Liberal Forum

Cannonpointer » 16 Jul 2019 5:30 pm » wrote:

Str8tEdge » 18 Jul 2014 11:41 pm » wrote: Q.1. What is economic freedom?
Economic freedom is the fundamental right of every human to control his or her own labor and property.

That leaves out Singapore.

The people are not allowed to own property in Singapore.

In an economically free society, individuals are free to work, produce, consume, and invest in any way they please.

That leaves out Singapore. Their citizens are told by government how uch they can wager in a casino. They are not allowed to purchase bubble gum. They are told where they must invest their retirement savings and their health care savings, and how they must spend them.

If they contract an STD, they are not allowed to use theor own funds to be treated in the state run health care system.

In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself.

That leaves out Singapore. The government controls the labor union, which is an actual government department. It controls the largest single share of the market, and its agents dole out street canings to anyone caught chewing bubble gum.