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People desire liberty; they want unhindered scope for self-development, self-expression, and pursuit of happiness. For liberty to be a meaningful social principle, it cannot be equated with unrestrained license. In any social structure, restraints imposed by custom and law are necessary. But on what basis are such restraints to be established? The proper principle for imposing restraint is that liberty must not extend so far that one person’s actions results in harm to others. While there should be full freedom in the spiritual and mental realms, freedom to acquire wealth in the physical sphere cannot be left unrestrained.