International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 8, Issue 2 (March-April 2026) Submit your research before last 3 days of April to publish your research paper in the issue of March-April.
Submit Research Paper Join as a Reviewer

Plagiarism is checked by the leading plagiarism checker TurnItIn

Call for Paper

Volume 8 Issue 2
March-April 2026

Submit your research paper

Indexing Partners
Academia Advanced Sciences Index Bielefeld Academic Search Engine CiteSeer DRJI Google Scholar Independent Search Engine & Directory Network ISI (International Scientific Indexing) Issuu Mendeley Research Networks
RefSeek ResearcherId - Thomson Reuters ResearchGate Scirus Scribd Semantic Scholar UTeM - Universiti Teknikal Malaysia Melaka Wiki for Call for Papers WorldCat Zenodo

Liberty vs. Equality: Philosophical Foundations and Economic Implications

Author(s) Ms. Pranya Dua
Country India
Abstract The conflict between liberty and equality has shaped the development of political and economic thought for centuries, often presenting a delicate balance between individual rights and societal fairness. Liberty, rooted in classical liberalism, advocates for the protection of personal freedoms, allowing individuals to make autonomous decisions and pursue their own goals without interference from the state or other societal forces. On the other hand, equality, a cornerstone of social justice, focuses on reducing disparities in wealth, access to opportunities, and overall social status, aiming for a fairer distribution of resources and privileges across society. The tension between these two principles becomes evident when policies favoring one often result in trade-offs that undermine the other. For instance, policies designed to enhance liberty, such as deregulation and tax cuts, may lead to increased economic disparities, while policies focusing on equality, such as wealth redistribution and social welfare programs, may limit individual freedom and entrepreneurial incentives. This paper argues that while both liberty and equality are indispensable, excessive prioritization of one undermines long-term social cohesion. A nuanced middle path, as seen in Scandinavian models, provides the most sustainable framework for balancing prosperity with fairness.
Keywords Liberty, Equality, Economic policies, Social welfare, Wealth distribution, Economic systems
Field Sociology > Economics
Published In Volume 7, Issue 5, September-October 2025
Published On 2025-10-11
DOI https://doi.org/10.36948/ijfmr.2025.v07i05.57509
View / Download PDF File

Share this



E-ISSN 2582-2160
CrossRef

CrossRef DOI is assigned to each research paper published in our journal.

IJFMR DOI prefix is
10.36948/ijfmr

Downloads
Research Paper Format Copyright Permission Form and Undertaking Form Cover Page Vol 8 Isu 2Cover Page Vol 8 Isu 1Cover Page Vol 7 Isu 6

All research papers published on this website are licensed under Creative Commons Attribution-ShareAlike 4.0 International License, and all rights belong to their respective authors/researchers.

CC-BY-SA Open Access

About IJFMR
Fees & Payment
Current Issue
Publication Archive 		Submit Research Paper
Track Submission Status
Publication Guidelines
Publication Ethics
Peer Review & Plagiarism 		Join as a Reviewer
Editors & Reviewers
Reviewer Referral Program
Get Reviewer Membership Certi. 		Website/Journal Policies
Usage Policy
Content Policies
Privacy Policy
Contact Us +91-9687-828-838 editor@ijfmr.com
Powered by Sky Research Publication and Journals