LearnLiberty

Posts tagged capitalism

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It is often said that supporters of free markets are also pro-business, but Professor Horwitz argues that this isn’t always the truth. In a free market, competition encourages businesses to vie for consumer dollars by providing the best quality goods at the lowest prices. The result is innovation and consumers that benefit. Pro-business measures, on the other hand, encourage the inefficient practices of big businesses. Additionally, they present barriers to entry for new businesses, so that consumer choice is limited. Which is pro-people?

(Source: learnliberty.org)

Filed under free market business capitalism economics big business

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In the United States we are fortunate to have the right to vote. But is this enough to grant each individual full autonomy? What if the democratic process decided on one religion or occupation for all, but gave each citizen an equal vote? Professor Jason Brennan explains why the right to vote does not necessarily mean the right to control one’s own life – and how we can work towards gaining that control.

Watch our NEW video: Who Needs Economic Freedom When You Can Vote?

(Source: learnliberty.org)

Filed under capitalism democracy freedom voting economics economic freedom political freedom rights