Freedom of Enterprise

The freedom of enterprise overlaps to a great extent private property. With the improved money one may work at whatever one wishes so long as one's work does not deprive others of their rights. One's use of private property as a part of one's work is not limited, if it is within the law. The ability to work at whatever one wishes will be greatly increased by the ease of getting capital and the lack of unemployment.

Freedom of consumer choice of luxuries is complete so long as it is not limited by government action. Capital goods are not consumer goods. Freedom of choice concerning them is not consumer choice. The user of capital goods has freedom of choice about whether they will accept a good or not and the owner of goods, whether consumer goods or capital goods, has freedom of choice regarding whether and to whom they will give them. One can also ask any owner of capital goods to give them up. The person asking has no guarantee that the owner of the goods will consent to give up the goods. This is similar to the fact that one cannot demand that someone else sell them a particular good unless there are unusual circumstances.

Necessities are so simple that there is very little range of variation within which to choose. Sometimes there will be no choice at all with necessities. As a compensating factor, luxury goods can be bought which will meet one's needs so that if one doesn't like the free necessities one can go buy some luxuries to take their place.

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