Liberalism vs Socialism

8 August 2016

There have been many ways man has lead man throughout history. Some chaotic and involved a lot of blood. Others have lead society into greatness and peace. One form of government is liberalism which comes from the word of freedom, liberty. There are two types of liberalism, classical and modern liberalism. Classical liberalism contains roots from Jock Locke of the seventeenth century and Adam Smith of the eighteenth century. Modern liberalism had been tinkered and modified by theorists like Jane Adams and T. H. Green.

Another type of government is socialism which was introduced around the early nineteenth century. Socialists view was meeting basic needs of the entire society, thus the name socialism. Two types of socialism include Marxism-Leninism and social democracy. There are key differences between classical and the new defined modern liberalism. In classical liberalism, the people are more important than the state. People have their own rights and the sole purpose of government is to protect and enforce that. Individuals are capable of making their own decisions which makes them capable of autonomy.

Liberalism vs Socialism Essay Example

One of the big differences is the outlook on economy. Economic inequality is great, it encourages those at the bottom of the economy to work harder which is the fuel of our economy. That encourages immigrants with nothing to get to the top of the economy. Classical liberalism also encourages the economic freedom to freely sell services. Modern liberalism looks at economics from a social point of view. There should be welfare to help those with lower incomes, that way there is more equality in the social workforce.

Their views on government are that it should be involved with individuals and social life to prevent people from denying freedom to others. Modern liberalism looks at liberty from a broader view. It seeks out ways to hone human potentials and contribute to the society. Socialism’s approach to government may be seen as the opposite of liberalism. Instead of fitting the needs of individuals, it fits the needs of the society as a whole. There are two views of socialism, Marxism-Leninism and social democracy.

Marxism-Leninism is about having a centralized vanguard party and that there is no need to be ran through a peaceful and lawful political participation. As for social democracy, socialism is run through a peaceful and lawful political participation. Democracy and socialism in this view run very consistently with each other. Social democracy’s view of politics is about equality. Government promotes economic equality no more or less than it promotes political equality. Marxism-Leninism does not run political equality the same as social democracy. Their development of capitalism is influenced by imperialism.

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