Boy, Milton Friedman here just completely destroys Socialism's arguments.
Capitalism is the natural state of all economies, from ancient barter-systems to our modern global system, Socialism by comparison is an IDEAL. It is not a natural system, and by result, it has no empirical evidence to support it. So socialists must resort to EMOTIONAL arguments, trying to pull at people's heartstrings, without realizing that Capitalism is the reason we have all of the wonderful technologies today.
Boy, Milton Friedman here just completely destroys Socialism's arguments.
Capitalism is the natural state of all economies, from ancient barter-systems to our modern global system, Socialism by comparison is an IDEAL. It is not a natural system, and by result, it has no empirical evidence to support it. So socialists must resort to EMOTIONAL arguments, trying to pull at people's heartstrings, without realizing that Capitalism is the reason we have all of the wonderful technologies today.
GreyWolfLeaderTW 1 year ago