Presents the theoretical and practical arguments for liberalism.
The term comes from the Latin word 'liber' (free). Mises defines
liberalism as 'the liberal doctrine of the harmony of the rightly
understood interests of all members of a free society, founded on
the principle of private ownership of the means of production'. The
foundation of liberalism, Mises says, rests on an understanding and
appreciation of the institution of private property, social
cooperation, the freedom idea, ethics and morality, democracy and
the legitimate role of government. Liberalism is not a political
party. The liberal program offers no special privileges to anyone;
it aims at securing equality under law for everyone, so as to allow
equal opportunity to all human beings to make their own choices and
decisions. The role of government should be limited to protecting
the lives, property, and freedom of its citizens to pursue their
own ends and goals. Hardback editions are also available.
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