During the third part of this lecture, Stephen Hicks continues to present arguments against free market capitalism. This time, he focuses on the disputed capability of human beings to control their freedom – an argument that specifically supports paternalism. He speaks about the role that society has in the creation of wealth, based on the false premise of debt as a social condition. He also analyses the metaphysical aspects from the religious point of view. These ideas condemn any type of liberty and search obedience as a supreme value, which essentially collides with the ethics and morals of a free society, formed by responsible individuals.
On the Best Arguments Against Free Market Capitalism (Part III) Stephen Hicks
Student Center Building, CE-200 Universidad Francisco Marroquín Guatemala, November 5, 2011
A New Media - UFM production. Guatemala, January 2012 Camera/digital editing: Luis Barrueto; index and synopsis: Sergio Bustamante; content reviser: Sofía Díaz; publication: Claudia de Obregón, Sofía Díaz
This work is licensed under a Creative Commons 3.0 License Este trabajo ha sido registrado con una licencia Creative Commons 3.0
Stephen Hicks is professor of philosophy and executive director of the Center for Ethics and Entrepreneurship at Rockford College. He has been visiting professor of business ethics at Georgetown University, a visiting fellow at the Social Philosophy and Policy Center in Bowling Green, Ohio, and senior fellow at The Objectivist Center in New York. He is the author of Nietzsche and the Nazis, Explaining Postmodernism: Skepticism and Socialism from Rousseau to Foucault, Readings for Logical Analysis, and other books. Hicks received his bachelor's and master's degrees from University of Guelph and his PhD in philosophy from Indiana University.