Why do Libertarians believe that Every Individual Has the Right to Offer Free Goods?

When it comes to the economy, libertarians believe that every individual must have the opportunity to give free goods.

Aug 21, 2024 - 14:52
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Why do Libertarians believe that Every Individual Has the Right to Offer Free Goods?

The more the state “plans” the more difficult planning becomes for the individual.” “To produce the same result for different people, it is necessary to treat them differently. To give different people the same objective opportunities is not to give them the same subjective chance - Friedrich Hayek

Libertarian Perspective of the Economy

Libertarians believe in the power of the free market to improve lives, advocating for minimal government interference in business. They argue that our current economy suffers from crony capitalism, which benefits the wealthy and powerful at the expense of true market freedom. Libertarians support reducing regulations and taxes, seeing them as burdens that stifle innovation, job creation, and individual success. They believe the government's role should be limited to protecting property rights and ensuring a legal framework for voluntary trade, allowing businesses to thrive and people to succeed.

The recent union budget is one such where the salaried individuals are liable to a minimum of 5% taxes and it will increase as the salary range goes higher. This proposal has significantly posed a direct attack to the economic growth of an individual under the disguise of economic welfare.

Conclusion

When we look at it from a nutshell libertarians believe in the power of free markets and oppose capitalists led market. They beelive that economy must function where there is capital equality and not biases that create more disparity.

 

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