Liberalism is Enduring and Urgent

10 Pages Posted: 13 Dec 2018

See all articles by Chris Berg

Chris Berg

RMIT University - School of Economics, Finance and Marketing

Date Written: April 1, 2018

Abstract

Liberalism is a philosophy of political economy that offers enduring principles about how we should seek to interact in groups and in human society more generally. Far from being outdated or archaic, those principles offer more convincing and powerful responses to our current challenges than any competing philosophy. While populism claims to offer straight-forward solutions to some of the difficulties of globalisation, it offers only half-hearted remedies for weaknesses in the operation of representative democracies, and populism has little capacity to reckon with the wave of technological changes set to revolutionise the global economy. Liberalism, by contrast, is uniquely suited to clarify and tackle these challenges. It offers coherent responses to globalisation, dissatisfaction with representative institutions, and technological change. This is not to say that all is well in the house of liberalism. There is an opportunity, if not to reconstruct, then to refresh and retarget liberal thinking on these issues.

Keywords: liberalism, technology, democracy, populism

JEL Classification: P10, P16

Suggested Citation

Berg, Chris, Liberalism is Enduring and Urgent (April 1, 2018). Available at SSRN: https://ssrn.com/abstract=3288334 or http://dx.doi.org/10.2139/ssrn.3288334

Chris Berg (Contact Author)

RMIT University - School of Economics, Finance and Marketing ( email )

Level 12, 239 Bourke Street
Melbourne, Victoria 3000
Australia

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