Wednesday, March 10, 2010

Radical Capitalism

Logan H asks a good question: What is Radical Capitalism?

Most think it is laissez faire capitalism. However, I argue it goes beyond this. All of the authors for this course believe that liberty is a value that cuts across both the economic and political spheres. What makes these authors radicals that they advocate the maximal amount of liberty for individuals and that they see that all of our liberties are connected. This is the major theme of Friedman's Capitalism and Freedom and Rand's Atlas Shrugged.

Robert Nozick makes a very good point in Anarchy, State and Utopia: Liberty upsets patterns. If being conservative is preserving traditional patterns then liberty is quite radical. In this sense Radical Capitalist may be redundant, but it does signify that the most radical ideas are those that consistently promote individual liberty across all spheres of human conduct.

No comments:

Post a Comment