StudentShare solutions
Triangle menu
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Capitalism And Freedom - Essay Example

Nobody downloaded yet
Libertarians elevate personal freedom to the highest good-as an end to be achieved. Freedom is viewed as prerequisite to, and integral with, the achievement of any of man's goals. Libertarians defend each person's right to be protected against all forms of external aggression initiated by the state or by private individuals. A basic principle of libertarianism is that individuals have the right to live life as they choose, as long as their actions do not constitute an aggression against the freedom of others.
This non-initiation-of-force or nonaggression attitude is linked to the libertarian thought of self-ownership. Self-ownership means that one's possess decisions about what to do with one's life, possessions; body, energies, and speech are the decisions that matters. Since individuals are equivalent, not only does an individual own himself, every other person owns himself as well.
The self-ownership principle creates a zone of privacy and freedom of action for each individual. When dealing with others each person should respect them as equals in moral status and human dignity who have the right and responsibility to make their own decisions regarding their own life, property, body, energies, and speech.
Capitalist refuse the idea tha...
The state should therefore detain itself to the lowest essential to defend individuals in the way they opt to practice contentment. The appropriate state is therefore impartial with respect to its dedication to one or another beginning of pleasure or the good life. The job of the state should be restricted to providing the freedom that allows individuals to follow happiness or the good that each describes for himself.

Capitalism may be defined as a system of voluntary relationships within a lawful framework that protects individuals' rights against might, deception, theft, and contract violations. Advocates of capitalism change in their arguments for a social system that maximizes individual liberty and in their analysis with respect to the temperament of man and the universe. Underlying these separate views, though, is the requirement for freedom of the person to decide how he wants to incorporate himself into society. All consent that:

1. Freedom is the likely condition of the individual-each person from birth has the capability to think his own thoughts and manage his own energies in his labors to perform according to these thoughts.

2. Individuals are free to commence their own purposive act when they are free from man-made shackles-coercion by other individuals, groups of people, or the government; liberty is not the capability to get what one wishes-other non-man-made obstructions such as lack of ability, cleverness or resources may outcome as one's failure to achieve his wishes.

3. Freedom is essential but not an adequate condition for one's contentment.

It is not compulsory to first attain metaphysical or religious accord to agree on the appeal of a system in which individuals do not use aggression or deceit to ...Show more
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Capitalism And Freedom Essay Example | Topics and Well Written Essays - 2000 words”, n.d.)
Retrieved from https://studentshare.net/sociology/291576-capitalism-and-freedom
(Capitalism And Freedom Essay Example | Topics and Well Written Essays - 2000 Words)
https://studentshare.net/sociology/291576-capitalism-and-freedom.
“Capitalism And Freedom Essay Example | Topics and Well Written Essays - 2000 Words”, n.d. https://studentshare.net/sociology/291576-capitalism-and-freedom.
  • Cited: 0 times

Summary

Capitalism and freedom are indivisible. In our civilization we consider that human beings, only by good value of being human, possess the ability to apply freedom and the right to do so. Every person should be liberated to own property, select a job and a profession, worship, speak, move liberally within the society and to other societies, encourage and protect one's self-interest, convention, compete, generate, innovate, trade, and correlate with others.
Capitalism And Freedom
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Capitalism And Freedom"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Capitalism and Freedom - book review
The author argues that economic freedom is a major precondition for political freedom. The book is based on the United States perspective of a pure capitalist society. It is an insightful book that provides insight into economics and its relationship to freedom in addition to other economic aspects.
5 pages (1250 words) Book Report/Review
Capitalism: Market Failure
These economic systems are based on different philosophies. Capitalism focuses on free market and liberalization where every player has a right to earn profits. Government control and intervention is only nominal in capitalistic economy. Communism, on the other hand, aims at a classless society where everyone is equal and state is extremely strong.
8 pages (2000 words) Essay
Outline and Assess Karl Marx's Argument That Contradictions of Capitalism Will Eventually Lead to the Destructions of the Social
The study will analyze the relationships between the bourgeoisie and the proletariat in a capitalistic society. More specifically, the paper dwells on the arguments of Karl Marx that the contradictions of capitalism will eventually lead to the destruction of this social formation.
6 pages (1500 words) Essay
Did Marx think that capitalism is unjust
The main proponents of this philosophy were Karl Marx and Friedrich Engels. The theory of Marxism is based on the materialistic theories of Economics and productions. The four forces of production form the basis of this theory, namely, Land, Labour, Capital and Organisation.
6 pages (1500 words) Essay
Philosophy of Business/ Capitalism and Individulism
It helps both the proprietor and the workforce in accumulating purchase power. Individual investment such as share, debenture and equity bond yield mutual benefit for the shareholder in general and the
5 pages (1250 words) Essay
What is Liberal
ome conceptual confusion over what terms in the political lexicon one can use to describe a man like Friedman who held libertarian (fiscally conservative, socially liberal) political views throughout his established career. The tendency to want to call a man like Friedman a
4 pages (1000 words) Essay
Democracy: Freedom and Capitalism
The emphasized word is equality, as in of the people, as the word come from two Greek words meaning people and power. This is not synonymous to freedom at all, specifically political freedom. Political freedom is a main feature of
1 pages (250 words) Essay
Capitalism
Government plays a role in forcing companies to compete and control price fixing, gouging and other problems. Although most people tend to think of capitalism as a modern invention, its roots actually lay in ancient Greece and Rome where it reached a fairly high level of
2 pages (500 words) Essay
The economist Milton Friedman wrote, in his 1962 book Capitalism and Freedom, there is one and only one responsibility of business: to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of
However, aside from merely playing by the established rules, the leaders of an ideal company should also have the sense to question their own actions regarding important issues such as how their employees are treated and compensated
2 pages (500 words) Essay
Capitalism
In this context capitalism is considered as the necessary condition for political freedom, but it is more a notion that provides some check to the centralized power of the country. Scott (2011) states that
2 pages (500 words) Essay
Comments (0)
Click to create a comment
Let us find you another Essay on topic Capitalism And Freedom for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us