Lecture 11: Interventionism

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Lesson

Interventionism is the government stepping in to regulate a capitalistic economy.

Outline

Social Ethics

Part 6

VI. Interventionism

A. Definition of Interventionism

B. The Great Depression

1. Blamed on capitalism

2. Four basic myths

a. Instability of free-market economies

b. Unbridled capitalism in 1929

c. Herbert Hoover was a champion of capitalism.

d. Roosevelt's interventionism solved the Depression.

C. Social Security

D. Alternative to Social Security

E. Two basic reasons for poverty

1. External reasons

2. Internal reasons

Assessment

	Name	Description
1	Christian Ethics - 11	Christian Ethics - 11

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Duration

26 min