by Summary:
One of the great political changes of my adult lifetime has been the right’s abandonment of free market economics, as illustrated by the government imposing trade frictions within the UK and putting up the tax burden to what the OBR says will be “its highest level since Roy Jenkins was Chancellor in the late 1960s.” Two books I’ve read recently pose a question: might this shift be due in part to an awareness that markets are no longer the foundation of freedom we once thought they were?...Interesting contrast between libertarians of the right like Friedman, Hayek and Thatcher, and libertarians of the left, here Marx in particular.Libertarians of the right assume that freedom is the highest value and that freedom is maximized in a market economy under freed market capitalism. Libertarians
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One of the great political changes of my adult lifetime has been the right’s abandonment of free market economics, as illustrated by the government imposing trade frictions within the UK and putting up the tax burden to what the OBR says will be “its highest level since Roy Jenkins was Chancellor in the late 1960s.” Two books I’ve read recently pose a question: might this shift be due in part to an awareness that markets are no longer the foundation of freedom we once thought they were?...Interesting contrast between libertarians of the right like Friedman, Hayek and Thatcher, and libertarians of the left, here Marx in particular.Libertarians of the right assume that freedom is the highest value and that freedom is maximized in a market economy under freed market capitalism. Libertarians
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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One of the great political changes of my adult lifetime has been the right’s abandonment of free market economics, as illustrated by the government imposing trade frictions within the UK and putting up the tax burden to what the OBR says will be “its highest level since Roy Jenkins was Chancellor in the late 1960s.” Two books I’ve read recently pose a question: might this shift be due in part to an awareness that markets are no longer the foundation of freedom we once thought they were?...Interesting contrast between libertarians of the right like Friedman, Hayek and Thatcher, and libertarians of the left, here Marx in particular.
Libertarians of the right assume that freedom is the highest value and that freedom is maximized in a market economy under freed market capitalism. Libertarians of left assume that freedom is the highest value but that freedom is maximized in a socialist society with genuine democracy, that is, governance of, by and for the people, with a strong bill of rights to protect minorities from the tyranny of the majority.
https://stumblingandmumbling.typepad.com/stumbling_and_mumbling/2021/10/markets-and-freedom.html