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Why creating wealth makes people free?

9/22/2012

1 Comment

 
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Economy is in the front row in our system, in the world wherein we live. We need money to live, to buy food or a roof. We need money to live freely. As Franklin D. Roosevelt has said: “True individual freedom cannot exist without economic security and independence”. People who earn money – workers, employers, entrepreneurs - create wealth, benefit of a certain economic security and independence, and strengthen the system by paying income taxes for example. So people who unfortunately cannot or don’t create wealth thus depend on what they can benefit from the system to live. When we depend on others, are we truly free?

CB
1 Comment
Knarta
10/2/2012 05:14:05 pm

I agree with this statement to some extend. In order to be free, we do need economic independance. Creating wealth is for an individual one way of achieving economic independence. But that is because most western countries live in a system where having a job, and therefore creating wealth, benefits to the individual as he/she will have a wage and aims for an increase of his/her income and therefore will achieve economic independance. The productivity of everyone combined helps the economy to grow and the standard of living of pretty much everyone increases with it. But in some radical communist system where the economy is "stuck" such as North Korea, most workers are paid on a fix wage most of their life which depends on the social class they belong in, and the shifts between class are almost impossible. In this case, where unemployment is almost inexistant, some could argue produce wealth could make one free as he/she can avoid a trip to a labour camp, but in general the production of wealth will not allow the economic independance to an individual in a system where he food, goods and nutrients are supplied through tickets.
In conclusion, creating wealth and therefore achieving economic independance will make one free as he can access to the goods and services he desires. But it can only work in a system where creating wealth will increase the standard of living and the growth of a country, which is capitalism

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