According to Milton Friedman, how are capitalism and freedom related?
9 important questions on According to Milton Friedman, how are capitalism and freedom related?
Give a one-sentence exam answer on the link between capitalism and freedom.
Give a simple example that shows how capitalism protects freedom.
What key benefit does Friedman see in competitive capitalism for freedom?
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Why does Friedman think a fully socialist (planned) economy is dangerous for freedom?
Is capitalism enough by itself to guarantee political freedom?
- You can have capitalism without full political freedom (e.g. dictatorships with markets).
- But you cannot have stable political freedom without some form of market economy.
How does economic freedom help protect political freedom?
What is Friedman’s main claim about capitalism and freedom?
- Economic freedom is a part of individual freedom.
- Economic freedom is also a necessary condition for political freedom.
How is economic freedom itself a kind of freedom?
If the state controls these choices, you are less free, even if you can still vote.
What are the two roles economic freedom plays for Friedman?
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