Does capitalism promote or undermine individual freedom?

Does capitalism promote or undermine individual freedom? Compare and contrast Milton Friedman and David McNally’s arguments and their respective conceptions of capitalism, individual freedom, and the relationship between them.

Is the contemporary system of global capitalism heading into the biggest
“progress trap” in human history as described by Ronald Wright? How are global
problems such as climate change or economic inequality within or between
countries characteristic of the progress trap as discussed by Wright? Reflecting
on arguments from Wright’s book or the film, Surviving Progress, explain how the
ideology of progress might prevent us from seeing progress traps and what we
might do to avoid their worst impact.

2. Does capitalism promote or undermine individual freedom? Compare and
contrast Milton Friedman and David McNally’s arguments and their respective
conceptions of capitalism, individual freedom, and the relationship between them.
Friedman, M. 2010. “The Relation between Economic Freedom and Political
Freedom” in Capitalism and Freedom (15-26). University of Chicago Press.
McNally, D. (2011). “Chapter 5- Debt, Discipline, and Dispossession: Race,
Class, and the Global Slump” in Global Slump (113-145). Fernwood Press.

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