Economics
CAPITALISM AND FREEDOM
ITIS WIDELY BELIEVED that politics and economics are separate and largely unconnected; that individual freedom is a political problem and material welfare an economic problem; and that any kind of political arrangements can be combined with any kind of economic arrangements. The chief contemporary man- ifestation of this idea is the advocacy of "democratic socialism" by many who condemn out of hand the restrictions on individ- ual freedom imposed by "totalitarian socialism" in Russia~ and who are persuaded that it is possible for a country to adopt the essential features of Russian economic arrangements and yet to
ensure individual freedom through political arrangements
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