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Economic Freedom as an Ideology*

There are two sides to economic freedom. It is a precondition for activating powerful psychological forces that stimulate human entrepreneurship and creativity, which allowed capitalism to effect the huge civilization leap made over the past 200 years. It has not been able, however, to control the destructive forces involved in competitive and hostile attitudes associated with conflicts of interests and the desire to maximize one’s own individual and group benefits. What is more, social processes that develop under economic freedom may have adverse influence on human relations and foster various social pathologies. There is also a rise in social inequalities, connected with the concentration of economic and, consequently, political power. The belief that there is a linear relationship between greater economic freedoms and improvement of productivity as well as in the quality of life in human societies has been only partly confirmed.