeply controversial, however. Proponents of globalization argue that it allows poor countries and their citizens to develop economically...

Words: 2545 - Pages: 11

Premium Essay

Consequences of Ww2

...Liberalism and The consequences of World War II Ayomide A Adaranijo History 3100; Diplomatic History Dr. Oreste Foppiani Although the term liberalism, in the political sense, became very popular in the early 1970’s, actions that would qualify as liberalism had begun to take place since, at the latest, after the Second World War, and probably before that time. The aftermath of the Second World War was the beginning of wide spread international cooperation, and the period immediately after the war signified the beginning of international organizations and the beginning of political and economic cooperation amongst the most powerful countries at the time. Because of the effects of the war, most countries had no other choice but to cooperate with each other in order to recover from the economic downturn after World War II. This period after the war marked the beginning of a series of actions that would eventually lead to the globalized and interdependent political economy that we have today. At the end of the Second World War, most of the former super powers (Great Britain, France, Italy, Germany) were in ruins. The only two true winners of the war were the United States and the Soviet Union. However, the United States was the only country to come out of World War 2 with a stable and efficient economy as well as an intact army and the capacity to produce nuclear weapons (this was very crucial at that time). With most of the world’s economy in jeopardy, the leaders of these...

Words: 2219 - Pages: 9

Free Essay

International Relations Theory

...as “a belief, policy, or procedure proposed or followed as the basis of action,” (Merriam-Webster) and can be used “in many cases as a basis of prediction.” (Mingst 56) There are three major theories which we can use to analyze events: liberalism, realism, and constructivism. These theories provide us with different points of view from which to analyze issues in today’s world. By looking at events, both past and present, in the context of a given theory, we can begin to understand those events and the driving forces behind them, as well as to make predictions about future events. The first of these theories, liberalism, is based upon the belief that man is innately good and that social conditions can be improved, paving the way for progress. Liberalism has its roots in “Enlightenment optimism, nineteenth-century political and economic liberalism, and twentieth-century Wilsonian idealism.” (Mingst 60) Liberalism sees man as rational, and through rationalism, society flourishes. Liberalism views the state not as an individual on the international stage, but as a member of a larger international community. Liberalism argues that war is not a part of human nature, and that it is brought on by the corruption of institutions. As such, liberalism posits that war can be avoided through reformation of the corrupt institutions, and through...

Words: 1829 - Pages: 8

Premium Essay

Classical Liberalism vs Classical Conservatism

...Classical Liberalism VS Classical Conservatism Are you Republican or Democrat? Maybe you are Conservative or Liberal? What do these terms mean and how did they begin? Classical Conservatism is defined as “a political philosophy emphasizing the need for the principles of natural law and transcendent moral order.”(Frohnen, Beer, and Nelson, 2006) Classical Liberalism is described as “a philosophy committed to the ideal of limited government and liberty of individuals including freedom of religion, speech, press, assembly, and free markets.” (Hudelson, 1999) These two ideas have shaped our philosophies and parties for centuries to come. These philosophies were made possible by many bright men of the time like Edmund Burke, John Adams, John Locke and Adam Smith. Classical conservatism or traditional conservatism, Burkean conservatism, and Toryism, is a party that has re-expressed their convections to fit the time. (Frohnen, Beer, and Nelson, 2006) In classical conservatism, many parties have adapted their view points. One of the first parties in American that adapted the philosophies of conservatism was the Whigs. The Whigs opposed monarchial power, advocated internal reform of administration, and freedom under the law. They believed in balancing orders in the common wealth and religious toleration. (Kirk, 1953) One person highly recognized for his work in the public sector for conservatism was Edmund Burke. Edmund Burke was born January 12, 1729 in Dublin, Ireland, and...

Words: 2096 - Pages: 9

Free Essay

Essay

...This essay will discuss the steps that must be taken to make amendments to the United States Constitution, the reasons the ten amendments that make up the Bill of Rights were successfully added to the United States Constitution and why the Equal Rights Amendment was not added. This essay will also discuss what ideology is and the differences between liberalism and conservatism and will lastly outline the differences between Dual Federalism and Cooperative Federalism. Let’s first discuss what steps must be taken to amend the United States Constitution. In order to amend the United States Constitution the amendments may be proposed by the United States Congress or by a national convention assembled at the request of the legislatures of at least two-thirds of the several states (Bardes, Shelley, and Schmidt, 2012, pg. 53). Another method that can be used to make amendments to the United States Constitution is ratification, although this method in the past has rarely been used, but it can occur by two methods either by obtaining a positive vote of at least three-fourths of the legislatures of several states or by having special conventions called in the states and obtaining a positive vote in three-fourths of them (Bardes, Shelley, and Schmidt, 2012, pg. 53). Congress has considered more than eleven thousand amendments to the Constitution, but only thirty-three amendments were submitted to the states after having been approved by the required two-thirds vote, the Equal Rights Amendment...

Words: 759 - Pages: 4

Free Essay

Liberalism vs Socialism

...When people think of liberalism and socialism, they tend to sometimes get the terms confused with one another. That is understandable considering our ever changing world of politics. While similar in some ways, there is a distinction between liberalism and socialism. However, in order to identify the differences between the two, one must analyze both side’s history and origin. The definition of liberalism has changed from its beginning to today. Liberalism consists of two types; classical liberalism and modern liberalism. Classical liberalism was based on ideas formed by John Locke and Adam Smith. Locke was known as the “originator of liberalism (Analyzing Politics, 5th ed.). In his book, Two Treatises of Government, Locke expressed that he agreed with the idea of limited government. He believed that as long as people followed the laws of nature, which are, preserve yourself, do not harm others, and help others if possible, then there would be little need for government intervention. Although Locke acknowledged that classes of rich and poor would be born through economic change, both him and Adam Smith believed that economic inequality was not necessarily “unjust or unfair (Analyzing Politics, 5th ed.). In the end, both Locke and Smith were in favor of limited government and Smith argued that government should be limited to security, roads, bridges, and schools. Modern liberalism was based on the ideas of English philosopher T.H. Green. Green argued against many...

Words: 814 - Pages: 4

Free Essay

Theories in International Relation

...1. Why are theories of international relations important? First of all, international relation is the study of relationship between countries, including the roles of states, inter-governmental organization, international nongovernmental organizations, non-governmental organizations, and multinational corporations. In our modern society, globalization has made countries dependent with each other due to the rapid flow of goods, services, people, information and ideas that is driven by economic factor, which includes increasing productive potential and creating new opportunities for international trade and investment, technological factor, which involves faster information access and easier international activities, and demographical factor, which involves different characteristics and resources in different areas. According to the Essentials of International Relations by Karen A Mingst, theory is a set of propositions and concepts that seek to explain phenomena by specifying the relationships among the concepts. So theory of international relation is a set of propositions and concepts that seek to explain international relation phenomena by specifying the relationships among the concepts. Therefore the theory of international relationship is important to analyze political events and their background. For example, behind US attack to Iraq, there were issues of terrorism, Saddam Hussein as an individual, democracy, and weapon. Moreover using the theories of international relationship...

Words: 2301 - Pages: 10

Premium Essay

Socialism and Liberalism

...Socialism and Liberalism For hundreds of years people have been developing ideas on how governments should function and interact with their citizens. These ideas have run the gamut of possibilities from governments that control every aspect of life to governments with limited power where individual liberty is encouraged. Two ideologies that gained prominence in the 17th and 18th centuries were Liberalism and Socialism. Socialism is an ideology where citizens are best served by policies focused on meeting the basic needs of the entire society rather than by policies focused on serving the needs of individuals as individuals. (Grigsby, 2011) Liberalism arose from the writings of John Locke who believed in a limited government and protection of the rights of individuals, this is known as Classical Liberalism. This theory was expanded on in the 19th century and became known as Modern Liberalism. Modern liberals believe in an interventionist government and expansive liberty. (Grigsby, 2011) In recent years in the United States, some have tried to make these two ideologies synonymous. While they may share some characteristics these two ideologies are not the same. Socialism is not Liberalism and Liberalism is not Socialism. Interventionist government and expansive liberty are the two main points of Modern Liberalism. An interventionist government is government that takes a role in regulating economic and social interactions. (Grigsby, 2011) Expansive liberty is defined...

Words: 705 - Pages: 3

Premium Essay

'Laissez-Faire, Laissez-Passer

...Chapter 3 - ''Laissez-Faire, Laissez-passer''. Liberalism suffers from something of a personality disorder. The term means different things in different contexts. In the United States today, for example, a liberal is general regarded as one who believes in an active role for the state in society such as helping the poor and funding programs to address social problems. For economic liberals (also referred to as neoliberals and sometimes as neocon1 the state should play a limited, knot constricted, role in the economy and society. In other relatives ), words, today's economic liberals have much in common with people who are usually referred to as ''conservatives'' in the United States and many other countries. ROOTS OF THE ECONOMIC LIBERAL The liberal perspective today reveals many insights about political economy that mercantilists miss or do not address. Although liberals believe that people are fundamentally self-interested, they do not see this as a disadvantage because broad areas of society are set up in such a way that competing interests can engage one another.  Today's economic liberalism is rooted in reactions to important trends and events in Europe in the seventeenth and eighteenth centuries. Fratxois Quesnay (1694-1774) led a group of French philosophers called the Physiocrats or Qs economist's. Quesnay condemned government interference in the market, holding that, with few exceptions, it brought harm to society. PERSPECTIVE For the laissez-faire world...

Words: 2486 - Pages: 10

Premium Essay

Assess The Role Of Liberalism In Australia

...motives and values of Islamic extremist’s terrorism ideologies such as liberalism have responded in such a way that has had influence in response to these events. This inquiry is intended to answer the above statement through analysing the fundamental ideas and beliefs associated with liberalism as well as evaluating its effect abroad and domestically here in Australia. The response to global terror as a result of Islamic extremists...

Words: 1065 - Pages: 5

Free Essay

Paper

...Comparison of Political Parties The United States lives in a republic government, which is molded around a democracy. Within a democracy, there is a constitution which allows the citizens freedoms and rights. Within a democracy, the people have the choice in who represents them for an allotted time period. During this time those elected to office, make decisions on behalf of those who they represent. The purpose of this paper is to discuss three quotes given that are provided by three political parties, this paper will identify which party those quotes derived from. Next this paper will discuss the differences between conservatism, classical liberalism, and socialism. Unlike a democracy, conservatism, classical liberalism, and socialism have three different outlooks on the operation of how the government should operate. The first quote is; “We believe in the power and opportunity of America’s free-market economy. We believe in the importance of sensible business regulations that promote confidence in our economy among consumers, entrepreneurs and businesses alike” (CCRCC, 2012). The quote comes from the national Republican Party. The second quote; “our way we need to modernize and reform our economy for the long term, to deliver fairness at home, more competitiveness abroad, and strong regional growth” this quote comes from President Barrack Obama, which is related to the Democratic Party (Whitehouse, 2012). The third quote is; “Individuals should be free to make choices for...

Words: 634 - Pages: 3

Premium Essay

Essay on the Changing Role of Liberalism from 40s to 50s

...Callie Grant Chris Perreira Section A03 26 February 2013 Changing Tides The creation of the United States was founded upon the idea that a government that governs less governs best, however, in the early twentieth century it was necessary for the role of the government to expand for protection of liberty and fairness to continue. Under the motivation of President Franklin D Roosevelt, the ideas of government changed drastically from a rather distant relationship between the government and its people to one where executive power was used to meet the needs of the people. Consequently, almost every President, starting with Franklin D Roosevelt in 1933 to the present has slowly expanded the role of government to what we have today. The Federal Government as well as the Supreme Court changed its ideals increasingly about thoughts on interference in the lives of individuals as classical liberalism morphed into what is known as liberalism today. Through the onset of protective labor laws and the programs initiated by the New Deal a shift in the Democratic Party towards leftist ideals was recognized. With the United States emerging as a more industrialized nation, new laws were necessary to protect those subjugated to unsafe conditions, unfair wages and long work hours. In this change from a mostly agriculturally dominated society to a more industrialized one the development of a more dependent labor force was derived. These dependents were continually abused as the Supreme...

Words: 1462 - Pages: 6

Premium Essay

Liberalism And Anti-Terrorism

...costs and benefits of doing so. Liberalism states that they sought to further their own self-interest by asserting their sovereignty which they believed to be threatened by increasing Western involvement. The US and the rest of the international community responded by seeking conflict in Afghanistan, cooperating in order to further the long-term mutual interests of NATO and the UN's member nations by reinstating the international regime of anti-terrorism established by the UN (UN Actions to Counter Terrorism). Additionally, when examining the potential long-term benefits for joint international action (something that...

Words: 720 - Pages: 3