Friday, October 4, 2019
Causal Analysis Essay Example | Topics and Well Written Essays - 500 words
Causal Analysis - Essay Example Thus, economic freedom characterized by an individual's increased autonomy in making decisions regarding his income and an increase in wealth-creating opportunities made available to him; is an important means to achieving political freedom because of its dispersing effect in the concentration of power (Freidman 9). Friedman illustrates this through historical evidence where capitalism, an economic arrangement focused on free markets and economic freedoms, effectively restricted centralized power from abusing its control on the political and civil liberties of citizens (10). Hence, individuals who experience economic freedom through controlling the means of production and owning private property are given a share in the political power of that society, taking power away from the central government. This shift in power structure creates incentives for governments to give in to demands for civil and political liberties, creating the necessary conditions to achieve political freedoms an d democracy (Friedman 11). Economic freedom is therefore a necessary cause of political freedom and democracy.
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