Economic Freedom

Collectivism literally (in the most literal sense) destroys liberty. The word “capitalism” dehumanizes liberty by placing the focus on capital, material wealth separated from its owner and any act of earning it. The term “free market” dehumanizes liberty by inventing an aggregate concept separated from actors, who make individual buying and selling decisions to improve quality of life. Nobody sympathizes with the concept of a market. Even if we were to shift the focus to “free people” that would still be an injustice, because people (the collective) cannot be free. The concept of people is still impersonal. The proper term that humanizes the concept to enable it to elicit sympathy for an economic system based on liberty is “free persons”. That is, the economic system based on liberty is not capitalism (inhuman), the free market (inhuman), or even free people (impersonal). That economic system is properly called free persons or freedom.

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