individualism

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individualism

the philosophy that individuals have their own unique set of wants and interests, and that they should be given free rein to pursue them. Those promoting this philosophy therefore advocate the removal of laws and regulations governing how people should behave. In the economic and business spheres, they argue, regulation stifles entrepreneurial creativity and inhibits responsiveness to market forces; if people can be freed from regulation they will become more highly motivated to succeed, whilst markets will be able to function more effectively, leading to benefits to society at large. They tend to be critical of TRADE UNIONS since they believe that unions elevate group over individual interests, and place restrictions on both their members' and managers' freedom to behave as they wish. Critics of this philosophy argue, however, that interests are in fact often shared (for example between groups of employees), that power resources are unequal and hence that collective action is therefore often necessary, and that unbridled pursuit of individual goals can damage the interests of others. See COLLECTIVISM, DEREGULATION.
References in periodicals archive ?
The discussion of environmental problems in modern Western societies strongly relates to what we regard as the three core values of liberal societies: "individual freedom", the "no-harm principle" and "social justice".
Drawn by the opportunities created by our constitutionally guaranteed individual freedom, legal immigrants are an investment in our nation's collective future.
Religions in general have shown a tendency to encroach upon the individual freedoms, especially when they are able to influence or control the state power.
During all these phases, different phenomena were taking place, like: struggle for individual freedom, rise of a trading class, reducing the powers of monarchs and kings, secularization of politics, emergence of the nation-state etc.
New Delhi/Gurgaon, July 15 ( ANI ): Veteran journalist and political analyst Ved Pratap Vaidik said on Tuesday that he has been in favor of individual freedom and not separation.
Individual freedom and opportunity must not be sacrificed in a quest for guaranteed 'security' ".
Manchester United manager Sir Alex Ferguson fears that the regulations will be difficult to enforce, while Arsenal boss Arsene Wenger said he favoured more individual freedom for clubs.
When a participant remarked that the idea of individual freedom is based on liberal philosophy while there is no concept of individual freedom in the Koran, Gannushi responded by saying that neither is there the concept of creed (akida) in the Koran, but no one can argue against the fact that Koran rests on it.
Founded in 1973, Heritage develops public policy solutions that advance free enterprise, limited government, individual freedom, traditional values and a strong national defense.
Individual freedom by all means but not at the expense of anybody else's freedom.
As a Liberal I find the bill a travesty and a betrayal of all those years in which Liberals have championed the cause of individual freedom and fair parliamentary representation.

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