The Revolution would have significant effects on the lives of slaves and free blacks as well as the slavery itself. It also affected Native Americans by opening up western settlement and creating governments hostile to their territorial claims.
Answer:
It means that slavery is a tyrannical system.
Explanation:
This sentence was written by Jean-Jacques Rousseau and was aimed at explaining slavery as something tyrannical and suffocating, which does not allow the responsibility and the rights of each man over himself, because it makes some men have too much power over others, while other men have no alternative but to completely obey the powerful, losing their freedom, autonomy and responsibility over themselves and their own actions.
The nation returned to isolationism
As I understand it, Laissez-faire ideology maintains that the "free market" is the best way to determine what businesses can and should do. This means that businesses, in competition with one another, should be free to determine their paths free from any government rules or regulations. The belief is that the competition among various businesses will ultimately result in the best outcomes for society in general - Adam Smith's "invisible hand". As part of this philosophy, workers should also be free to compete with each other and choose to work wherever they wish and this process will also result in the best results for the workers as well.
However, isn't there a huge assumption in this philosophy? Doesn't the whole justification of this belief depends on the condition that there is perfect competition and that any company and any worker have the equal ability to compete with one another?
What if there is no perfect competition? What if some companies have advantages - due to any of a whole array of reasons - that place them in a non-competitive position vis a vis their competitors? Without perfect competition then other companies are not necessarily able to compete with other companies that have certain advantages. If such a situation exists, then advantaged companies may have the ability to pursue a course that results in their private benefit, but not necessarily to the benefit of society as a whole. The same would apply to workers in that reduced competition among companies would result in decreased leverage for potential employees.
To recap, if the Laissez-faire ideology maintains the best economic policy for society as a whole, and it depends on there being perfect competition on an ongoing basis with minimal government intervention, doesn't it fall apart if there is less than the perfect competition?
