noam Chomsky - Regan and Friedman Economics 6-6
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people around the world dont like america is not because of america's "FREEDOM" They hate because american is a terrorist state who uses violence to control the world.
gobuddyboy 4 months ago
Whatever Friedman said is irrelevant, actual free market ideology in practice is the new "Communism" of the 21st century, in so far as it being the new coolest intellectual thing, ready to be abused. Soviet Union was about as communist as the emerging global situation is truly free market. I love when neoliberals use china as some kind of example, when the Chinese gov't accounts for about a third of the GDP...
HoRostam 7 months ago
@mutantstrain Good point. Friedman is often blamed for the negative consequences that have come about when it appears his ideas were hijacked by powerful interests in the process.
How can you have a freer market with these interests at play who hold so much influence over it all?
rhth79 7 months ago
Both NC and MF would NOT advocate their views at the end of gun. This an important point that I think gets missed.
MF would argue "look how much better off these people are"
NC would say "look at all the misery we've created"
And Both men would be totally correct.
Personally I would advocate a "freer" market but not at gun point.
This is where NC has the moral high ground. But remember MF was not a hawk, nor a republican: He was a libertarian!
mutantstrain 10 months ago
@boing3887 I wrote; "Before there were nation states"!!!
nammoo89 1 year ago
so please give the specific examples. what countries used largely free market policies and thrived?
boing3887 1 year ago
Before there were nation states with nationalistic/protectionistic policies!
nammoo89 1 year ago
Modern history, i.e. history of protectionist nation states?
nammoo89 1 year ago
We have crappy stores here too!
nammoo89 1 year ago
Well protectionism/nationalism/trade barriers etc are detrimental to most people.
A manipulated/inflated fiat currency system distibutes money in an uneven manner, i.e. look at the obscene incomes on Wall Street, they wouldn`t be able to make that kind of money if the money was linked to goods with intrinsic value.
nammoo89 1 year ago