Limited government maximizes individual freedom from "summary" of Capitalism and Freedom by Milton Friedman
The fundamental principle that underlies the concept of limited government is that government power is inherently coercive. The power of government is ultimately the power to compel, to enforce conformity to a collective will. The more extensive the government power, the more limited the freedom of the individual. In a society where government power is limited, individuals are free to pursue their own ends, to make their own choices, to bear their own responsibilities. The role of government in such a society is strictly limited to the protection of individual freedom, to the enforcement of contracts, to the administration of justice. The maximization of individual freedom requires not only the limitation of government power but also the preservation of a sphere of voluntary exchange and interaction. In a free society, individuals are free to associate with one another, to cooperate, to engage in mutually beneficial exchanges. This voluntary cooperation is the foundation of a free society. When government power is limited, individuals are free to engage in these voluntary exchanges without int...
Similar Posts
Investment in public education is an investment in the future
Investment in public education is more than just spending money on schools and teachers. It is an investment in the future of s...
Rational choice
The concept of rational choice plays a crucial role in ethical and political theory. Rational choice theory assumes that indivi...
Outsourcing can benefit all parties involved
Outsourcing is a practice that involves one company hiring another company to perform certain tasks or provide services on its ...
Importance of selfreliance
Self-reliance is a cornerstone of individual sovereignty. It is the fundamental belief that one must be able to rely on oneself...
The pursuit of knowledge leads to a more just society
In the pursuit of knowledge, individuals are able to gain a deeper understanding of the world around them. Through education an...
The lack of punishment leads to increased criminal activity
The fundamental principle that underlies our criminal justice system is the concept of punishment as a deterrent to criminal be...
Power dynamics in society
Power dynamics in society are a central focus of political philosophy. It is the study of how power is distributed, exercised, ...
Education is vital for a successful future
In our modern society, the importance of education cannot be overstated. It is the foundation upon which individuals build thei...
