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The Agenda of Liberalism

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Abstract

Walter Lippmann lays out the agenda of a renovated liberalism, centered around the market pricing mechanism and the need for State intervention (to finance national defense, social insurance, social services, education, and scientific research) that respects the functioning of market pricing mechanism. Several participants provide a positive response to the agenda Lippmann lays out, while others voice conceptual concerns.

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Notes

  1. 1.

    La collectivité refers in a general sense to the community , society, the State, and the (tax-paying) public , not the individual .

  2. 2.

    Here Auboin refers to the French State’s interventions to raise the domestic price of wheat. The creation of the Wheat Office, the Office national interprofessional du blé (ONIB) in 1936 led to an increase in the price of wheat through concerted intervention (see Moulin 1988, 150).

  3. 3.

    This likely refers to this section: “The new mode of production, since it was based on the profitable exchange of specialized labor, envisaged a social order based on the harmony of interest among widely separated but collaborating men and communities ” ( Lippmann 1938, 193). –Ed.

References

  • Lippmann, Walter. 2005 [1937]. The Good Society. Reprint, New Brunswick: Transaction Publishers.

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  • Moulin, Annie. 1992. Peasantry and Society in France Since 1789. Cambridge: Cambridge University Press.

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Reinhoudt, J., Audier, S. (2018). The Agenda of Liberalism. In: The Walter Lippmann Colloquium. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-65885-8_9

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