Free Markets and World Peace: To Occupy Wall Street, From Milton Friedman

[Uncle99B]

Why would anyone listen to this snake oil salesman?

His is the face of evil playing at being a simpleton

[mattbell555]

...and they can run into their bunkers.Peace and love to you.

[mattbell555]

Those who wants to use OWS to put in front the people their platform of socialism or capitalism are dead wrong.You are missing the point  !It is more about morality,compassion,equity,lov­e.Whatever system you have ,if you have bad men(dark lord) ,the system will be a fiasco.People makes me laugh with their libertarism vs socialism.If you really know how the system works you shouldnt be annoyed by that duality.In duality they are strong and we are sheep in unity we are strong ...

[mattbell555]

If you make no rule on the market,the economy will crash in a matter of days.And after that,the biggest company will buy the little one and the final result will be like in resident evil Umbrella corp controlling everything.Free market in this world could never be applied,never.I dont defend socialism either.Yes with socialism,you will have free school,free medecine etc but you give your labor to the state or the gov,if not you are useless.Both systems make you slave in a way.

[f33d4ward]

@mattbell555 Monopolies can only be supported in economies where governments intervene via corporate welfare and bailouts. In a free market, competition will always undermine any form of collusion between companies. It is the profit motive itself that prevents companies gaining absolute control over the economy. In a socialist this state, this type of economy is impossible.

[mattbell555]

@f33d4ward not at all,pure uncontrolled capitalism leads in the long term in monopolies.One company owning everything.In socialism its the state that own everything.Today we are living in a mix of the two.

[f33d4ward]

@mattbell555 If we were living in a state of pure, uncontrolled capitalism there would be no bailouts, no corporate welfare. Corporations can only maintain monopolies in a highly regulated economy - protectionism, subsidies, tariffs, etc. ultimately serve to undermine competition.

[mattbell555]

@f33d4ward I dont agree but I understand your point.peace

[mattbell555]

corporation should be there to serve the human .Capitalism and socialism systems are the same bs created to divide human and make them fight together while the real power ,the head of the snake can do whatever they want.

[JonMSanderson]

I was with Milton until he said people were brought together by "Prices." As if it is Greed that brings people together. People create things, and seek to create things, for many reasons. If you say it's "Money" then that begs the question "What is money for." People want homes, food, clean water, and a simple life. Just because the system requires money to attain those things doesn't make money inherently good. And when people can use money to make money... then it's just evil.

[f33d4ward]

@JonMSanderson People use money to make money all the time. You buy a car to drive to work so you can earn a living. A carpenter buys tools  - a film maker buys cameras, etc. You are right, money is only one form of capital, it is the means by which individuals acquire "homes, food, clean water". When the state controls the production of goods these choices and opportunities do not exist and the government planned economy will eventually fail.