@gal Employment system is the wage slavery of immense humanity in a politically manipulated,tyrannical Market System of artificial scarcity to perpetuate the conditions of wage-slavery in the interest of the Owing/Ruling class. A criminal system of monopolising Earth for their insatiable drive for ever more Capital and Control. Capitalism is organised violence
@Doe The fundamental principle that we need to grapple with is this , Humanity cannot be treated as batteries of energy so a few can enrich and empower themselves the consequence is a world of war,poverty,exploitation,enviornmental destruction and many other terrible ongoing challenges, or We share the earth for all generations to come in harmony and cooperation for our material and emotional needs, We need to understand our common source and our common destiny , our common humanity as one.
@arzoyan No, you have it mixed up, what you are describing is known as Communism. Free Market Capitalism provides the greatest amount of opportunity for individuals to better their life. Communism is a highly organized central authority holding a gun to your head telling you what you can and cannot do with your life while all the while taking the fruits of your labor by force.
@lurker76 Corporate dominated society is not really that different to state dictated political dictatorship . Its only ideological style of power elite dominaing the working class Free Market Capitalism is a myth for educated fools , where and when any STATE was not involved in setting the agenda for the direction of so called FREE MARKET ?
Yeah, but then I get depressed that the crazy left have so much damn power and cause so much harm to people. He simplifies and makes so much friggin sense I become crazed that so many people still don't get it.
The Fed stabilizing our economy? Give me the biggest fucking break in the world. The Fed is the cause of our economic problems, not the solution. End the Fed. End fractionalized banking practices. Stop borrowing money and start printing our own money. If we can print those treasury bonds we can print money. All we do is intellectually debate ad neauseum about the Fed, interest rates, spending, etc. What a load of horse shit. We are indebted to international bankers and it is our fault.
What about spending others' time and resources for three decades to test your own ideology? There are many ways to be an economist and being a demagogue is not one of them.
He argues that free market will fix its problems EVENTUALLY. That's the tricky part. e.g. while Scandinavian countries are addressing the healthcare TODAY Milton suggests we should let the market solve the problem of 50 million uninsured Americans, which might take for decades even if happens. Another examle, while some governments actively try to sovle their 'access to clean water' problem, many of them (where Friedmanites are still active) are willing to wait and see whether Nestle solves it.
Insurance isn't even an efficient way to cover the entirety of health care costs. It's one of the most expensive ways. That's why it's only supposed to be used for catastrophic events and the rest is supposed to be up to the individual with preventative care and regular checkups so they catch things early before they become a problem.
As for water, I haven't looked into that. Sounds interesting. I been wanting to look at that.
thank you for these videos
acidhead43 8 months ago
Isn't it wonderful to think that right now, Mr Friedman is burning in hell.
tennantesque 9 months ago
@tennantesque No, he is sitting next to God, and Gods says: "Thank you Milton for trying to free the people from the ignorant politicians"
Sunchico 9 months ago 2
@tennantesque its also wonderful to know that you are an idiot =)
mrjercan2 6 months ago
@tennantesque Aw, a Communist with hurt feelings. I say Milton did his job if he got under your skin this much.
gdbalck 4 months ago in playlist Milton Friedman
Capitalism is the organised legalised robbery of the immense humanity in the interest of the criminal gangs of have
arzoyan 1 year ago
@arzoyan So if I make a pizza and sell it to you, I am robbing everyone who eats the pizza. I didn't realize.
galaktar 1 year ago
@gal Employment system is the wage slavery of immense humanity in a politically manipulated,tyrannical Market System of artificial scarcity to perpetuate the conditions of wage-slavery in the interest of the Owing/Ruling class. A criminal system of monopolising Earth for their insatiable drive for ever more Capital and Control. Capitalism is organised violence
arzoyan 1 year ago
@arzoyan ok now... what??
DoelGr 7 months ago
@Doe The fundamental principle that we need to grapple with is this , Humanity cannot be treated as batteries of energy so a few can enrich and empower themselves the consequence is a world of war,poverty,exploitation,enviornmental destruction and many other terrible ongoing challenges, or We share the earth for all generations to come in harmony and cooperation for our material and emotional needs, We need to understand our common source and our common destiny , our common humanity as one.
arzoyan 7 months ago
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@arzoyan ok now... what??
DoelGr 7 months ago
@arzoyan No, you have it mixed up, what you are describing is known as Communism. Free Market Capitalism provides the greatest amount of opportunity for individuals to better their life. Communism is a highly organized central authority holding a gun to your head telling you what you can and cannot do with your life while all the while taking the fruits of your labor by force.
lurker76 3 days ago
@lurker76 Corporate dominated society is not really that different to state dictated political dictatorship . Its only ideological style of power elite dominaing the working class Free Market Capitalism is a myth for educated fools , where and when any STATE was not involved in setting the agenda for the direction of so called FREE MARKET ?
arzoyan 3 days ago
This has been flagged as spam show
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TedDGPoulos 1 year ago
Why arent more people reasonable??
Ohyeahbaybay 1 year ago
Hear, hear!
jvphung69 1 year ago
excellent work!
1888junkteam 1 year ago
I admired you MR. Friedman.
theeconomist100 2 years ago
Some people watch sitcomes to cheer up. I watch Milton Friedman :) Honestly..
OMikrosIroas 2 years ago 63
Concur.
994464 2 years ago 2
Yeah, but then I get depressed that the crazy left have so much damn power and cause so much harm to people. He simplifies and makes so much friggin sense I become crazed that so many people still don't get it.
tomthefunky 2 years ago 7
I love the guy too
Daniel44125 2 years ago
@OMikrosIroas
Me too
billyboy630 1 year ago
It's sad to see the king looking like that.
DannyBling 2 years ago
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The Fed stabilizing our economy? Give me the biggest fucking break in the world. The Fed is the cause of our economic problems, not the solution. End the Fed. End fractionalized banking practices. Stop borrowing money and start printing our own money. If we can print those treasury bonds we can print money. All we do is intellectually debate ad neauseum about the Fed, interest rates, spending, etc. What a load of horse shit. We are indebted to international bankers and it is our fault.
BourneAccident 2 years ago
Fantastic video. It's amazing to see a person of his age be as lucid as he is.
hughugh 3 years ago 34
Mr. Friedman was a great man.
ProudConfederateSon 3 years ago 16
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What about spending others' time and resources for three decades to test your own ideology? There are many ways to be an economist and being a demagogue is not one of them.
nycistanbul 3 years ago
mind elaborating?
theyukon 2 years ago 6
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He argues that free market will fix its problems EVENTUALLY. That's the tricky part. e.g. while Scandinavian countries are addressing the healthcare TODAY Milton suggests we should let the market solve the problem of 50 million uninsured Americans, which might take for decades even if happens. Another examle, while some governments actively try to sovle their 'access to clean water' problem, many of them (where Friedmanites are still active) are willing to wait and see whether Nestle solves it.
nycistanbul 2 years ago
Insurance isn't even an efficient way to cover the entirety of health care costs. It's one of the most expensive ways. That's why it's only supposed to be used for catastrophic events and the rest is supposed to be up to the individual with preventative care and regular checkups so they catch things early before they become a problem.
As for water, I haven't looked into that. Sounds interesting. I been wanting to look at that.
stealthswimmer 2 years ago 4
Friedman rocked
martinwer3 3 years ago 15
Amen Milton! I'm glad you are not here
to see what our government is doing today.
The Leviathan grows ever more powerful...
jdmars02 3 years ago 16