Economic Freedom and Political Freedom
Is it possible that economic freedom and political freedom can exist in isolation from one another in the sense that any political arrangement can be coupled with any economic system? It is believed so by some, and usually by two types:
- "Socialist democrats" believe that a state run, centrally planned government can guarantee individual freedom through political action; and
- Totalitarian governments who believe that, by allowing a limited amount of economic freedom, that their population will be sufficiently comfortable to endure single authority rule.
2014/10/24 User:Jeff
Is it possible that economic freedom and political freedom can exist in isolation from one another in the sense that any political arrangement can be coupled with any economic system? It is believed so by some, and usually by two types:
- "Socialist democrats" believe that a state run, centrally planned economy can be run by a government that guarantees individual freedom through political policy; and
- Totalitarian governments who believe that, by allowing a limited amount of economic freedom, that their population will be sufficiently comfortable to endure single authority rule.
Those who believe in the first of these usually consider "material" considerations to be beneath them and of little importance; a view often held by intellectuals.
Material for this article comes chiefly from four authors, [Milton Friedman], [F.A. Hayek], [Charles Murray], and [George Gilder]. We also rely on the writings of [John Kenneth Galbraith] and [John Maynard Keynes]. Proper references are made when possible. Otherwise, we admit to plagiarizing freely from them. Few ideas in this article are original to CW and we will are careful to conceal it when they are.
Further, CW claims no economic expertise of a technical nature.
