BB&T Academic Programs
What Capitalism Is
The Nature of Government
Economics of Capitalism
The Application of Rights to Political Society
In a fully developed system of government, the basic philosophic rights to life, liberty, property, and the pursuit of happiness must be applied to the particular contexts that arise in such a society. The proper application of these rights limit and make objective a political system and the government's institutions. They represent a recognition and protection of the underlying individual rights of all men in a political system.
Implementing the rights of citizens might include things like the freedom of association, freedom of speech, and the freedom of thought. In designing a proper government, its founders may also develop a system of procedural and civil guarantees to protect individual rights against the infringement of government. Such freedoms would include things like the trial by jury, voting in elections, confronting one's accusers, etc. In all these cases, such freedoms and guarantees must be reducible to the basic right to life, liberty, property, or the pursuit of happiness.