1. 19th Century isms

2. Blame
The revolutionary zeal of the Fr Rev was blamed on enlightened ideals such as equality, constitutionalism, and national pride
Those who upheld these ideals were called ‘liberals’
Thus, liberalism was born

3. Conservatism: Enemy of the liberal
Conservative = advocates status quo or a return to the old traditional ways

4. Most Importantly, Conservatism places State Interests above Individual Interests

5. 19th Century Liberalism Liberal = advocate of change
Two ‘branches’ of 19th century liberalism
Capitalism and laissez-faire
(Classical Liberalism)
Socialism

6. Most Importantly, Liberalism places Individual Interests above State Interests

7. Capitalism Little to no government intervention in business
Private property rights
‘Short term misery for long term gain’

8. Adam Smith Supported laissez-faire economics
‘Father of Capitalism’ (classical liberalism)
Invisible Hand concept
Private property

9. Socialism Advocates government intervention in business Support worker
Numerous approaches:
Christian
Utopian
Scientific
Fabian

10. Karl Marx Scientific Socialism
Historical phases
Proletariat vs capitalist
Alienation and exploitation
Bloody revolution
Communism as final stage

11. Side Note… In 20th century America…
Conservative means less gov’t and advocates classical liberal ideas
Liberals are often seen as advocates of government intervention