ABSTRACT

The loss of autonomy suffered by the average individual in a free enterprise economy is probably greater than it would be in altered circumstances where either the 'economic rent' an individual could command for his scarce talents was regulated, or where limits were imposed on the extent of his holding. The position's supporters hold that government power and activity must be reduced if individual autonomy is to be promoted. They believe as well that not only will greater economic liberty enhance overall autonomy for those individuals, it will also produce significant material enrichment all round. Unless restrictions are imposed on the economic liberty of individuals the autonomy of others will be jeopardised. But the loss of autonomy by some may serve as a ground for gains by others, just as the abolition of slavery reduces the autonomy of slave-owners, but, in doing so, enhances that of former slaves.