Part one of term paper
was the dominant ideology of capitalism during the periods of eighteenth century. It view was widely accepted. It said that government should just sit back and watch business so they do not cheat the government also to enforce contracts. The classical had many creeds they were Psychological, economic, and ,political. Each view has its ...

Part two of term paper
... were motivated by the desire for pleasure and to avoid pain. Jeremy Bentham believed pleasure differ in intensity but there was no qualitative difference. He argued that "quality of pleasure being equal, to a pushpin is as good as poetry," The theory he is trying to say about human motivation is that the we are lazy and selfish A big part of classical liberalism is that we are coldly calculating. Being coldly calculating means that when a situation comes about we dissever what will mak ...