Liberalism a political thoery... essays

Liberalism a political thoery... essays Liberalism is a political theory that maintains the rationality of human nature. Assuming that humans are reasonable and freethinking should be given the opportunity to fulfil their economic potential. Liberalism rational view on human nature lends itself to the economic theory of capitalism. In this essay I will attempt to prove the veracity of this statement. Firstly, Liberalism allows young entrepreneurs to start their own business, but that includes many taxes. Capitalism also allows entrepreneurs to start their own business, but with as little interference as possible. In both political theorys we are free to have control on our life, though liberalism favors the help of government in ones life for economic or health issues, (social insurance, welfare) capitalism on the other hand lets you be in TOTAL control of your life, lending you no help. Both governments supply matters of law. Secondly, Both these political ideologies favor the profit motive. Were you can start your own business at your risks. But in the case of liberalism you can have a bankruptcy protection plan supplied to you by the government. Thirdly, The laws of supply and demand are the same for both ideologies; the producer offers a price, while the consumers try bargaining the price for their own good. The more customers want, the more you have to produce and you are free to do this without a quota. Fourthly, Both government theories have sub-divisions for each sector for example: health, education, foreign affairs etc. These divisions are made so that the power is divided within the government so that the power is not given to one individual in particular. In both theorys you have a right to elect each and every member of government. Leaving much room so that the voices of the people can be heard. Finally to conclude, Liberalism and Capitalism both share common points in theory. Weather it is the way government is divided,...