Category: Society

This article provides information about the factors that led to the emergence of neo-liberalism: In the post-War period, even as the western states were realising the importance of welfare as an element in public policy, there was recognition of the need for slackening the role of the state in order to facilitate free movement of… Continue reading Factors that Led to the Emergence of Neo-Liberalism | Social Development

This article provides information about the role of state in a liberal economy: The role of the state in a liberal economy assumed a new dimension after the wide circulation of the influential writings of the English economist John Maynard Keynes. Keynes critiqued the liberal idea on the ground that an unregulated economy would tend… Continue reading Role of State in a Liberal Economy | Liberalism

This article provides information about the various conditions that led to the evolution of liberal state: In the nineteenth century, commercial interests in England were specifically geared to limit the powers of the state and to establish parameters within which business activity could remain more or less untrammeled.