PHIL215 Chapter Notes -Conscience Vote, John Locke, Totalitarianism
17 Oct 2013
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The role of business in a free democracy. Free democracy is important for businesses to run. A democracy in which everyone gets a free vote. Usually the wealthiest people are those with 1) special skills or 2) good fortune. Declaration of independence -->> life, liberty and the pursuit of happiness. You need property rights and a free democracy to be happy. Property is something owned, you can use it, give it or own it. Property rights with legal values are important for economic freedom. Capitalism is built off of social system where free trade is protected. What we own we trade, what we legally own, we legally trade . Socialism little private property, everything is owned and distributed by the government. Joke: the difference between capitalism, socialism, and totalitarian communism. Totalitarism government takes the cows and shoots you. Socialism government takes the cows and lets you milk them. Capitalism you have two cows, and you sell one for a bull.
