The first source directly supports and promotes the concept of Welfare State, and how it enables people to pursue their own ideals and individual greatness, though Economic Equality and John Maynard Keynes’ system of Keynesian Economics are there to provide a safety net for those who are unsuccessful in their individual endeavours. Also, it is stressed that people cannot find their own happiness and “cannot be free if they are beset by fear and security”, showing distaste for authoritarian governmental styles that revolve around fear and power control, such as one-party states like present-day North Korea and Germany from the era of Adolf Hitler. Through the source, Liberalistic principles such as Individual Rights & Freedoms are supported with negative connotations in regard to oppression “by reason of race, creed or color”. Economic Freedom and Human Rights are also being emphasized by referring to allowing people to “develop their individual capacities”, and additionally with the allowance to “receive just awards for their talents and to engage in the pursuit of happiness”. Specifically with the discussion of the “pursuit of happiness”, it can be said that Utilitarianism is also being suggested, considering that the creator of Utilitarianism, Jeremy Bentham, believed that the best thing for the people is to promote as much happiness in the people as possible.
Source II expresses its negative opinion of Socialism, as well as the entire Left wing of the political spectrum, by stating that Collective and Socialistic ideals are simply to take from the wealthy and provide to the less fortunate. Also, through the heavily opinionated statement, “Assuming that production occurs by magic”, The source speaks of the lack of productivity for creating amenities that the people need, resulting in “domestic poverty” as a relentless form of economic recession and “spread[ing] hunger around the globe”. Though few supported concepts of Liberalism can be derived from direct quotations in the source, it is implied that principles that stimulate the economy through individualistic views are being emphasized, such as Economic freedom and Individual Rights & Freedoms, as well as aspects such as Competition through the thought that the source is negatively commenting about socialism being responsible for “taxing the producers and subsidizing consumers”.
In the final source, the political cartoon blatantly supports Capitalistic ideals through the direct promotion of Economic Freedom, as well as the negative feedback toward Economic Equality through the people in the cartoon’s disgust for everybody receiving a profit during the described “economic boom”. Through this, the people portrayed in the cartoon receive no rise in the economic hierarchy, creating the basis for their dissatisfaction. Even though no individual is being placed in economic deficit, the men depicted are still not content, due to the fact that they have no profit in comparison to the people around them in their society, and possibly in the business industry that they may reside in.
All three sources have basic similarities in the sense of promoting the allowance for people to provide for themselves and move themselves upward on the economic ladder through the principle of Economic Freedom, whether it would be for the purpose of making the people happy, obtaining a profit, or just plain avoiding the values of socialism. Though their purposes may be varied, all the sources describe their opinions in that Economic Freedom is a quality in an economic style that is used to benefit the people by allowing everybody to practise their own tactics toward climbing the financial ladder. Regardless of why the sources have motive to point out the usefulness of Economic Freedom, however, is irrelevant, because they all underline the basic thought of giving every individual the chance at greatness and financial glory, so long as the individual takes the chance and works towards his or her own benefit.
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