The philosophy of economic liberty is that an economic system where individuals are free to make their own choices and reap the rewards of their efforts and penalties of their decisions is both more productive for all and morally superior to one that makes the collective decision to enforce greater equality of economic result.
This philosophical judgment at the core of all their beliefs is what separates the two great parties of America.
Democrats believe that economic equality is good and seek its enforcement, and Republicans believe that economic liberty is better and support the freedom that requires. Each believes that the other's judgement is evil. Of course, only one side requires the use of force to achieve its goals, but never mind that.
Today in the Wall Street Journal today, the Editors point out that all four times since World Two that the left acquired sufficient power it lurched toward a collective economy.
Also in the Wall Street Journal today, Shelby Steele argues that Barack Obama sought to redeem us from our own evil judgement for freedom and against coercion.
Yesterday, the Gallup Survey told us that the American electorate is now more Republican than ever, a huge shift that can only be the result of The Redeemer's party's policies and actions, and that will shortly remove the keys to the economic car they found idling by the side of the road and joy rode to economic disaster and their own oblivion.