What is economic freedom if it causes people at the bottom of the rung to suffer more? At this point, it has become clear that true economic freedom is a self-serving game to those who are already in power, and they have no interest in caring for the rest of society.
Limiting the alarmingly rising levels of income inequality in the United States should be a top policy goal, certainly one that is more important that maximizing economic freedom. Fiscal conservatives believe that by simply letting the economy run its course, there will be more money for all. Experience shows this isn't the case.
I believe limiting income inequality is a more important social goal than maximizing economic freedom. People can not fuel the economy if they have no money to spend. It is like a game that needs to be reset every so often, especially with capitalism. The majority of the money is in a few peoples hands, the economy won't fix itself until that money is spread more evenly. Economic freedom is not as important as businesses would like to make you think.
The reason for this is because when there is so many systems set up to support inequality, there cannot ever be true economic freedom in the world. Economic freedom is when everyone has an even playing field and can all have the same chances and opportunities in their lives. This would be ideal.
Income inequality is a ploy used to win elections. Balancing a fre market system with regulations to keep a cleaner enviroment whe protecting the consumer from corporate irresponsibility. Many point to countries with more social programs as success in combating "income inequality" but do not mention the VAT taxes, higher taxation on all income and actual lower corporate tax rates than the USA.