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hijacking of the term to describe a political philosophy<br />

that is antithetical to its original meaning.<br />

LIBERALISM AND CRONYISM<br />

John Locke, an early liberal thinker, used the concept of<br />

self-ownership as a foundation for developing his political<br />

philosophy. 2 People own themselves, Locke argued,<br />

and therefore own their labor. When people combine<br />

their labor with unowned resources, the product of their<br />

labor becomes their property. Locke established a moral<br />

foundation for the market economy based on the political<br />

foundation of individual rights. The idea of individual<br />

rights is generally accepted in the twenty-first century,<br />

but it was a revolutionary idea when Locke put it forward<br />

in the seventeenth century. The Founding Fathers often<br />

cited Locke’s ideas as the intellectual foundation for the<br />

American and French Revolutions that followed toward<br />

the end of the eighteenth century. 3<br />

The revolutionary nature of Locke’s liberal ideas<br />

becomes apparent when contrasted with the ideas of<br />

Thomas Hobbes, who wrote a few decades earlier that the<br />

only way to escape from a life of anarchy, where life would<br />

be “nasty, brutish, and short” and a war of all against all,<br />

was to establish a society where everyone obeyed the<br />

rules of the sovereign. 4 The sovereign was the political<br />

ruler, and could be a king, a dictator, or a democratically<br />

elected government. Hobbes argued that whatever the<br />

form or ruler, everyone had to obey the government to<br />

prevent chaos and anarchy. In Hobbes’s view, the government<br />

granted rights and people were obligated to obey<br />

the government’s rules. Locke, however, saw a world<br />

LAYING A FOUNDATION 7

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