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Manchester Liberalism

Manchester Liberalism (also called the Manchester School, Manchester Capitalism and Manchesterism) comprises the political, economic and social movements of the 19th century that originated in Manchester, England. Led by Richard Cobden and John Bright, it won a wide hearing for its argument that free trade would lead to a more equitable society, making essential products available to all. Its most famous activity was the Anti-Corn Law League that called for repeal of the Corn Laws that kept food prices high. It expounded the social and economic implications of free trade and laissez-faire capitalism. The Manchester School took the theories of economic liberalism advocated by classical economists such as Adam Smith and made them the basis for government policy. It also promoted pacifism, anti-slavery, freedom of the press and separation of church and state.[1]

Manchester background Edit

Manchester was the hub of the world's textile manufacturing industry, and had a large population of factory workers who were disadvantaged by the Corn Laws, the protectionist policy that imposed tariffs on imported wheat and therefore increased the price of food. The Corn Laws were supported by the land-owning aristocracy because they reduced foreign competition and allowed landowners to keep grain prices high. That increased the profits from agriculture as the population expanded. However, the operation of the Corn Laws meant that factory workers in the textile mills of northern England were faced with increasing food prices. In turn, mill owners had to pay higher wages, which meant that the price of finished goods was higher and the foreign trade competitiveness of their products was reduced.

Anti-Corn Law League Edit

Mercantilism holds that a country’s prosperity is dependent on large exports, but limited imports of goods. At the beginning of the 19th century, trade in Britain was still subject to import quotas, price ceilings and other state interventions. That led to shortages of certain goods in British markets, in particular corn (grains usually requiring grinding, most often, but not always wheat).

Manchester became the headquarters of the Anti-Corn Law League from 1839. The League campaigned against the Corn Laws, which it said would reduce food prices and increase the competitiveness of manufactured goods abroad. Manchester Liberalism grew out of that movement. That has led to the situation seen in modern Britain, where the country benefits from less expensive food, imported from trading partners, and those partners in turn benefit from less expensive goods imported from Britain, in a system of globalised cooperation in production.

Manchester Liberalism has a theoretical basis in the writings of Adam Smith, David Hume and Jean-Baptiste Say.

The great champions of the Manchester School were Richard Cobden and John Bright. As well as being advocates of free trade,[2] they were radical opponents of war and imperialism, and proponents of peaceful relations between peoples. The "Little Englander" movement saw little benefit in paying taxes to defend colonies such as Canada, which contributed little trade to Manchester manufacturers and could not supply their main raw material of cotton.[3] Manchesterism can therefore be seen as a belief in free and consensual relations amongst individuals and groups at all levels.[citation needed] Cobden's efforts to promote free trade were always instrumental in what he deemed the highest moral purpose, i.e. the promotion of peace on earth and goodwill among men.[citation needed]

Terminology Edit

In January 1848, Conservative Benjamin Disraeli first used the term "the Manchester School".[4] According to historian Ralph Raico and as indicated by the German liberal Julius Faucher in 1870, the term "Manchesterism" was invented by Ferdinand Lassalle (the founder of German socialism) and was meant as an abusive term.[5]

See also Edit

Notes and references Edit

  1. ^ Wallace (1960)
  2. ^ Palen, Marc-William (9 February 2020). "Marx and Manchester: The Evolution of the Socialist Internationalist Free-Trade Tradition, c.1846-1946". The International History Review. 43 (2): 381–398. doi:10.1080/07075332.2020.1723677. hdl:10871/40832. ISSN 0707-5332. S2CID 213110700.
  3. ^ Smith, Andrew (2008). British Businessmen and Canadian Confederation: Constitution Making in an Era of Anglo-Globalization. McGill-Queen's Press - MQUP. pp. 24–27. ISBN 9780773575004.
  4. ^ M.G. Wiebe (ed.) Benjamin Disraeli Letters: Volume Five 1848-1851, p. 131, Letter to Prince Metternich.
  5. ^ Raico, Ralph (2004) Authentic German Liberalism of the 19th Century Ecole Polytechnique, Centre de Recherce en Epistemologie Appliquee, Unité associée au CNRS

Further reading Edit

  • Bresiger, Gregory. "Laissez Faire and Little Englanderism: The Rise, Fall, Rise, and Fall of the Manchester School," Journal of Libertarian Studies (1997) 13#1 pp 45–79. online
  • William Dyer Grampp, The Manchester School of Economics (Stanford: Stanford University Press, 1960), the standard scholarly history
  • Wallace, Elisabeth. "The Political Ideas of the Manchester School," University of Toronto Quarterly (1960) 29#2 pp 122–138

manchester, liberalism, also, called, manchester, school, manchester, capitalism, manchesterism, comprises, political, economic, social, movements, 19th, century, that, originated, manchester, england, richard, cobden, john, bright, wide, hearing, argument, th. Manchester Liberalism also called the Manchester School Manchester Capitalism and Manchesterism comprises the political economic and social movements of the 19th century that originated in Manchester England Led by Richard Cobden and John Bright it won a wide hearing for its argument that free trade would lead to a more equitable society making essential products available to all Its most famous activity was the Anti Corn Law League that called for repeal of the Corn Laws that kept food prices high It expounded the social and economic implications of free trade and laissez faire capitalism The Manchester School took the theories of economic liberalism advocated by classical economists such as Adam Smith and made them the basis for government policy It also promoted pacifism anti slavery freedom of the press and separation of church and state 1 Contents 1 Manchester background 2 Anti Corn Law League 3 Terminology 4 See also 5 Notes and references 6 Further readingManchester background EditManchester was the hub of the world s textile manufacturing industry and had a large population of factory workers who were disadvantaged by the Corn Laws the protectionist policy that imposed tariffs on imported wheat and therefore increased the price of food The Corn Laws were supported by the land owning aristocracy because they reduced foreign competition and allowed landowners to keep grain prices high That increased the profits from agriculture as the population expanded However the operation of the Corn Laws meant that factory workers in the textile mills of northern England were faced with increasing food prices In turn mill owners had to pay higher wages which meant that the price of finished goods was higher and the foreign trade competitiveness of their products was reduced Anti Corn Law League EditMercantilism holds that a country s prosperity is dependent on large exports but limited imports of goods At the beginning of the 19th century trade in Britain was still subject to import quotas price ceilings and other state interventions That led to shortages of certain goods in British markets in particular corn grains usually requiring grinding most often but not always wheat Manchester became the headquarters of the Anti Corn Law League from 1839 The League campaigned against the Corn Laws which it said would reduce food prices and increase the competitiveness of manufactured goods abroad Manchester Liberalism grew out of that movement That has led to the situation seen in modern Britain where the country benefits from less expensive food imported from trading partners and those partners in turn benefit from less expensive goods imported from Britain in a system of globalised cooperation in production Manchester Liberalism has a theoretical basis in the writings of Adam Smith David Hume and Jean Baptiste Say The great champions of the Manchester School were Richard Cobden and John Bright As well as being advocates of free trade 2 they were radical opponents of war and imperialism and proponents of peaceful relations between peoples The Little Englander movement saw little benefit in paying taxes to defend colonies such as Canada which contributed little trade to Manchester manufacturers and could not supply their main raw material of cotton 3 Manchesterism can therefore be seen as a belief in free and consensual relations amongst individuals and groups at all levels citation needed Cobden s efforts to promote free trade were always instrumental in what he deemed the highest moral purpose i e the promotion of peace on earth and goodwill among men citation needed Terminology EditIn January 1848 Conservative Benjamin Disraeli first used the term the Manchester School 4 According to historian Ralph Raico and as indicated by the German liberal Julius Faucher in 1870 the term Manchesterism was invented by Ferdinand Lassalle the founder of German socialism and was meant as an abusive term 5 See also Edit Greater Manchester portal Economics portalBirmingham School other contemporary school associated with British industrial capitalism British Whig Party Michel Chevalier Thomas ThomassonNotes and references Edit Wallace 1960 Palen Marc William 9 February 2020 Marx and Manchester The Evolution of the Socialist Internationalist Free Trade Tradition c 1846 1946 The International History Review 43 2 381 398 doi 10 1080 07075332 2020 1723677 hdl 10871 40832 ISSN 0707 5332 S2CID 213110700 Smith Andrew 2008 British Businessmen and Canadian Confederation Constitution Making in an Era of Anglo Globalization McGill Queen s Press MQUP pp 24 27 ISBN 9780773575004 M G Wiebe ed Benjamin Disraeli Letters Volume Five 1848 1851 p 131 Letter to Prince Metternich Raico Ralph 2004 Authentic German Liberalism of the 19th Century Ecole Polytechnique Centre de Recherce en Epistemologie Appliquee Unite associee au CNRSFurther reading EditBresiger Gregory Laissez Faire and Little Englanderism The Rise Fall Rise and Fall of the Manchester School Journal of Libertarian Studies 1997 13 1 pp 45 79 online William Dyer Grampp The Manchester School of Economics Stanford Stanford University Press 1960 the standard scholarly history Wallace Elisabeth The Political Ideas of the Manchester School University of Toronto Quarterly 1960 29 2 pp 122 138 Retrieved from https en wikipedia org w index php title Manchester Liberalism amp oldid 1170002075, wikipedia, wiki, book, books, library,

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