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Socialism And The Have-Nots: Source Analysis

1200 Words5 Pages

Source one refers to the ideological perspective of Modern Liberalism; it is promoted by explaining that without principles such as welfare state, human rights, health care and education, it sets more barriers between people causing them to have individualistic ideals. Ms. Rita Chen suggests that rather than leaving economic growth to be controlled by people, it would be more beneficial and efficient if the government were to control the economy and preventing barriers set between people. By leaving the people alone to do what they want, as it is done in a capitalist system, the separation between each person are sure to be extreme and will inevitably cause hardships and adversities for the society and their people. Instead, the source suggests …show more content…

The author of this source has a conservative background by acknowledging the difference in classes by the “Haves” and the “Have-nots.” It is portrayed in the source that the author believes that socialist ideals are child-like and are impossible because they just assume that the production of goods is occurring by magic and not mentioning the hard work. The author believes that human labor is the only way to produce goods, and the hierarchical system actually works. Many individuals with capitalist ideologies would believe that government intervention infringes on their personal freedoms. The source would be in support of classical liberalism, as it would agree with the old ideals of pursuing one’s freedom and having individual rights. What the source critiques, specifically, is a combination of collectivism, socialism and modern liberalism. Modern liberalism, while similar to classical liberalism, allows for more government intervention with the economy, which a far-right capitalist would be in strong disapproval of. Collectivism is the belief that people are stronger together and must work with one another to lead to a prosperous society. Socialism, in that same regard, supports government regulation in the economy and less value of individualism over collectivism. Individualism, however, believes that people are at their best when they are able to pursue their own beliefs and goals through hard work and dedication without hindered by the plights of others. Therefore, this clearly portrays that classical liberalism is in fact supporting the values of capitalism and encouraging individualism and promoting self-interest over others. This source is compatible with classical liberalism because it rejects government involvement in the market, supports individualist ideologies, individualist beliefs and

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