Economic freedom

Beach WW, Miles MA (2006) Explaining the Factors of the Index of Economic Freedom. In Miles MA, Feulner EJ, O Grady MA (eds) 2006 Index of Economic Freedom. The Heritage Foundation Dow Jones Company, Inc., Washington, D.C., pp 55-76... 

Marx probably meant that equality and freedom in the ancient world existed only at the political level, as the equality of free citizens. If so, this is "real freedom" at the level of the community, collective self-determination. This freedom is destroyed by the exchange economy, which, however, makes possible a new kind of economic freedom (4.2.2). Having made the point about this new freedom, Marx goes on to add a comment that may be understood as an assertion of lack of real freedom (at the individual level) ... 

E.g. The Arch-Enemy of Economic Freedom. What Banking isy 1943. 

Critical Question Do the countries listed below possess sufficient economic freedom that will allow substantial economic growth to take place over the next four decades (2010-2050) to generate a large consumer class ... 

The coxmtries listed above are the emerging markets and/or developing countries however, it would also be accurate to refer to these nine countries as xmderdeveloped economies, which begs the question - Why have these particular economies underperformed many other regions The answer has been categorized with an arbitrary quantitative analysis by Terry Miller and Kim R. Holmes in the Index of Economic Freedom [10]. 

According to this Economic Freedom analysis, which rated 179 out of 183 countries of the world in terms of ten measures of Economic Freedom, none of these nine xmderdeveloped coxmtries can be considered as free or mostly free economies. The results of the analysis by Miller and Holmes for these nine coxmtries are outlined in Table 1.13 in terms of decreasing economic freedom. 

Country World Rank Economic Freedom Value ... 

Economic Freedom Values are based on the following scale ... 

As discussed above, future growth of the global polyethylene industry will be primarily determined by an increase in the global consumer class, which will be driven by an improvement in the economic freedom in global underdeveloped countries. 

T. Miller, md K.R. Holmes, 2009 Index of Economic Freedom, available from heritage.org/index. 

Just as self-determination is often equated with political self-determination, economic development is often discussed under the general headline development. The United Nations are concerned with development, though it is development aimed at states and not at peoples as self-determination demands. Economic development touches on the system as such through the participation of the state in international economic organizations and in particular the power over one s own natural resources. The free disposal over natural wealth and resources is mentioned in art. 1 (2) ICCPR. The Human Rights Committee has stated that this is a particular aspect of the economic content of the right to self-determination. Art. 2 of the Charter of Economic Rights and Duties of States lists the economic freedoms a state has. The article explains economic state activities however, it does not explicitly address economic development. Art. 7 places the prime responsibility for economic development on the state. Art. 1 firmly places decisions on the economic system within the state in accordance with the will of the people no interference or coercion fi om external actors may take place. 

Freedom and security are two widely shared human values. We understand that economic freedom allows corporations to develop innovative products, to match those products to our desires as consumers, and to provide useful services at the least cost. But we also know that corporations have only one lawful goal —to maximize the return to their shareholders. We therefore desire the security of knowing that companies will not use their economic freedom irresponsibly to harm our families. Since corporations cannot be motivated by concerns for others insofar as they do not contribute to the bottom line, government must play a large role in providing for the economic and physical security of its citizens. Progressive activists may therefore weave a narrative around the shared... 

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