The Rise of Conservative Capitalism

Ideological Tensions within the Reagan and Thatcher Governments

Dados Bibliográficos

ID2107628
AutoresKenneth R Hoover (University of Wisconsin–Parkside, autor correspondente)
Ano1987
Volume29
Fascículo2
Páginas245-268
Data de publicação1987-04-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoComparative Studies in Society and History (JOURNAL)
Identificadores do periódicoISSN: 0010-4175 • E-ISSN: 1475-2999
EditoraCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0010417500014493
OpenAlexW2120735167
IdiomaEN
Citações recebidas10
Referências citadas23

The phrase liberal capitalism has occasionally been used in contemporary political criticism to lump together the ideological approaches of nonsocialist political parties and to suggest that there are few significant differences among those who generally support a market-based political economy. C. B. Macpherson, in an influential essay entitled The Real World of Democracy (1965), argues that 'by admitting the mass of the people into the competitive party system, the liberal state did not abandon its fundamental nature; it simply opened the competitive political system to all the individuals who had been created by the competitive market society.' As a first approximation then, liberal capitalism appears to stand for a combination of rational contractualism, utilitarian individualism, and the laissez-faire economics of Adam Smith

Capitalism · Classical liberalism · Criticism · Democracy · Economics · Ideology · Individualism · Liberalism · Market economy · Neoclassical economics · Political economy · Political science · Politics · Sociology · Law · Political and Economic history of UK and US