In studying the nature and dynamics of political economy , various pointors come into play , which makes its analysis and interpretation more hard than what it appears to be . Economics can be related to the tender and cultural character of society similarly , it is also influenced by political structures and movements that occur within society . In fact it is this frugals- government relationship that social scientist /economist Milton Friedman analyzed in his creative work Capitalism and Freedom (1962In Capitalism Friedman explicated on the inescapable interdependence between economics and politics - specifically , in his discussion and analysis , capitalist preservation and freedom . These two concepts , capitalism and freedom , be associated with both economics and politics : capitalism is primarily a concept that developed from the evolution of economic system from traditional to capitalist , while freedom is a concept that encompasses all dimensions that affect people s lives , may this be in the domain of the social , economic , or politicalMost big in Friedman s discussion is his effort to discuss how capitalism is dependent with power struggles (i .e , politics ) and freedom , in twine , is ca single-valued function primarily by politics and secondarily by the economy . Capitalism may seem to be a ` crybaby and egg evaluation of capitalism and freedom , wherein readers are confronted with the move , `which came first , capitalism or freedom However come along reading of Friedman s analysis highlighted the fact that politics drive economics , and he posited in Capitalism that in an individual(a) s attempt to preserve his /her freedom , economic decisions and acts are achieved , which ultimately drives economic structures and modifies in turn political structures dependent on the economyThis dissertation is discussed further when the author posed the questionThe free man pass on convey neither what his country can do for him nor what he can do for his country .
He will ask rather What can I and my compatriots do through disposal to help us discharge our individual responsibilities , to achieve our some(prenominal) goals and purposes and above all , to protect our freedomThis passage reflects the surgical operation that the individual undergoes when making a rational decision that will significantly influence both economics and politics . The individual s appraisal of the security of his /her freedom is a thought that encompasses both politics and economics . Thus , this thought marks the beginning of the effect of a rational action , wherein the individual will use his /her economic resource to preserve or action the freedom that embodies the core of the individual s being in the society . Upon the exercise of consuming or using the economic resource , a corresponding action will also be enacted not only by the individual , but other individuals and groups directly affected by the individual s actions . These `reactions could affect not conscionable the economic system , but also the political structures that are driven by economic movements . These political movements , in turn , will affect the individual , either through institution or a particular civil society actionThe process just illustrated demonstrates how the individual s need to preserve his /her freedom...If you want to fare a full essay, order it on our website: Ordercustompaper.com
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