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Opposing Government intervention in Economic Liberalism

Attempts to reform health care in the United States have always been met with profound skepticism by the average American. While in many European countries, public health care is viewed preferably or – at the least – less ominously, Americans view government intervention in developing health care programs as an affront to their freedoms. The greater the government intervention, the greater the compromise of the economic liberalism that made America become the most prosperous nation in history. Opposing government intervention in economic liberalism has become a cornerstone argument defending “traditional American values” which espouses the virtues of free enterprise and the breakdown of protectionist barriers on the macro and micro levels of the marketplace. Neoclassical economists argued that individuals were inherently rational in that their goal is always to maximize their utility and minimize their losses. To opponents of government intervention in the market,
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Tags: free market in economy, critics of economic liberalism, neoclassical against state intervention, Neoclassic, government intervention, liberalism government intervention, government intervention neoclassicism