Dollarization & Latin America: Quick Cure or Bad Medicine?

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Language: English

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Sucheconomic individualism is usually based upon a belief that the unrestrained pursuit of profit willultimately lead to general benefit. We have basic rights that government cannot take away: life, liberty, and property gave classic liberalism its final element: free competitive markets A large underclass of very poor is created, with a small class of the very wealthy Manufacturing firms use "free goods" such as air and fresh water as they wish, creating shortages and pollution Companies can damage public safety by bad practices, e. g., melamine in infant formula from China Believes liberalism places too much faith in rationalism: individuals are venal, irrationally passionate Rely on society's institutions and traditions that have developed over a long period; not perfect, but they work Avoid too much centralization of government; local issues should be decided locally to extent possible Green emphasized need for positive freedom.

Pages: 180

Publisher: LACC Center UM; 1ar edition (2002)

ISBN: 1879862204

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