ECONOMIC FREEDOM, NEOLIBERALISM AND MORALITY: FROM JOHN LOCKE TO ROBERT NOZICK Cover Image

ECONOMIC FREEDOM, NEOLIBERALISM AND MORALITY: FROM JOHN LOCKE TO ROBERT NOZICK
ECONOMIC FREEDOM, NEOLIBERALISM AND MORALITY: FROM JOHN LOCKE TO ROBERT NOZICK

Author(s): Boshko Karadjov
Subject(s): Economy
Published by: Факултет за Бизнис Економија
Keywords: economic freedom; neoliberalism; fiscal slavery; economic statism; freemarket; minimal state; distributive justice.

Summary/Abstract: In this scientific article we will focus on the moral foundations of economic freedom and neoliberalism through the prism of the political economies of John Locke and Robert Nozick. Through the analysis of their arguments about the minimal state and the ethical power of capitalism, we will try to emphasize the danger of new forms of economic statism such as crony capitalism, corporatocracy, fiscal ‘slavery’, legal robbery and government bailout, as well as the need for organized ideological and social resistance against the growing state consumption and state control of economic processes. We believe that a ‘slave’ can not be released until it understands the nature of its ‘slavery’, ie tax policy. Therefore, in this paper, we will point out this new nature of ‘slavery’, believing that this type of philosophical-economic reflections on the nature of ‘slavery’ (the morality of the taxation) is necessary if we want to exert political pressure for a lower (minimum) public spending and more responsible disposal of public funds. On the other hand, through the analysis of the Nozick theory of distributive justice and the connection between justice and the free market, we will try to answer questions about the ethical, political and economic nature of redistribution, unlimited capitalism and free market.

  • Issue Year: 9/2019
  • Issue No: 22
  • Page Range: 115-124
  • Page Count: 10
  • Language: English
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