Monthly Archives: October 2021

Democracy

            The idea of democracy, like the idea of capitalism, promises much, though the reality always falls short. The promise is of wide participation in government, free and open competition among diverse groups, self-determination. Democracy offers the vision of individuals … Continue reading

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From Modernization to Globalization

Modernization is a major social scientific theory that emerged in the 1950s to explain different levels of development in the world’s societies. Although the roots of modernization theory developed in the response of nineteenth-century American and European intellectuals to industrialization, … Continue reading

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Liberalism

          Liberalism refers to a system of thought that focuses on the good of the whole of society as opposed to its neglect in the service of the restricted few. Liberalism began at a time of rejection of traditional feudal … Continue reading

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Laissez Faire

Laissez-Faire, a French phrase that means literally “let do” meaning “let a person alone,” was applied to economics by English and French thinkers of the seventeenth and eighteenth centuries. The phrase generally applies to the same conditions in modern as … Continue reading

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Conservatism

Conservatism is a system of thought that focuses upon upholding traditional values, social structure, government, and economic systems. Conservatives hold specific views about the role of government in the economy and the value of democracy. Conservatives have sometimes been suspicious … Continue reading

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