The growing influence of the state throughout the western world, buttressed by technological development and a crisis of confidence in the capitalist system is shaping up as a major threat to personal freedom.
The genius of capitalism is that through the system of risk and reward, within a framework of secure borders, an independent legal system, and respect for personal property rights, it has provided the means for the genuine needs of billions of individuals to be met.
Already a subscriber? Log in
Subscribe for just $2 a week
Try a month of The Spectator Australia absolutely free and without commitment. Not only that but – if you choose to continue – you’ll pay just $2 a week for your first year.
- Unlimited access to spectator.com.au and app
- The weekly edition on the Spectator Australia app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk
Comments
Don't miss out
Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.
SUBSCRIBEAlready a subscriber? Log in