Explore the worrying decline in human freedom worldwide, focusing on economic, personal, and civil freedoms. Examining the impact of the financial crisis, rise of populism, and the pandemic. Highlighting the deterioration of economic freedom in the United States. Discussing Argentina's decline in human freedom with low economic freedom but relatively higher levels of personal freedom. Exploring the connection between personal freedom and economic freedom, and the concerning decline of personal freedoms in Venezuela.
The Human Freedom Index has shown a consistent decline in global freedom since 2007, with around 90% of the world's population experiencing a decrease in freedom from 2019 to 2021.
Argentina experiences a disparity between economic freedom and personal freedom, ranking low in economic freedom but higher in personal freedom, and the election of President Javier Millet aims to bring about economic change.
Deep dives
The Decline of Global Human Freedom
The podcast discusses the steady decline of human freedom globally over the past two decades. The Human Freedom Index, which measures economic, personal, and civil freedoms across 165 countries, shows a consistent drop in freedom since 2007. This decline can be attributed to factors such as the financial crisis, the rise of populism, and the impact of the COVID-19 pandemic. The data reveals that from 2019 to 2021, around 90% of the world's population experienced a decrease in their levels of freedom, regardless of wealth, democracy status, or other categorical distinctions. The podcast also highlights the specific case of the United States, which has seen a deterioration in overall human freedom, ranking 17th in the Human Freedom Index compared to 7th in the year 2000.
The Challenges of Freedom in Argentina
The podcast explores the unique situation in Argentina, where there is a disparity between economic freedom and personal freedom. While Argentina ranks low in economic freedom (158th out of 165 countries), it has a comparatively higher rating for personal freedom. Over the past two decades, the country has experienced a steady decline in overall freedom, with economic struggles, high poverty rates, and inflation levels contributing to the crisis. The podcast mentions the recent election of President Javier Millet, who advocates for libertarian principles and hopes to bring about a paradigm shift in Argentina's economy. However, the situation is expected to worsen before improvement occurs.
The Relationship Between Economic and Personal Freedom
The podcast explores the relationship between economic freedom and personal freedom, highlighting how they complement each other. The control of the economy by governments often leads to a control over personal decisions and freedom of expression. Countries with higher levels of economic freedom generally have higher levels of personal freedom. The podcast warns that if Argentina continues on its current path of low economic freedom, there is a risk that personal freedoms will also be impacted. The example of Venezuela, where economic and personal freedoms have significantly declined, is cited as evidence. However, it is noted that Argentina has not experienced a significant decline in personal freedom despite its economic struggles.