Vladimir Okhotnikov on Economic Freedom

Exploring the roots of economic freedom, Okhotnikov highlights the concept's origins in the 18th century by Adam Smith and its earlier echoes in the 14th century with Ibn Khaldun. Business freedom, deeply rooted in philosophical concepts like Taoism, shapes our understanding of the universe based on freedom, moral principle, and inner integrity.


Evolving from Taoism, modern libertarianism adapts and transforms these fundamental values. However, the envisioned full liberalization has not proven to be a universal solution. The transition from early capitalism to the present model has seen challenges in realizing genuine business freedom.

Okhotnikov urges an objective examination of business freedom, questioning the extent of the perceived choice within capitalism. Despite the notion of freedom, countless laws and regulations impose pressure on businesses, with some deemed harmful to the public good.

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