Its clear nobody has ever had or ever will have any logical/proven/reasonable argument against CAPITALISM .All these morons are placing bullshit arguments, who are not even close to the intellectual caliber of Milton Friedman. I wonder how Milton resisted the urge to punch these knuckle heads......anybody who evades from pure capitalism evades from logical reasoning, and I call such people "dumb".
@fothinator , I agree more often than not, power corrupts. Money and power are only synonymous in those terms because the immoral crony politicians make money into power. In a free market, money means prosperity and quality of life, in such a system the power lies with the consumer.
In less than 30 seconds Milton Friedman sums up why America is failing. from 36min12sec to 36min 40sec. "One of the reasons why I am in favour of less Gov't is because when you have more Gov't , industrialists (like the military industrial complex Ike warned us about or like Wall St) take it over, and the two together form a coalition against the ordinary worker and the ordinary consumer. that is why I don't want Gov't to step in and help the business community. Friedman is anti bail outs
Power corrupts, and absolute power corrupts absolutely. I would consider money synonymous with power. What is the biggest fear of those in power...? Why loosing their power of course. So naturally they want more. After a person acquires sufficient wealth for a dozen lifetimes it just becomes a game of power grab. It morphs them into crazed paranoid psychopaths and they gather together to paint themselves blue, perform ritual sacrifice, & congratulate each other on being masters of the universe
If we don't your kids will continue to live in bondage to a corrupt gov't that wants YOU DEAD.
If you want to die...continue drinking your flouridated water, aspertame filled diet drinks, and GMO foods. Democracy in America is a farce. The international bankers decide who you get to vote for and you can be sure their puppet's agenda of poulation control and mass dumbing down of the citizens will come first.
Although I like a lot of what he says you have to realize that he,like all Jewish intellectuals,is loyal to his Jew in the final analysis.Whether Jewish Communism or phony allegiance to free markets (just like the Jewess Rand),they won't give their Jew up.For instance in the free market model they would have you give up your Christianity, ethnicity, Western Civ. and become a cog in their system while they retain in full pride their Jew.
@letsmakeapoint Wow, very deep. By your video history it looks like you are an Atheist. Another Atheist Jew I guess? Yet, still a Jew...hmmm...lol. Kinda no point right? If you look at all the major Atheist organizations in America they are run by Jews. Again, it isn't about really being an Atheist but what works best for your Jew. Breaking down the surrounding Western Christian culture strengthens Jewish culture hence the cultural reason why Jews flock to Atheist organizations.
@PacifistPigeon Precisely. Until you understand that "contradiction" you'll never understand the Jew. Jews consider their Jew its own race or at a minimum an ethnicity. That is why a Jew can be an Atheist. To a normal rational person, once a Jew forgoes Judaism there is no point anymore and they should then happily assimilate. If only it was so easy!! Communism (started and lead by Jews), Zionism, and Randism are all atheistic ideologies. Most Jews are Secular Atheists.
There are atheist organisations, but not all atheists subscribe to these organisations, mainly because it's pointless. Atheism isn't a religion, it's a non-belief. I identify as an atheist, yet I have no Jewish ancestry. I came about my ideas by myself.
In a free market and a free society you can believe whatever you want. Many Christian societies throughout history have just a system akin to a free market, take the early United States as an example. You can even form your own voluntary socialist community under a free market if you want to, there's nothing stopping you from believing or accepting anything. The concept of the free market is a Western concept, it is a philosophy that was conceived in our Western Civilisation.
Austrian economists predicted the housing bubble and the financial collapse due to the over extension of credit. Yet people ridiculed them because the economy was "growing"
@xk23 I was a liberal until I learned the errors of my ways from Milton Friedman. While Michael Harrington and others liberals care about the poor, their policies are keeping people poor. Free market capitalism is the best way to create prosperity for the whole world.
Remember kids, only capitalize words at the beginning of a sentence, or when using proper nouns or titles. For additional help and rules refer to hxxp://owl.english.purdue.edu/owl/resource/592/1/
Well, I've watched all 10 parts, and the thing I noticed is most of those who argued adamantly with Milton were displaying typical behavior patterns of a control freak.
According to an article on ec-online the driving force for control freaks is their own insecurity. Do we really want insecure people in control of our lives?
@CDLibisch You've just made my point for small government. We don't want the control of something the size we've created (big government) to fall into the hands of people we don't trust.
@CDLibisch You're right, my favorite moment is when the car safety stooge woman defends her point about airbags and other stuff as adding on to the cost of governmental HC, what a preposterous farce.
@CDLibisch This was a very astute observation. Indeed all people who adamantly oppose freedom, are people who are AFRAID. This weakness leads them to want someone else to protect them, since they are to coward to do it for themselves. People, be not afraid, you have the power to control your lives. Use reason instead of emotion to take control, free yourself from the cage you have created in your minds. A revolution is coming and it starts in the minds of men.
No, Milton does not suggest for government to be in control of our lives. But many of those in all 10 episodes who argued with his viewpoint, were affiliated with some governmental departments that do impose various forms of control over us through the governmental regulations they have the authority to enforce upon us. If you don't see that, then you may not fully understand meaning of individual liberty.
So what if these individual do? They're just hypocrites. In a true free market society with true individual freedom, there would be no regulatory body to impose control over us and our lives.
@CDLibisch i don't think you can psychoanalyze someone based on their behavior in one debate. however, it can be observed that people who are used to being the smartest person in the room can look downright flustered and spoiled when having their worldviews dismantled by an unassuming, mild mannered old man.
@zackhanscom True, that's when they start "displaying" that type of behavior, revealing their insecurity. Not all of those who argued with Milton, argued with him adamantly, interrupting him when it was his turn to talk. I was simply pointing out those who were.
@benxr2006 How in the world did you get what I said completely backwards? I totally agree with Milton Freedman's philosophy of freedom of choice and limited government. If you go back and read my comment more thoroughly, you'll see that I was commenting on the behavior of some of those who opposed Milton. The people in this first part weren't as bad, but after you watch all 10 parts, I think you'll see which people I'm talking about. ;o)
Yes, it definitely goes along iwth the program and there are some new issues/arguments also brought up.if you like the program i recommend you get the book.
These days...that italian family shown at the beginning of the documentary would have gotten in Trouble with CPS bc they allow their 16 year old boy to drink wine at dinner and CPS would take the kid away from the family..thats how things are 35 years later!!
Although I like Milton Friedman I do not like his monetarist policies. I like the Austrian school better than the Chicago school. We desperately need sound money because we are on the verge of a dollar collapse. Ron Paul 2012
Classic is-ought problem with Michael Harrington's solution. Just because government IS gaining power and influence over the market doesn't mean it OUGHT to be that way.
these guys (not milton) are idiots. you can take sound economic principles and apply them at ANY point in history. he is pointing out classical principles that are working in modern global markets like hong kong and they still say 'we have to work from where we are'. that's why you're not getting anywhere!
@bmx4637 you're right, there may be some such people, but a substantial portion of them are just tired of the alliance between wall street predator banks(not every single banker..) and the 8% approval crooked congress
@bmx4637 occupy wall street doesnt make logical sense. Those people are angry at the wrong group. They should be angry at the government, not the rich people who are benefiting from this system.
@kofine10 EXACTLy; I have been saying this for the longest.. the ironic thing about some of these protestors is that they blame capitalism and then use the banking bail outs as an example of how capitalism has failed us.. crony capitalism is the problem...
@SkepticThink lol yeah I never got these people who claimed to be so intelligent yet fall into that idiotic line of reasoning. As if parents would toss their children into a coal mine if we have "unfettered" capitalism.
@AirplaneRider lol and is socialism, communism, or fascism any better? you make it sound like there is something out there that is better so what is it and why? I can tell you from fact almost every socialist/communist nation falls or collapses because central planning will never work. This has been true in the case of soviet Russia, Chile, china, India, and northern Korea..all of these nations were eventually unable to provide basic structure to their people because governments are inefficient.
@MrObveous777 You tip your hand as to your level of intellect when you conflate socialism, communism and fascism in the same sentence. It is most likely unproductive to even attempt to reply to such a mess of an "argument". In your mind present day (socialist) Scandinavia, who have some of the highest living standards in the history of mankind (measured across many demographics), must be on par with the some of the worst totalitarian regimes in history. Bravo sir. Bravo.
@AirplaneRider I am simply asking a question. every socialist uses the same example I could name a dozen countries that have went through hyperinflation and food shortages because of socialist policy. instead of arguing the mess of my argument, argue the idea of it. we could probably have a more productive conversation. as for Scandinavia it has more of a FREE MARKET than the U.S that is why. they are also teetering between two national party's.
@MrObveous777 one national party is very conservative the other is very socialist. but you also have to understand that paying that much in taxes could easily pay for your own retirement plan and health insurance in a real free society and you would be left with a ton of cash still. they pay 60% of what they make goes to taxes. and also they have less corruption in Sweden then in the U.S. so your thinking is false that this system can work for every one. Free markets have always been a success.
@AirplaneRider in the 1970's-1990's living standards in Sweden were very low because of the labor party. they were literally on the brink but THE FREE MARKET saved them not socialism. the raising of interest rates and the privatization of key markets allowed Sweden to put off its day of reckoning. You also have to understand that if Sweden was more free the people would be a lot more prosperous. Sweden actually proves that the free market works not the other way around.
@AirplaneRider I think Greece is a modern prime example of a socialist nation not being able to work. literally it is on the brink of destruction. because Greek citizens do not want to pay for a free lunch but int the real world there is no such thing as a free lunch. Greek citizens do not want to pay for what they have gotten for free. unfortunately mostly all socialist nations end in either hyperinflation, or food/goods shortages. personally Free markets prove to work the best in any case.
i think the best(so to say) thing about this video is that all that is discussed 30 years ago is still relevant and some of the fears expressed (the fail of medicare, the increasing government spending faster than the gdp) are now truly visible
these jewish zionist globalist banking free trade bullshit economics destroyed the world. University of Chicago economics just as bad as the London skool of sucknomics.
Well, you have to say, the founders really did miss the beat on that one - not that they could be expected to foresee all and know all, but if they were so concerned with limiting government strictly, why not specifically write into the Constitution something like "Government's total annual expenditure can never at any time exceed a maximum of 5% of the total gross domestic income of the nation". Then they could never have exceeded it. They would find loopholes etc, but it would be much harder.
@mikedans55 Except that is an unenforceable law. Because if the govt goes over that percentage of GDP, how can the Supreme Court or Executive branch legally reduce it? Plus in time of war, survival may depend on not being stuck at a random number. If the 10th amendment didn't work, what would? The Preamble is taught as a power and not as a goal of which they thought limited govt accomplished. Regulating interstate commerce means govt can do anything. Nothing would've stopped em
This film should be sent to all those big bankers who were bailed out and to companies like AIG and shown as a training film. The part where 'if they fail they bare the burden' should be emphasized. Yet, those companies who probably have top employees who love Mr. Friedman don't live the philosophy do they.
@Foreshadow44 While you are at it, you may wish to say something to the Federal reserve and their destructive polices of extremely low rates have played on distorting the mortgage and savings market.
Freedom is the answer. Most of the cental planning states like Michigans have declined over 50 year because of their socialist policies that have destroyed their economy. Now Detroit looks much like a 3rd world nation.. Cleveland too another 3rd world country because of centalized government planning. California has made the same mistakes and they would see it so you will see a decline and yes LA is looking much like a 3rd world country as well.
It saddens me to see that the children and grandchildren of Hong Kong today are slowly destroying this system. They have since followed the poisonous concept of entitlements and welfare.
@98wongjf Nah its just moved to Shenzhen and GZ, which is just a stone throw away. Hk is service sector now, and all the industrial is moved to the mainland.
@yoyuepz Since this show, Special interests groups have started to eat into HK free market system. HK has now has social welfare, socialized education, expanded the socialized housing, and minimum wage mandates.
@98wongjf maybe so, but like I said its moved to shenzhen and mainland china, where you have to pay for everything and no questions asked policy therefore FREE market. And hk is developed, even the uk banks were thinking to move to hk recently. But I think hk still offers better laws compared to uk and usa nations. For example many of the file hosting companies are based in hk due to their flexable ip laws.
Milton Friedman was the most brilliant economist of the 20th century. Plus, he had the unique ability to take seemingly extremely complicated issues and make them easily understood by the economic layman. The great thing about these sets of Friedman presentations is that the information is simply the reality. There is no dogma.
friedman makes some pretty terrible fallacious arguments at the end, the strawman about "you are questioning the pragmatism of advocating less government? you must want corporatist despotism!" was awful
He don't know crap about what the crooked toxic waste corporations are doing....throw it in a creek, blow it in the air, or sell it to people who make toothpaste and/or foods to put it in to kill people and make money off it! I liked him 'til NOW!
It is okay to offer poor working conditions for immigrants just because they will eventually leave? I don´t think the old lady at 05:28 will leave at all. I would rather say "these factory shoud have the proper working conditions. Let´s find a way to do that", than saying "if we close down this factory they wouldn´t have a job".
42:41 DOes this video randomly cut out or something? When Milton Friedman says "I dont agree with him at all" It seems odd that there wasnt any question asked to Milton if he agreed with him or not
I tried to make my own opportunity by starting my own business, but i got shut down by my socialist municipality. Fuck socialism, let us better ourselves
@frostbytet17 long story short: a senior bureaucrat told us we weren't in any contravention of any laws, told us we could open up, we were given a business license, and then they said afterwards that we were in fact in contravention of a bylaw. The guy who said we could then denied he told us we could and we're now screwed. We were doing segway tours... it wasn't like it was a brothel or something... lawsuit pendng...
@simpletruths10 you shouldnt.. I actually love hearing the other side of the argument so when some one present a similar to me, I'd know how to reply back :)
Michael Harrington is an evil shithead! His 'capitalism was wonderful for its time' patronizing as if his socialism/totalitarianism was something fresh and new was shameful - so glad MF called him on it and shoved his bullshit right up his ass! God damn it I hate liberals!
Fucking socialists/communists - they are NOT pro people, they are pro working for lazy bastards, like the socialists and communists themselves. We have had this in Poland since 1945 and our country is in ruins now because people prefer to be lazy bastards rather than to have free market.
As far as the environmental aspects go of this conversation I would have to again suggest the beleaguered legislation of Cap and Trade. Considering that scientist have proven that there is an impact of pollution on society and on health and it is only fair that the perpetrators of such pollution are forced to pay those cost. I'm sure similar legislation could be created that dealt with water pollution. And it would seem to me that those truly in favor of a free market would be in favor of it.
Thank you for posting these videos. Very interesting at the end of the video when Michael Harrington labels free market solutions to societal problems as backward thinking. Friedman is of course right on in telling Harrington that in actuality it is his government/market-mixed solutions are the ones that are backwards. Friedman hinted at it but didn't label it what it was: neo-mercantilism.
I wonder what Friedman would make of the impending global carbon tax. (Shudder.) He'd probably say let the market offer low carbon products/services and allow the individual to decide whether or not to pay a premium for them. That way the free market could decide if global warming really is such a cataclysmic threat like the eco-fascists want us to believe.
Gov of delaware= Moron. How does freedom improve when govt is dictating what a person can or cannot do? The problem with many in govt is that they think they are smarter than the common folks.
@ZamolxisReborn Public Schools will never put this in their classrooms, our schools are controlled by the teachers UNIONs, & by government bureaucrats like the POSTAL SERVICE. School educators are UNION cronies, & they brainwash our kids with their liberal textbooks. Milton Friedman economic philosophy goes against the UNIONs waste, fraud, & taxation.
@UCSDEngineerDoctor can't blame everything on the unions--they certainly help union workers...or at least union bosses.
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but it doesn't hurt to dream. this series would be great to show in the classroom. i don't care it if would be accompanied by marx's writings, or whatever--once the kids get exposed to these ideas, most will see that they are correct, better, and righteous.
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for example, my hs macro econ teacher showed us clips from Commanding Heights--that's a great series also, watch it.
@ZamolxisReborn GOOD luck, the teachers UNION will have you fired if you show MILTON FRIEDMAN. But if you hit a kid, are a bad teacher, or a child molester the UNIONs wont fire you.
@ZamolxisReborn The UNIONs have bankrupt this country. Everybody blamed BUSH. But BUSH did not bankrupt GM, GE, or sent jobs overseas. The democrats whoring themselves out to the UNIONs have tanked this economy. The democrats dip their hand into the cookie jar, & take a big bite out of the taxpayer while we are busy making the cookies for them, the UNIONs get their share & there is just crumbs left for the students. Than they turn around & blame us or raise our taxes when we are all broke.
@UCSDEngineerDoctor california's broke because it's been run for decades by lefty liberals who don't know how to manage money. you can't give away money that you don't have(unless you're the feds), and you can't tax the high techs out of existence, 'cause they'll just go to texas instead. :)
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ps: immigrants built this country, and are some of the hardest working people around. do you like fresh fruits and vegetables? say "gracias."
@ZamolxisReborn No, legal immigrants who came here built this country. The ILLEGALs come here in CA go on welfare, we have to pay for their healthcare, foodstamps, & have 4-5 kids that we have to teach, they end up joining gangs, we have to pay for the teachers, cops, jail, jail guards, social workers, & the huge UNION bureaucracy that goes with it. BILLIONs we flush down the drain, & the high taxes the liberals pass so it get more funding til we are broke.
Its clear nobody has ever had or ever will have any logical/proven/reasonable argument against CAPITALISM .All these morons are placing bullshit arguments, who are not even close to the intellectual caliber of Milton Friedman. I wonder how Milton resisted the urge to punch these knuckle heads......anybody who evades from pure capitalism evades from logical reasoning, and I call such people "dumb".
Adityaaady 18 hours ago
27:05 Milton's probably chuckling to himself at the vendor offering a "free lunch." :)
sirrvs 1 day ago
@fothinator , I agree more often than not, power corrupts. Money and power are only synonymous in those terms because the immoral crony politicians make money into power. In a free market, money means prosperity and quality of life, in such a system the power lies with the consumer.
nedeadrst 2 weeks ago
@fothinator
nedeadrst 2 weeks ago
In less than 30 seconds Milton Friedman sums up why America is failing. from 36min12sec to 36min 40sec. "One of the reasons why I am in favour of less Gov't is because when you have more Gov't , industrialists (like the military industrial complex Ike warned us about or like Wall St) take it over, and the two together form a coalition against the ordinary worker and the ordinary consumer. that is why I don't want Gov't to step in and help the business community. Friedman is anti bail outs
COLDFUSION695 2 weeks ago
Power corrupts, and absolute power corrupts absolutely. I would consider money synonymous with power. What is the biggest fear of those in power...? Why loosing their power of course. So naturally they want more. After a person acquires sufficient wealth for a dozen lifetimes it just becomes a game of power grab. It morphs them into crazed paranoid psychopaths and they gather together to paint themselves blue, perform ritual sacrifice, & congratulate each other on being masters of the universe
fothinator 2 weeks ago
Can't these people think in principle?
Capitalism worked before, but it won't work now
Socialism never worked, but it'll work now
I don't understand how people get to this view, what things get more complicated then we need to control?
Erseph 2 weeks ago
If Ron Paul could communicate the principles of freedom as well as Milton Friedman he would easily become president.
sleedolfine15 3 weeks ago 3
END THE FED AND ALL YOUR DREAMS WILL COME TRUE!
If we don't your kids will continue to live in bondage to a corrupt gov't that wants YOU DEAD.
If you want to die...continue drinking your flouridated water, aspertame filled diet drinks, and GMO foods. Democracy in America is a farce. The international bankers decide who you get to vote for and you can be sure their puppet's agenda of poulation control and mass dumbing down of the citizens will come first.
ScrewSocialism 4 weeks ago
Although I like a lot of what he says you have to realize that he,like all Jewish intellectuals,is loyal to his Jew in the final analysis.Whether Jewish Communism or phony allegiance to free markets (just like the Jewess Rand),they won't give their Jew up.For instance in the free market model they would have you give up your Christianity, ethnicity, Western Civ. and become a cog in their system while they retain in full pride their Jew.
happydelicious 1 month ago
@happydelicious Shut the fuck up.
letsmakeapoint 1 month ago
@letsmakeapoint Wow, very deep. By your video history it looks like you are an Atheist. Another Atheist Jew I guess? Yet, still a Jew...hmmm...lol. Kinda no point right? If you look at all the major Atheist organizations in America they are run by Jews. Again, it isn't about really being an Atheist but what works best for your Jew. Breaking down the surrounding Western Christian culture strengthens Jewish culture hence the cultural reason why Jews flock to Atheist organizations.
happydelicious 1 month ago
@happydelicious
How could you be a Jew and an Atheist at the same time, surely that's a contradiction in terms.
PacifistPigeon 1 month ago
@PacifistPigeon Precisely. Until you understand that "contradiction" you'll never understand the Jew. Jews consider their Jew its own race or at a minimum an ethnicity. That is why a Jew can be an Atheist. To a normal rational person, once a Jew forgoes Judaism there is no point anymore and they should then happily assimilate. If only it was so easy!! Communism (started and lead by Jews), Zionism, and Randism are all atheistic ideologies. Most Jews are Secular Atheists.
happydelicious 4 weeks ago
@happydelicious
I don't understand your obsession with race.
There are atheist organisations, but not all atheists subscribe to these organisations, mainly because it's pointless. Atheism isn't a religion, it's a non-belief. I identify as an atheist, yet I have no Jewish ancestry. I came about my ideas by myself.
PacifistPigeon 4 weeks ago
@happydelicious
In a free market and a free society you can believe whatever you want. Many Christian societies throughout history have just a system akin to a free market, take the early United States as an example. You can even form your own voluntary socialist community under a free market if you want to, there's nothing stopping you from believing or accepting anything. The concept of the free market is a Western concept, it is a philosophy that was conceived in our Western Civilisation.
PacifistPigeon 4 weeks ago
Milton was so fucking charismatic. Great man to spread the TRUTH.
stebecool 1 month ago
37:12 MILTON PREDICTS THE FUTURE
redsox1006 1 month ago
Milton is my nigga.
phat989 1 month ago
Austrian economists predicted the housing bubble and the financial collapse due to the over extension of credit. Yet people ridiculed them because the economy was "growing"
amzinasain 1 month ago
Some kid on the street at 3:17 flips off the camera. I guess some things don't change.
cskillet2003 1 month ago
Milton Friedman expanded my mind... I highly recommend this series. Brilliant!
UPutTheGayInGangster 1 month ago
@xk23 I was a liberal until I learned the errors of my ways from Milton Friedman. While Michael Harrington and others liberals care about the poor, their policies are keeping people poor. Free market capitalism is the best way to create prosperity for the whole world.
GGGeoff 1 month ago
these eggs come right from the chicken's aaaaaaaaaaaask me no questions....lol.
I am a liberal and I am beginning to love Friedman.
xk23 1 month ago
Milton: you were a Twisted Enigma. The Poster Child for Capitalism. Gross gloss over the diabolical realities of poverty.
blueguitarblue 1 month ago
@blueguitarblue you weak fool, quit with your retarded slogans..
DREwestcoast 1 month ago
@blueguitarblue
Remember kids, only capitalize words at the beginning of a sentence, or when using proper nouns or titles. For additional help and rules refer to hxxp://owl.english.purdue.edu/owl/resource/592/1/
emmit127 1 month ago in playlist Free to Choose series - Friedman
What kind of world is this? Justin Bieber has 690 million views but this only 50.000. This is why we are screwed right now.
9 governments watched this video :P
iskomuhici 1 month ago 3
46:53 Is that Ron Paul?
mikesheen741 1 month ago
Howdy,
Well, I've watched all 10 parts, and the thing I noticed is most of those who argued adamantly with Milton were displaying typical behavior patterns of a control freak.
According to an article on ec-online the driving force for control freaks is their own insecurity. Do we really want insecure people in control of our lives?
Adios,
Cactus Dan
CDLibisch 2 months ago 17
@CDLibisch You've just made my point for small government. We don't want the control of something the size we've created (big government) to fall into the hands of people we don't trust.
CommonSenseCap 2 months ago 8
@CommonSenseCap Their level of insecurity could be measured by how often they tried to stifle Milton when it was his turn to speak.
CDLibisch 1 month ago
@CDLibisch I agree completely
stankmaw 1 month ago
@CDLibisch You're right, my favorite moment is when the car safety stooge woman defends her point about airbags and other stuff as adding on to the cost of governmental HC, what a preposterous farce.
DREwestcoast 1 month ago
@CDLibisch This was a very astute observation. Indeed all people who adamantly oppose freedom, are people who are AFRAID. This weakness leads them to want someone else to protect them, since they are to coward to do it for themselves. People, be not afraid, you have the power to control your lives. Use reason instead of emotion to take control, free yourself from the cage you have created in your minds. A revolution is coming and it starts in the minds of men.
madetobegreat 1 month ago
@CDLibisch he isn't asking to control your life at all. you're missing the point of what he's saying.
AndrewSpriter 1 month ago
@AndrewSpriter Who are you talking about?
CDLibisch 1 month ago
@CDLibisch
The thing is, Milton wouldn't agreed with himself, nor anyone else, to be in control of "our" or anyone else's life.
PacifistPigeon 1 month ago
@PacifistPigeon
No, Milton does not suggest for government to be in control of our lives. But many of those in all 10 episodes who argued with his viewpoint, were affiliated with some governmental departments that do impose various forms of control over us through the governmental regulations they have the authority to enforce upon us. If you don't see that, then you may not fully understand meaning of individual liberty.
CDLibisch 4 weeks ago
@CDLibisch
So what if these individual do? They're just hypocrites. In a true free market society with true individual freedom, there would be no regulatory body to impose control over us and our lives.
PacifistPigeon 4 weeks ago
@PacifistPigeon That's exactly right. But now I'm thinking you misunderstood my initial statement.
CDLibisch 4 weeks ago
@CDLibisch i don't think you can psychoanalyze someone based on their behavior in one debate. however, it can be observed that people who are used to being the smartest person in the room can look downright flustered and spoiled when having their worldviews dismantled by an unassuming, mild mannered old man.
zackhanscom 2 weeks ago
@zackhanscom True, that's when they start "displaying" that type of behavior, revealing their insecurity. Not all of those who argued with Milton, argued with him adamantly, interrupting him when it was his turn to talk. I was simply pointing out those who were.
CDLibisch 2 weeks ago
Comment removed
benxr2006 2 days ago
@benxr2006 How in the world did you get what I said completely backwards? I totally agree with Milton Freedman's philosophy of freedom of choice and limited government. If you go back and read my comment more thoroughly, you'll see that I was commenting on the behavior of some of those who opposed Milton. The people in this first part weren't as bad, but after you watch all 10 parts, I think you'll see which people I'm talking about. ;o)
CDLibisch 1 day ago
@CDLibisch lol my bad, I do that way too much
benxr2006 20 hours ago
Comment removed
stebecool 2 months ago
@stebecool
Yes, it definitely goes along iwth the program and there are some new issues/arguments also brought up.if you like the program i recommend you get the book.
fountainherz 2 months ago
Comment removed
stebecool 2 months ago
Milton Friedman would vote Ron Paul 2012
ESNGent 2 months ago 4
These days...that italian family shown at the beginning of the documentary would have gotten in Trouble with CPS bc they allow their 16 year old boy to drink wine at dinner and CPS would take the kid away from the family..thats how things are 35 years later!!
PARAMITI 2 months ago in playlist Favorite videos 2
@PARAMITI good point, Life in general has so much degenerated in the last 50 yrs.
DREwestcoast 2 months ago
and the debate starts at 28:50
rcmeyerson 2 months ago
It starts for real at 1:21
rcmeyerson 2 months ago
I am interested to know how and where you got the rights to stream this video production?
Thank you
Thewizzardof9 2 months ago
Although I like Milton Friedman I do not like his monetarist policies. I like the Austrian school better than the Chicago school. We desperately need sound money because we are on the verge of a dollar collapse. Ron Paul 2012
tommy35ss 2 months ago
Classic is-ought problem with Michael Harrington's solution. Just because government IS gaining power and influence over the market doesn't mean it OUGHT to be that way.
TheManzinator 3 months ago
:Appaled by his ideas"
Oh NOES!!!! More freedom and less government control!!!! AWFUL!!! How can we survive???
Sheez.
rmurph42 3 months ago 3
these guys (not milton) are idiots. you can take sound economic principles and apply them at ANY point in history. he is pointing out classical principles that are working in modern global markets like hong kong and they still say 'we have to work from where we are'. that's why you're not getting anywhere!
theAbeElement 3 months ago 2
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theAbeElement 3 months ago
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theAbeElement 3 months ago
Motorola CEO Robert Galvin just passed away 10-11-11. He created Motorola's quality control program that has kept it competitive to this day.
RoboSlater 3 months ago
Marxist-socialist Michael Harrington died of cancer 9 years later in 1989. He's the one who can't argue himself out of a paper bag.
RoboSlater 3 months ago
43:54 Friedman just summed up Occupy Wall Street
bmx4637 4 months ago 27
@bmx4637 you're right, there may be some such people, but a substantial portion of them are just tired of the alliance between wall street predator banks(not every single banker..) and the 8% approval crooked congress
DREwestcoast 2 months ago
@bmx4637 occupy wall street doesnt make logical sense. Those people are angry at the wrong group. They should be angry at the government, not the rich people who are benefiting from this system.
kofine10 2 months ago 3
@kofine10 EXACTLy; I have been saying this for the longest.. the ironic thing about some of these protestors is that they blame capitalism and then use the banking bail outs as an example of how capitalism has failed us.. crony capitalism is the problem...
stankmaw 2 months ago 5
Lol it doesn't matter when an idea emerged, advocating it is not advocating a return to the time when it emerged, it's simply advocating the idea.
SkepticThink 4 months ago 2
@SkepticThink lol yeah I never got these people who claimed to be so intelligent yet fall into that idiotic line of reasoning. As if parents would toss their children into a coal mine if we have "unfettered" capitalism.
emp0rizzle 3 months ago
@emp0rizzle soo true!!
sniped101 3 months ago
@sniped101 because as we know kids where happily playing Pokemon until the industrial revolution and capitalism came along.
emp0rizzle 3 months ago
The video Obama needs to learn from.
cariblass 4 months ago 36
@cariblass let's send him a copy?
ParamourProductions1 4 months ago
@cariblass Obama would watch it so he could pleasure himself to Michael Harrington.
RoboSlater 3 months ago
Thanks for uploading!!!!!!
00puddles00 4 months ago
The factory workers around the turn of the century had it so good. They just didn't know it!
I suppose the slaves were also lucky to get put on a boat and shipped over here too. What a great opportunity they had!
What a load of crap.
AirplaneRider 4 months ago
@AirplaneRider lol and is socialism, communism, or fascism any better? you make it sound like there is something out there that is better so what is it and why? I can tell you from fact almost every socialist/communist nation falls or collapses because central planning will never work. This has been true in the case of soviet Russia, Chile, china, India, and northern Korea..all of these nations were eventually unable to provide basic structure to their people because governments are inefficient.
MrObveous777 4 months ago
@MrObveous777 You tip your hand as to your level of intellect when you conflate socialism, communism and fascism in the same sentence. It is most likely unproductive to even attempt to reply to such a mess of an "argument". In your mind present day (socialist) Scandinavia, who have some of the highest living standards in the history of mankind (measured across many demographics), must be on par with the some of the worst totalitarian regimes in history. Bravo sir. Bravo.
AirplaneRider 4 months ago
@AirplaneRider I am simply asking a question. every socialist uses the same example I could name a dozen countries that have went through hyperinflation and food shortages because of socialist policy. instead of arguing the mess of my argument, argue the idea of it. we could probably have a more productive conversation. as for Scandinavia it has more of a FREE MARKET than the U.S that is why. they are also teetering between two national party's.
MrObveous777 4 months ago
@MrObveous777 one national party is very conservative the other is very socialist. but you also have to understand that paying that much in taxes could easily pay for your own retirement plan and health insurance in a real free society and you would be left with a ton of cash still. they pay 60% of what they make goes to taxes. and also they have less corruption in Sweden then in the U.S. so your thinking is false that this system can work for every one. Free markets have always been a success.
MrObveous777 4 months ago
@AirplaneRider in the 1970's-1990's living standards in Sweden were very low because of the labor party. they were literally on the brink but THE FREE MARKET saved them not socialism. the raising of interest rates and the privatization of key markets allowed Sweden to put off its day of reckoning. You also have to understand that if Sweden was more free the people would be a lot more prosperous. Sweden actually proves that the free market works not the other way around.
MrObveous777 4 months ago
@AirplaneRider I think Greece is a modern prime example of a socialist nation not being able to work. literally it is on the brink of destruction. because Greek citizens do not want to pay for a free lunch but int the real world there is no such thing as a free lunch. Greek citizens do not want to pay for what they have gotten for free. unfortunately mostly all socialist nations end in either hyperinflation, or food/goods shortages. personally Free markets prove to work the best in any case.
MrObveous777 4 months ago 6
@AirplaneRider Because they were better off starving from the communist Marxist regimes?!
MrObveous777 3 months ago
i think the best(so to say) thing about this video is that all that is discussed 30 years ago is still relevant and some of the fears expressed (the fail of medicare, the increasing government spending faster than the gdp) are now truly visible
ioannage 4 months ago
these jewish zionist globalist banking free trade bullshit economics destroyed the world. University of Chicago economics just as bad as the London skool of sucknomics.
mrzack888 4 months ago
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stebecool 2 months ago
Well, you have to say, the founders really did miss the beat on that one - not that they could be expected to foresee all and know all, but if they were so concerned with limiting government strictly, why not specifically write into the Constitution something like "Government's total annual expenditure can never at any time exceed a maximum of 5% of the total gross domestic income of the nation". Then they could never have exceeded it. They would find loopholes etc, but it would be much harder.
mikedans55 5 months ago
@mikedans55 Except that is an unenforceable law. Because if the govt goes over that percentage of GDP, how can the Supreme Court or Executive branch legally reduce it? Plus in time of war, survival may depend on not being stuck at a random number. If the 10th amendment didn't work, what would? The Preamble is taught as a power and not as a goal of which they thought limited govt accomplished. Regulating interstate commerce means govt can do anything. Nothing would've stopped em
cheeseburger12 2 months ago
Milton Freidman is a genius.
Wake up obamaites!
407ForRent 5 months ago 4
This film should be sent to all those big bankers who were bailed out and to companies like AIG and shown as a training film. The part where 'if they fail they bare the burden' should be emphasized. Yet, those companies who probably have top employees who love Mr. Friedman don't live the philosophy do they.
Foreshadow44 5 months ago
@Foreshadow44 While you are at it, you may wish to say something to the Federal reserve and their destructive polices of extremely low rates have played on distorting the mortgage and savings market.
cheeseburger12 2 months ago
Freedom is the answer. Most of the cental planning states like Michigans have declined over 50 year because of their socialist policies that have destroyed their economy. Now Detroit looks much like a 3rd world nation.. Cleveland too another 3rd world country because of centalized government planning. California has made the same mistakes and they would see it so you will see a decline and yes LA is looking much like a 3rd world country as well.
PaulReverenews 5 months ago
Michael Harrington is a MORON.
UCSDEngineerDoctor 5 months ago
@UCSDEngineerDoctor OBAMA is also a MORON.
UCSDEngineerDoctor 5 months ago
Milton is a genius, we should have a Milton Friedman nowadays.
guilledmartin 5 months ago
so good.
thecritiqu 5 months ago
it really starts getting interesting when the eggheads weigh in around 30:00
SFConifer 6 months ago
It saddens me to see that the children and grandchildren of Hong Kong today are slowly destroying this system. They have since followed the poisonous concept of entitlements and welfare.
98wongjf 6 months ago
@98wongjf Nah its just moved to Shenzhen and GZ, which is just a stone throw away. Hk is service sector now, and all the industrial is moved to the mainland.
yoyuepz 6 months ago
@yoyuepz Since this show, Special interests groups have started to eat into HK free market system. HK has now has social welfare, socialized education, expanded the socialized housing, and minimum wage mandates.
98wongjf 5 months ago
@98wongjf maybe so, but like I said its moved to shenzhen and mainland china, where you have to pay for everything and no questions asked policy therefore FREE market. And hk is developed, even the uk banks were thinking to move to hk recently. But I think hk still offers better laws compared to uk and usa nations. For example many of the file hosting companies are based in hk due to their flexable ip laws.
yoyuepz 5 months ago
This has been flagged as spam show
@DanielCDaves Beautifully said, sir!
Ron Paul 2012
toshzpelta 6 months ago
.. Did not come from the "best people" but from Blacks and Hispanics?
MrOneBlackMan 6 months ago
Milton Friedman was the most brilliant economist of the 20th century. Plus, he had the unique ability to take seemingly extremely complicated issues and make them easily understood by the economic layman. The great thing about these sets of Friedman presentations is that the information is simply the reality. There is no dogma.
TomKaren1994 6 months ago 2
@TomKaren1994 you really should read Ludwig von Mises, F.A. Hayek, and Murray N. Rothbard
DarthByss 6 months ago
@TomKaren1994 "If you can't explain it simply, you do not understand it well enough." - Albert Einstein.
jwihde 6 months ago
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dynastus100 6 months ago
friedman makes some pretty terrible fallacious arguments at the end, the strawman about "you are questioning the pragmatism of advocating less government? you must want corporatist despotism!" was awful
afaultytoaster 6 months ago
We need to show this series to Obama.....oh sorry, you already said that..."to first graders".
2Tellthetruth 6 months ago
Love it
Twomonthago 6 months ago
52:40 (roughly)
Fringeelements did a video that (unintentionally) dissected the state socialist's argument about research cost.
fountainherz 6 months ago
Good Lord. I think Friedman was the only person in the room with an IQ over 90. Ridiculous.
Atreus21 6 months ago
@Atreus21
And Thomas Sowell!
fwanksajerk 6 months ago
Thanks a lot for uploading this! :D
MEv1551 7 months ago
Friedman acknowledges the triumphs of unions at 5:17
Saebeck32 7 months ago
I love you Dr. Friedman :P
0o0justin0o0 7 months ago
When I listen to a politician speak I want to throw...
$politician = 'true';
if ($politician) {
ostracize();
}
AngryHateMusic 7 months ago
He don't know crap about what the crooked toxic waste corporations are doing....throw it in a creek, blow it in the air, or sell it to people who make toothpaste and/or foods to put it in to kill people and make money off it! I liked him 'til NOW!
Licmycat 7 months ago
People were much more civilized in this time,
Can you imagine having a conference like this today with Naomi Klein, Michael Moore, Bill O'Reilly etc..
seppsters 7 months ago 2
@seppsters
True, though I cannot help but feel that most of those attacking Freidman have a about the same level of arguments: very low
Illyrien 7 months ago
It is okay to offer poor working conditions for immigrants just because they will eventually leave? I don´t think the old lady at 05:28 will leave at all. I would rather say "these factory shoud have the proper working conditions. Let´s find a way to do that", than saying "if we close down this factory they wouldn´t have a job".
lukazka 7 months ago
42:41 DOes this video randomly cut out or something? When Milton Friedman says "I dont agree with him at all" It seems odd that there wasnt any question asked to Milton if he agreed with him or not
superlucci 8 months ago
Holly hell, check out 36:40
In 1980 Freidman said that young people just entering the workforce would get a ''raw deal'' from medicare.
Medicare is set to run out of money in 2024.
A 20 year old just starting to pay into Medicare in '80 will be >(64)< in 2024!!!
WVMADMAN1 8 months ago 52
@WVMADMAN1 seems Dr. Friedman is more relevant than ever
dmowings 7 months ago
At 46:52 is that Ron Paul
richiegimp 8 months ago
Milton Friedman is one smart bad ass.
5that1dude5 8 months ago 8
I tried to make my own opportunity by starting my own business, but i got shut down by my socialist municipality. Fuck socialism, let us better ourselves
acercomputersruleyou 8 months ago 20
@acercomputersruleyou how'd they shut you down
frostbytet17 7 months ago
@frostbytet17 long story short: a senior bureaucrat told us we weren't in any contravention of any laws, told us we could open up, we were given a business license, and then they said afterwards that we were in fact in contravention of a bylaw. The guy who said we could then denied he told us we could and we're now screwed. We were doing segway tours... it wasn't like it was a brothel or something... lawsuit pendng...
acercomputersruleyou 7 months ago
@acercomputersruleyou that sucks man, get everything in writing from now on then eh?
frostbytet17 7 months ago
@frostbytet17 yeah man, learned that lesson the hard way...
acercomputersruleyou 7 months ago
milton friedman is a genius, some of these other professors are morons...god i hate listening to these other morons talk...
simpletruths10 8 months ago
@simpletruths10 you shouldnt.. I actually love hearing the other side of the argument so when some one present a similar to me, I'd know how to reply back :)
101simar 7 months ago
lmfao 25:05, "you know where these eggs from ? right from the chickens aaaaaass"
hayden50 9 months ago
how did the united states get from this to the VIEW??
madscientistify 9 months ago
on 11000 views??? Seriously people are so ignorant.
robrigo80 9 months ago
Michael Harrington is an evil shithead! His 'capitalism was wonderful for its time' patronizing as if his socialism/totalitarianism was something fresh and new was shameful - so glad MF called him on it and shoved his bullshit right up his ass! God damn it I hate liberals!
lladnarg 9 months ago
At 15:48 - 17:45 - Hallelujah!!!
lladnarg 9 months ago
people like that guy at 29:00 invent class struggles wherever it suits them.
samm1809 9 months ago
Milton... those guys are fools, soaked with socialism...
technical12345 10 months ago
FUCKING THANK YOU FOR UPLOADING THIS
I have watched this series by myself before, but it is always better to see what others have to say about the films.
ipewnfspoaf 10 months ago
Fucking socialists/communists - they are NOT pro people, they are pro working for lazy bastards, like the socialists and communists themselves. We have had this in Poland since 1945 and our country is in ruins now because people prefer to be lazy bastards rather than to have free market.
technical12345 10 months ago
Starting at about 36:38...
PROPHETIC !
skoobalon 10 months ago
friedman FTW!!
AroundSun 10 months ago
WHY DO PEOPLE CONFUSE FREEDOM WITH QUALITY OF LIVING???
aaronelharar 11 months ago
As far as the environmental aspects go of this conversation I would have to again suggest the beleaguered legislation of Cap and Trade. Considering that scientist have proven that there is an impact of pollution on society and on health and it is only fair that the perpetrators of such pollution are forced to pay those cost. I'm sure similar legislation could be created that dealt with water pollution. And it would seem to me that those truly in favor of a free market would be in favor of it.
MrFerrariDaytona 11 months ago
@MrFerrariDaytona
Take your stupid Cap and Trade and shove it up your ass! Why do you people keep preaching that shit!
lladnarg 9 months ago
Thank you for posting these videos. Very interesting at the end of the video when Michael Harrington labels free market solutions to societal problems as backward thinking. Friedman is of course right on in telling Harrington that in actuality it is his government/market-mixed solutions are the ones that are backwards. Friedman hinted at it but didn't label it what it was: neo-mercantilism.
blackerton 11 months ago 2
Great upload!
I wonder what Friedman would make of the impending global carbon tax. (Shudder.) He'd probably say let the market offer low carbon products/services and allow the individual to decide whether or not to pay a premium for them. That way the free market could decide if global warming really is such a cataclysmic threat like the eco-fascists want us to believe.
MrCitizenuk 11 months ago
@MrCitizenuk Good to see this propaganda has worked. Bernays would be proud.
Hyuiolosa 11 months ago
@MrCitizenuk dr friedman had an opinion on environmental issues. Watch the videos "milton friedman on libertarianism"
aaronelharar 11 months ago
Thanks for the video - Very enjoyable.
zalida100 11 months ago
Gov of delaware= Moron. How does freedom improve when govt is dictating what a person can or cannot do? The problem with many in govt is that they think they are smarter than the common folks.
shaqdaddy11 1 year ago
Government is the ultimate monopoly.
Rensune 1 year ago
Thank you so much for the video
albania614 1 year ago
you rock for putting this whole video up.
they should show this to first graders.
and second graders
and third graders, and so on...
...and by the time people get to college, maybe they'd have the balls to debate their socialist professors. :)
ZamolxisReborn 1 year ago 93
@ZamolxisReborn great idea!
skoobalon 10 months ago
@ZamolxisReborn Right on.
CarlosMarti123 9 months ago
@ZamolxisReborn loool yes! I agree "socialistic"... thats for sure!
yoyuepz 6 months ago
@ZamolxisReborn Public Schools will never put this in their classrooms, our schools are controlled by the teachers UNIONs, & by government bureaucrats like the POSTAL SERVICE. School educators are UNION cronies, & they brainwash our kids with their liberal textbooks. Milton Friedman economic philosophy goes against the UNIONs waste, fraud, & taxation.
UCSDEngineerDoctor 5 months ago
@UCSDEngineerDoctor can't blame everything on the unions--they certainly help union workers...or at least union bosses.
.
but it doesn't hurt to dream. this series would be great to show in the classroom. i don't care it if would be accompanied by marx's writings, or whatever--once the kids get exposed to these ideas, most will see that they are correct, better, and righteous.
.
for example, my hs macro econ teacher showed us clips from Commanding Heights--that's a great series also, watch it.
ZamolxisReborn 5 months ago
@ZamolxisReborn GOOD luck, the teachers UNION will have you fired if you show MILTON FRIEDMAN. But if you hit a kid, are a bad teacher, or a child molester the UNIONs wont fire you.
UCSDEngineerDoctor 5 months ago
@UCSDEngineerDoctor hey...if UCSD isn't treating you well, just come on down to texas!
no teachers' unions here! (they're illegal)
.
thankfully, we DO have right-to-work states around this great country...
ZamolxisReborn 5 months ago
@ZamolxisReborn The UNIONs have bankrupt this country. Everybody blamed BUSH. But BUSH did not bankrupt GM, GE, or sent jobs overseas. The democrats whoring themselves out to the UNIONs have tanked this economy. The democrats dip their hand into the cookie jar, & take a big bite out of the taxpayer while we are busy making the cookies for them, the UNIONs get their share & there is just crumbs left for the students. Than they turn around & blame us or raise our taxes when we are all broke.
UCSDEngineerDoctor 5 months ago
@ZamolxisReborn I might have to. CA is BROKE due to the UNIONs catering to ILLEGALs.
UCSDEngineerDoctor 5 months ago
@UCSDEngineerDoctor california's broke because it's been run for decades by lefty liberals who don't know how to manage money. you can't give away money that you don't have(unless you're the feds), and you can't tax the high techs out of existence, 'cause they'll just go to texas instead. :)
.
ps: immigrants built this country, and are some of the hardest working people around. do you like fresh fruits and vegetables? say "gracias."
ZamolxisReborn 5 months ago
@ZamolxisReborn No, legal immigrants who came here built this country. The ILLEGALs come here in CA go on welfare, we have to pay for their healthcare, foodstamps, & have 4-5 kids that we have to teach, they end up joining gangs, we have to pay for the teachers, cops, jail, jail guards, social workers, & the huge UNION bureaucracy that goes with it. BILLIONs we flush down the drain, & the high taxes the liberals pass so it get more funding til we are broke.
UCSDEngineerDoctor 5 months ago 4