He asks whether people should be allowed to decide how much to pay to reduce their chance of death. But Pinto owners couldn't do that, since they were deceived into thinking they were purchasing a car free of known, deadly defects.
@Grazpop No, what Friedman is saying is if you want to reduce you chance of death by an automobile accident, then don't by a car from ford. Which is something you socialist idiots don't get.
@Barry62152 It's illuminating that you believe anyone who criticizes Friedman's logic is socialist (and an idiot). His logic is poor. The correct analysis would involve Ford's DISCLOSING the problem. Then people can make the rational decisions Friedman so applauds. Instead, Ford chose NOT to disclose it, preventing people from taking that particular risk into account. Really, this is very simple, and someone of Friedman's intelligence must have considered it.
@Grazpop You know it's your socialistic idiocy that always tells you that you should hate a company and always trust the government. Well it doesn't work like that, the government fucks up everything and is the # 1 cause of economic problems, not corporations. If you've read Ayn Rand's book, Atlas Shrugged, you would've known that, instead of the " blame Capitalism" garbage that liberals are teaching you, It's called "social engineering".
@Barry62152 I'm not sure where you get these caricatures. No one is trusting government and hating companies, and I can assure you I read all of Rand's works, probably before you were born (I'm a huge fan). None of this reflects on Friedman's points, which are very poorly argued. If he were honest, he's advocate the company simply TELLING people they had made this economic trade-off. But they did not. They hid it, attempting to profit from that. All of this is very basic.
@Barry62152 There are lots of people who admire Rand -- I consider her a genius, of a sort -- who also do not want, in Chomsky's term, "a business run society". Friedman was notorious for reducing EVERYTHING to monetary trade-offs, and was a huge proponent of corporations over people. Everything requires balance. Not every idea had by "liberals" is foolish, and not every idea had by libertarians is wise, in terms of running a society.
Friedman isn't educating anyone about anything, and the kid is hardly dumb. The question that should have gone back to Friedman is whether, in his moral calculus, it is acceptable for companies to deliberately release products with KNOWN DEFECTS that any reasonable person would expect not to be there. He's changing the subject entirely, making it a question of "principle".
If I were Milton Friedman I would have yelled "THEN DON'T BUY A FORD!!!" in the first minute of this video.
A teacher on a video about college student loans accused me of being naive because student loan lenders are predatory. My response to him was, so? There are predatory salespeople as well. Why do us humans not fear predators in the wild anymore? Because we used our mind build weapons more dangerous than those animals. The most dangerous word to businessperson is the word "no".
He asks whether people should be allowed to decide how much to pay to reduce their chance of death. But Pinto owners couldn't do that, since they were deceived into thinking they were purchasing a car free of known, deadly defects.
Grazpop 1 month ago
@Grazpop No, what Friedman is saying is if you want to reduce you chance of death by an automobile accident, then don't by a car from ford. Which is something you socialist idiots don't get.
Barry62152 1 month ago
@Barry62152 It's illuminating that you believe anyone who criticizes Friedman's logic is socialist (and an idiot). His logic is poor. The correct analysis would involve Ford's DISCLOSING the problem. Then people can make the rational decisions Friedman so applauds. Instead, Ford chose NOT to disclose it, preventing people from taking that particular risk into account. Really, this is very simple, and someone of Friedman's intelligence must have considered it.
Grazpop 1 month ago
@Grazpop You know it's your socialistic idiocy that always tells you that you should hate a company and always trust the government. Well it doesn't work like that, the government fucks up everything and is the # 1 cause of economic problems, not corporations. If you've read Ayn Rand's book, Atlas Shrugged, you would've known that, instead of the " blame Capitalism" garbage that liberals are teaching you, It's called "social engineering".
Barry62152 1 month ago
@Barry62152 I'm not sure where you get these caricatures. No one is trusting government and hating companies, and I can assure you I read all of Rand's works, probably before you were born (I'm a huge fan). None of this reflects on Friedman's points, which are very poorly argued. If he were honest, he's advocate the company simply TELLING people they had made this economic trade-off. But they did not. They hid it, attempting to profit from that. All of this is very basic.
Grazpop 1 month ago
@Grazpop What a coinsidence, I'm a big fan of Ayn Rand too. I became one after I saw the Atlas Shrugged movie.
Barry62152 1 month ago
@Barry62152 There are lots of people who admire Rand -- I consider her a genius, of a sort -- who also do not want, in Chomsky's term, "a business run society". Friedman was notorious for reducing EVERYTHING to monetary trade-offs, and was a huge proponent of corporations over people. Everything requires balance. Not every idea had by "liberals" is foolish, and not every idea had by libertarians is wise, in terms of running a society.
Grazpop 1 month ago
Friedman isn't educating anyone about anything, and the kid is hardly dumb. The question that should have gone back to Friedman is whether, in his moral calculus, it is acceptable for companies to deliberately release products with KNOWN DEFECTS that any reasonable person would expect not to be there. He's changing the subject entirely, making it a question of "principle".
Grazpop 1 month ago
If I were Milton Friedman I would have yelled "THEN DON'T BUY A FORD!!!" in the first minute of this video.
A teacher on a video about college student loans accused me of being naive because student loan lenders are predatory. My response to him was, so? There are predatory salespeople as well. Why do us humans not fear predators in the wild anymore? Because we used our mind build weapons more dangerous than those animals. The most dangerous word to businessperson is the word "no".
MrConservative608 3 months ago