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Milton Friedman - Greed

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In his book "Capitalism and Freedom" (1962) Milton Friedman (1912-2006) advocated minimizing the role of government in a free market as a means of creating political and social freedom. An excerpt from an interview with Phil Donahue in 1979. http://en.wikipedia.org/wiki/M...

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: mearbhrach

Length: 02:23
Rating: 4.75
Views: 125484

Tags: capitalism  communism  donahue  economics  freedom  government  philosophy  politics  socialism  

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atripa645 (November 30, 1999 at 12:00 am)
Pollution is not worse in socialist countries it's better. You just make stuff up and write it. don't you? Facts and truth are tough ones for conservatives. lol Here are the greenest countries: 1 Switzerland 95.5 2 Sweden 93.1 3 Norway 93.1 4 Finland 91.4 5 Costa Rica 90.5 6 Austria 89.4 7 New Zealand 88.9 8 Latvia 88.8 9 Colombia 88.3 10 France 87.8 11 Iceland 87.6 12 Canada 86.6 13 Germany 86.3 14 United Kingdom 86.3 Notice anything?
EasyEs (November 30, 1999 at 12:00 am)
The reason that the majority of pollution in the USA comes from private industries is becase the vast majority of Economic activity is due to private industries. If the exact same economic activities were done by governments like they are in socialist countries the pollution would be worse. Also it was the Canadian military I was speaking of. This should have been clear by my use of the words Canadian military and the province of New Brunswick.
Wormtail81 (November 30, 1999 at 12:00 am)
2:04 Very good point; a rebuttal of the idea that there are political solutions the economic problems.
tefisher1984 (November 30, 1999 at 12:00 am)
Remembering Milton Friedman 2 years after his death.
atripa645 (November 30, 1999 at 12:00 am)
The US military dumps toxin into the water supply? news to me. The majority of pollutions in our environment is due to industry. Profit is not a good reason to pollute the commons. I can understand some military uses.
EasyEs (November 30, 1999 at 12:00 am)
Governments don't dump toxins? I am sorry what about nationalized industries what about the militrary, Are you implying that the Soviet union never dumped toxins in lakes and rivers. Are you implying that the Venezuelan government never had a leaky oil pipeline or sour gas leak. I mean do you honestly believe the crap coming out of your mouth! Fuck the Canadian military dumped toxic chemicals in New Brunswick because budget limits forced a half assed job.
atripa645 (November 30, 1999 at 12:00 am)
"have no effect what so ever on the collective" If you can't learn I don't know what to tell you. Government doesn't dump toxins into the water moron. Private business does. If you deny reality and can't give one shred of evidence to prove any of your points I can't help you. You can lie your way through life or you try to be honest. I can see which way you have chosen.
EasyEs (November 30, 1999 at 12:00 am)
In no way is my statement wrong. Both governments and private industry strive to be as efficient as possible and to save money. You call one side greed. Water resources have to be protected but who takes the government to court when they dump toxins in the water? If I own a lake and a company dumps toxins in the water I have an interest in taking that company to court. If everyone owned it and the government was in charge of overseeing themselves nothing will happen. You don't get it.
atripa645 (November 30, 1999 at 12:00 am)
We were talking about the commons that we all own collectively and you said: "The motives of someone to create something of value have no effect what so ever on the collective." Now if you are saying both government and private entities can exploit lands ect. you are contradicting your previous statement. Things like water sources have to be protected right? From the motives of some people who would taint it for a profit. Is that a hard thing to understand? That is government working for you.
EasyEs (November 30, 1999 at 12:00 am)
Yes land is exploited for resources. Both by government and private enterprises. The argument is who does it better. Are you arguing that the government is the only one who should be able to exploit natural resources?

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