Finanzas

Private property is the best guarantee of economic freedom



Economic freedom will never have a static definition throughout history. It is government and society that defines thisfreedom, and thus, it is ever changing, for government and society. Economic freedom must also be analyzed from the perspective of the individual, of which there are many types. Race, creed, gender andreligion are all defining factors in the hierarchy of society and play an important role in an individual’s framework in society and government. A progression of economic opportunity can be found inthis country.



It tends that the nature of an economy and democratic society is derived from the majority voting class, and until the 1810′s and 20′s, the only registered voting class in Americaconsisted of white, male landowners. So, until nearly the mid-19th century, financial opportunity or independence was nearly inaccessible for single women, blacks and immigrants. By the 1830′s due toan expanding electorate and the growth of cities, America’s economy in the north turned to an industrial one. Immigrants, free blacks, and for the first time, women, were all common in theworkforce. Gradually, as voting rights expanded to include all men, black men, and finally women, the American economy began to consist of unskilled or semiskilled workers outside the home. The means bywhich to earn a living became available to nearly everyone in the north. Not until the end of the Civil War and era of reconstruction did economic opportunity find as broad a platform in the AmericanSouth as it had in the North. As Booker T. Washington stated, in order for a prosperous economy to develop in the South, blacks, must have economic opportunity to avoid the creation of an immobile,lower class draining on the economy as a whole.



Society plays an important role in the economic freedom of individuals. In the 18th and early 19th centuries it was socially unacceptable....