Jack Lawrence Luzkow
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Social equality
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Moral economy took precedence over the freedom to trade without hindrance. It was based on the human ability to feel the pain and pleasure of others, and to set that as a priority. Adam Smith did not believe that pleasure could or should be derived from self-love or "self-interested consideration". Only public virtue and right actions could reduce excess. The reduction of excess would lead to greater equality, and therefore greater happiness. Alexis de Tocqueville believed that American democracy could only be fulfilled if liberty was joined to equality. Tocqueville's conviction was clear enough; no democracy can long endure without social equality. Unlike modern neo-liberals, John Stuart Mill was convinced that setting limits to wealth, by establishing the principle of social equality, was the basis of the general wellbeing of society. In his essay, "Equality", Matthew Arnold noted that everyone in England defended equality before the law.

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The great forgetting

The past, present and future of social democracy and the welfare state


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