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Classical liberalism has helped my businesses and factory to prosper because the economy is now thriving. The industrial revolution has also helped me and family to become richer.
The economy is now roaring with businesses and the government couldn't be any delighted. Classical liberalism is the best thing that has ever happened.
We are shown that not all aspects of classical liberalism can be embraced. There needs to be a change for how workers, women, and children are treated. For our workers we can take into consideration welfare capitalism. The rights of workers need to be considered. This can be done through insurance.
I'm six years old and I have to work at a factory to feed my family . The work is very dangerous and I'm paid next to nothing. Somebody help!
We demand better working condition!
A middle ground must be found to ensure the economic protection of the working class and the principles of economic freedom by great men like Adam Smith.The only people benefiting from this system is the government and entrepreneurs.
We as chartists believe that these undesirable effect's of classical liberalism need to change. There needs to be universal suffrage, and not just for the rich.
As a women in this classical liberal society im not seen as equal. We are considered a supply for cheap labour.
Some aspects of classical liberalism are beneficial because it encourages individual rights and freedoms, to be exercised in the individual's self interest. It also promotes economic freedom and ownership of private property. But.....
there needs to be some form of fairness. We could embrace an aspect of welfare capitalism where workers are protected and granted some form of insurance, so that everybody is able to benefit.
Classical liberalism was able to promote many aspects economic freedom, self interest, and personal rights and freedoms. But this doesn't mean that it was suitable for everyone. It was only beneficial for nouveau riche. This goes to show that the lower class, women, and children need some form of protection in our society and that not every aspect can be embraced. Some ideas like feminism, chartism, and labour unions can help to better everyone in our society.
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