Female Bylines

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October 8, 2008

Does the Free Market Corrode Moral Character?

by Ayaan Hirsi Ali, American Enterprise Institute, USA - There is little consensus on what is moral, let alone on what corrodes morality. A man of faith measures moral character by one's ability to abide by the demands of his God. A socialist might measure moral strength by one's dedication to the redistribution of wealth. A liberal--by which I mean a classical, Adam Smith or Milton Friedman liberal, not a liberal in its American meaning of "pro-big government"--might be religious, and he might see the merits of income equality, but he will always put freedom first. This is the moral framework to which I subscribe.

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