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How did social reformers such as Edward Bellamy, Henry George, and the Knights of Labor conceive of liberty and freedom differently than the proponents of the liberty of contract and laisse faire like Herbert Spencer and Andrew Carnegie Which of these g - Essay Example

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How did social reformers such as Edward Bellamy, Henry George, and the Knights of Labor conceive of liberty and freedom differently than the proponents of the liberty of contract and laissez-faire like Herbert Spencer and Andrew Carnegie? Which of these groups was successful in…
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How did social reformers such as Edward Bellamy, Henry George, and the Knights of Labor conceive of liberty and freedom differently than the proponents of the liberty of contract and laisse faire like Herbert Spencer and Andrew Carnegie Which of these g
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How did social reformers such as Edward Bellamy, Henry George, and the Knights of Labor conceive of liberty and freedom differently than the proponents of the liberty of contract and laisse faire like Herbert Spencer and Andrew Carnegie Which of these g

Download file to see previous pages... While the economy can operate on the basis of capitalism where individualism and private property are the basis of creating wealth, it can also operate on the basis of collectivity, where communism and pooling of the labor and output together forms the basis of wealth accumulation for the society. In this respect, the social reformers such as Edward Bellamy, Henry George, and the Knights of Labor conceived the freedom and liberty to entail the rights of the laborers to earn better wages, work for a few hours and have a legal tender mechanism from the government that was not under the control of the banks1. On the other hand, the proponents of the liberty of contract and laissez-faire like Herbert Spencer and Andrew Carnegie conceived the liberty and freedom to entail individualism and private property ownership as the basis of creating and then sharing wealth in the society2. Nevertheless, this discussion holds that the proponents of the liberty of contract and laissez-faire like Herbert Spencer and Andrew Carnegie were more successful in imposing their vision on the wider society, compared to the social reformers.
Pooling resources together, such as collective labor and collective sharing of the outcome of labor seems to be a very alluring position for creating freedom and liberty. This is owing to the fact that this vision seeks to ensure that everyone in the society is relatively equal to the other, in the manner of generation and distribution of wealth3. This vision would be achieved through the establishment of institutions that are co-operative; productive and distributive4. In addition, the vision would entail the establishment of a social order where the laborers have the lien over the property they help to generate and accumulate, over the owners of the factors of production. Such principles seem to be very compatible with the concepts of freedom and liberty, owing to the ...Download file to see next pagesRead More
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