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An Internal Critique of Friedmans Concept of Freedom

# 138108
To commence, Friedman argues that there can be no political freedom without economic freedom. He states at one point that "the kind of economic organization that provides economic freedom directly, namely, competitive capitalism, also promotes ...
750 words (approx. 3 pages) | 2 sources | 2008 | United States
Published on: Jan 01, 2008

Paper Summary:

To commence, Friedman argues that there can be no political freedom without economic freedom. He states at one point that "the kind of economic organization that provides economic freedom directly, namely, competitive capitalism, also promotes political freedom because it separates economic power from political power and in this way enables the one to offset the other" (Friedman and Friedman 9). In Friedman's view, the key feature of the market organization of economic activity is that it effectively prevents one person from interfering with another person with regards to most activities; for instance, the consumer is protected from coercion initiated by the seller because there exist other sellers (within a free market system) with whom the consumer can deal (Friedman and Friedman 14). With a free market within which every person can pursue the thing or things he or she wants, it becomes possible to limit the ability of the government to tell individuals what they should - or should not - want and do; in other words, economic freedom gives every person a real choice and that reduces the need for the state, via acquiescing to the will of the majority, to do the decision-making for private citizens (Friedman and Friedman 15). As Milton Friedman sees it, the free market asks of government only that it serve as an impartial arbiter and rule-maker; it is not its job to force the individual person to do things he or she does not wish to do (24-25).

From the Paper:

An internal critique of Friedman's concept of freedom based on a study of R.H. Tawney's equality To commence, Friedman argues that there can be no political freedom without economic freedom. He states at one point that "the kind of economic organization that provides economic freedom directly, namely, competitive capitalism, also promotes political freedom because it separates economic power from political power and in this way enables the one to offset the other" (Friedman and Friedman 9). In Friedman's view, the key feature of the market organization of economic activity is that it effectively prevents one person from interfering with another person with

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APA Citation:

An Internal Critique of Friedmans Concept of Freedom (2012, April 01). Retrieved May 25, 2012, from http://www.academon.com/Essay-An-Internal-Critique-of-Friedmans-Concept-of-Freedom/138108

MLA Citation:

"An Internal Critique of Friedmans Concept of Freedom" 01 April 2012. Web. 25 May. 2012. <http://www.academon.com/Essay-An-Internal-Critique-of-Friedmans-Concept-of-Freedom/138108>




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