Freedom is thought of in economics as the freedom of want. A want is a socialized version of a need. We may need to be sheltered from the elements but we may want a house. The need is for shelter, the want is for the house. The fundamental principle of economics is freedom. Freedom of want. You are free to want anything that you can imagine. The very engine of modern economies is based on this freedom.
However, a larger freedom, a more fundamental freedom is freedom from want. That has not happened for people anywhere in the world. Where I live and everywhere I travel I see people in need. They are not free. They are working very hard to make ends meet. They are not free from even their basic wants: food, safety, a future for their children.
We must focus on this larger sense of freedom. True freedom is freedom from want not freedom of want.
Posted by Abhay Burjor Ghiara at 5/11/2014