Sunday, December 27, 2020

Walter Williams on Individual Liberty

 He appeals to the authority of the founders too much, but his logic is always spot on. Hand salute, again, Dr. Williams, on the journey.

On the other side of the coin from limited government is individual liberty. The Founders understood private property as the bulwark of freedom for all Americans, rich and poor alike. But following a series of successful attacks on private property and free enterprise—beginning in the early 20th century and picking up steam during the New Deal, the Great Society, and then again recently—the government designed by our Founders and outlined in the Constitution has all but disappeared. Thomas Jefferson anticipated this when he said, “The natural progress of things is for liberty to yield and government to gain ground.”

"Ironically, the free market system is threatened today not because of its failure, but because of its success. Capitalism has done so well in eliminating the traditional problems of mankind—disease, pestilence, gross hunger, and poverty—that other human problems seem to us unacceptable. So in the name of equalizing income, achieving sex and race balance, guaranteeing housing and medical care, protecting consumers, and conserving energy—just to name a few prominent causes of liberal government these days—individual liberty has become of secondary or tertiary concern."


https://imprimis.hillsdale.edu/future-prospects-for-economic-liberty/?utm_campaign=williams&utm_medium=email&_hsmi=101929147&_hsenc=p2ANqtz-_7Xid2e4YvUwbiTjrmw2xXJfrmqurfhpWDcYSOULhZa6PD5GENDtXckseLMDURb4szR5W3KFI3lBpJpBJAg8BFOkBbVA&utm_source=housefile

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