Classical liberalism is a political tradition and a branch of liberalism that advocates free market and laissez-faire economics and civil liberties under the rule of law, with special emphasis on individual autonomy, limited government, economic freedom, political freedom and freedom of speech. Classical liberalism, contrary to liberal branches like social liberalism, looks more negatively on social policies, taxation and the state involvement in the lives of individuals, and it advocates deregulation.
The labor theory of value (LTV) is a theory of value that argues that the exchange value of a good or service is determined by the total amount of "socially necessary labor" required to produce it. The contrasting system is typically known as the subjective theory of value.
Socialism is an economic and political philosophy encompassing diverse economic and social systems characterised by social ownership of the means of production, as opposed to private ownership. It describes the economic, political, and social theories and movements associated with the implementation of such systems. Social ownership can take various forms, including public, community, collective, cooperative, or employee. As one of the main ideologies on the political spectrum, socialism is considered the standard left wing ideology in most countries of the world. Types of socialism vary based on the role of markets and planning in resource allocation, and the structure of management in organizations.
Karl Marx's theory of alienation describes the estrangement of people from aspects of their human nature as a consequence of the division of labour and living in a society of stratified social classes. The alienation from the self is a consequence of being a mechanistic part of a social class, the condition of which estranges a person from their humanity.
In Marxist philosophy, the term commodity fetishism describes the economic relationships of production and exchange as being social relationships that exist among things and not as relationships that exist among people. As a form of reification, commodity fetishism presents economic value as inherent to the commodities, and not as arising from the workforce, from the human relations that produced the commodity, the goods and the services.
A Red Tory is an adherent of a centre-right or paternalistic-conservative political philosophy derived from the Tory tradition. It is most predominant in Canada; however, it is also found in the United Kingdom, where it is more commonly known as one nation conservatism. This philosophy tends to favour communitarian social policies, while maintaining a degree of fiscal discipline and a respect of social and political order. It is contrasted with "Blue Tory" or "High Tory". Some Red Tories view themselves as small-c conservatives.
Labour power is the capacity to do work, a key concept used by Karl Marx in his critique of capitalist political economy. Marx distinguished between the capacity to do work, i.e. labour power, and the physical act of working, i.e. labour. Labour power exists in any kind of society, but on what terms it is traded or combined with means of production to produce goods and services has historically varied greatly.
David Goodhart is a British journalist, commentator and author. He is the founder and a former editor of Prospect magazine.
Postliberalism is an emergent political philosophy that critiques and seeks to move beyond the dominant liberal paradigm of the late 20th and early 21st centuries. Proponents argue that liberalism, with its emphasis on individual rights, free markets, and limited government, has failed to adequately address societal challenges such as economic inequality, environmental degradation, social alienation, family breakdown, and a perceived loss of community and social cohesion.
In classical political economy and especially Karl Marx's critique of political economy, a commodity is any good or service produced by human labour and offered as a product for general sale on the market. Some other priced goods are also treated as commodities, e.g. human labor-power, works of art and natural resources, even though they may not be produced specifically for the market, or be non-reproducible goods. This problem was extensively debated by Adam Smith, David Ricardo, and Karl Rodbertus-Jagetzow, among others. Value and price are not equivalent terms in economics, and theorising the specific relationship of value to market price has been a challenge for both liberal and Marxist economists.
Liberalism is a political and moral philosophy based on the rights of the individual, liberty, consent of the governed, political equality, right to private property and equality before the law. Liberals espouse various and often mutually warring views depending on their understanding of these principles but generally support private property, market economies, individual rights, liberal democracy, secularism, rule of law, economic and political freedom, freedom of speech, freedom of the press, freedom of assembly, and freedom of religion. Liberalism is frequently cited as the dominant ideology of modern history.
Blue Labour is a British campaign group and political faction that seeks to promote blue-collar and culturally conservative values within the British Labour Party – particularly on immigration, crime, and community spirit – while remaining committed to labour rights and left-wing economic policies. It seeks to represent a traditional working-class approach to Labour politics.
Maurice Glasman, Baron Glasman is an English political theorist, academic, social commentator, and Labour life peer in the House of Lords. He is a senior lecturer in Political Theory at London Metropolitan University, Director of its Faith and Citizenship Programme and a columnist for the New Statesman, UnHerd, Tablet and Spiked. He is best known as a founder of Blue Labour, a term he coined in 2009.
Tangled Up in Blue: Blue Labour and the Struggle for Labour's Soul is a 2011 politics book by the journalist and Labour councillor Rowenna Davis. The work tracks the emergence of Blue Labour, a movement within the UK Labour Party which seeks to promote active citizenship and to champion traditional community values. While Davis does describe Blue Labour's ideas and policy recommendations, the book focuses on political relationships and the roles these played in Blue Labour's development. In particular the book is concerned with Lord Glasman and his relationships with other academics, strategists, and politicians – especially David and Ed Miliband. The work is Davis's first book.
Jiang Qing is a contemporary Chinese Confucian. He is best known for his criticism of New Confucianism, which according to him, deviated from the original Confucian principles and is overly influenced by Western liberal democracy. He proposes an alternative path for China: Constitutional Confucianism, also known as Political Confucianism, or Institutional Confucianism, through the trilateral parliament framework.
Democratic socialism is a left-wing set of political philosophies that supports political democracy and some form of a socially owned economy, with a particular emphasis on economic democracy, workplace democracy, and workers' self-management within a market socialist, decentralised planned, or democratic centrally planned socialist economy. Democratic socialists argue that capitalism is inherently incompatible with the values of freedom, equality, and solidarity and that these ideals can only be achieved through the realisation of a socialist society. Although most democratic socialists seek a gradual transition to socialism, democratic socialism can support revolutionary or reformist politics to establish socialism. Democratic socialism was popularised by socialists who opposed the backsliding towards a one-party state in the Soviet Union and other nations during the 20th century.
Exploitation is a concept defined as, in its broadest sense, one agent taking unfair advantage of another agent. When applying this to labour, it denotes an unjust social relationship based on an asymmetry of power or unequal exchange of value between workers and their employers. When speaking about exploitation, there is a direct affiliation with consumption in social theory and traditionally this would label exploitation as unfairly taking advantage of another person because of their vulnerable position, giving the exploiter the power.
The proletariat is the social class of wage-earners, those members of a society whose possession of significant economic value is their labour power. A member of such a class is a proletarian or a proletaire. Marxist philosophy regards the proletariat under conditions of capitalism as an exploited class forced to accept meager wages in return for operating the means of production, which belong to the class of business owners, the bourgeoisie.
Inventing the Future: Postcapitalism and a World Without Work is a 2015 monograph by Nick Srnicek and Alex Williams, published by Verso Books.
Adrian Pabst is a German religious scholar and political scientist who has published numerous books and essays on the role of ethics and religion in politics since 2009 as a professor at the University of Kent.
