Stephen Hicks explains the importance of free market capitalism by elucidating on its benefits, such as an improved standard of living for human beings through the effects of increased productivity and wealth. He describes how sciences like politics and philosophy are needed to defend liberty, as liberalism has already proven its point in an economic sense. In order to understand its entire scope, Hicks also points out the positive and negative cases for freedom. He speaks, as well, about the main ideas and ideologies like socialism, communism, and fascism, amongst others, that have been constantly in opposition with freedom because they respond to a determined morality, in most cases, inclined towards authoritarianism. He continues with this exercise while describing the present predominant intellectual currents in many parts of the world that collide against free market capitalism. Finally, he compels liberal advocates to focus their energy in favor of the case for a free society, which has evidenced to be the outmost ethical and moral system in regards to the individual.
Entrepreneurs and Philosophers: Why a Philosophy of Freedom Matters Stephen Hicks
Student Center Building, CE-200 Universidad Francisco Marroquín Guatemala, November 3, 2011
A New Media - UFM production. Guatemala, January 2012 Camera: Mario Estrada; 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.