Re: Economic Freedom vs Social justice
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Economic Freedom and Social Justice are one in the same.
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It's easy to see that the above is not true by just imagining if we let economic freedom go to the extreme.
How long would it take for monopolies to arise in every industry? Once monopolies arise, they can raise prices and lower wages at will since there are no government regulations. How could that lead to a socially just society?
Economic Freedom does not equal freedom. A person working at barely subsistence wages is not free to quit their job even if there is no law against quitting.
Freedom means the ability to do something without coercion. The threat of starvation, even the threat of poverty, is a type of coercion.
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