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Ideas of Micklethwait,J/Wooldridge,A, by Text

[British, fl. 2014, Editors of Bloomberg News in Washington.]

2014 The Fourth Revolution
1 Intro p.27 Roman law entrenched property rights
     Full Idea: Roman law entrenched property rights.
     From: Micklethwait,J/Wooldridge,A (The Fourth Revolution [2014], 1 Intro)
     A reaction: Normally attributed to Locke, so this is a good corrective. Was the principle gradually forgotten before Locke?
3 p.69 The welfare state aims at freedom from want, and equality of opportunity
     Full Idea: In the classical liberal tradition freedom meant freedom from external control, and equality meant equality before the law. In the welfare state (of Beatrice Webb) freedom was reinterpreted as freedom from want, and equality as equality of opportunity.
     From: Micklethwait,J/Wooldridge,A (The Fourth Revolution [2014], 3)
     A reaction: The authors call this the 'third revolution' in government, after 17th century centralisation and early 19th century accountability. Tawney 1931 is the key text.
3 p.70 Fans of economic freedom claim that capitalism is self-correcting
     Full Idea: The central laissez-faire conceit is that capitalism is a self-correcting mechanism.
     From: Micklethwait,J/Wooldridge,A (The Fourth Revolution [2014], 3)
     A reaction: This was Keynes's rather left-wing criticism of standard capitalist views. These resurfaced in the 1980s with mantras about the virtues of 'market forces'.
3 p.71 For communists history is driven by the proletariat
     Full Idea: For the communists the proletariat rather than the state was the locomotive of history.
     From: Micklethwait,J/Wooldridge,A (The Fourth Revolution [2014], 3)
     A reaction: I feel increasingly reluctant to support any party which appears to mainly represent the interests of a single social class, no matter how large that class may be. An attraction of liberalism is that it makes no reference to class.
9 p.224 Classical liberalism seeks freedom of opinion, of private life, of expression, and of property
     Full Idea: The classical liberals agreed on a basic list of freedoms: of opinion (including religion), of private life, of expression, and of property
     From: Micklethwait,J/Wooldridge,A (The Fourth Revolution [2014], 9)
     A reaction: Mill is main articulator of this. Modern neo-liberals focus on economic freedom. Neither of them seem to make freedom of opportunity central, though I suspect our modern Liberal Party would.