Encyclopedia of Opinion
Question
What are the pros and cons of Liberalism?
Position‹2 of 2

The drawbacks of Liberalism

There are many disadvantages to Liberalism. Without checks and balances, corporations can take advantage of workers and sectors. Additionally, there can become an over-dependence on Liberalism as well as cultural issues from pushing Western values on people who do not want them.

Supporting arguments · 2

  1. Market inconsistency
    Free markets naturally have economic recessions. These painful events occur often. For example, there have been seventeen notable economic recessions in the United States, including, most famously, the Great Depression.
  2. Unfair wages
    Market-based wages tend to promote unfair working wages. With a free market, employers can pay their employees as they deem fit. Unfortunately, this can lead to employers taking advantage of their employees.