Economy Flashcards
1
Q
Locke
A
Governments’ only role is to protect property, therefore there should be laissez-faire economics. Individuals should have the rights to their fruits of labour and so private property is a natural right.
2
Q
J.S. Mill
A
Laissez-faire capitalism is best for promoting individual freedom and enterprise.
3
Q
Rawls
A
Free-market capitalism encourages the greatest profit-making; however, the profits made from this should be fairly distributed with the most vulnerable being assisted.
