Milton Friedman - Path to Socialism 2

Milton Friedman explains the dynamics that naturally lead toward collectivism---and away from the far preferable state of individual liberty. (2 of 2) http://www.LibertyPen.com

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[Jdlifsey]

Liberals believe that Republicans are for CEOs having total power.

Republicans believe that Liberals are for government having total power.

CEOs wouldn't be as potentially evil as a ill-intentioned government bureaucrat that can pass laws and has the military and the police.

[LibertyPen]

Absolutely right. Folks should not be distracted. CEOs cannot take your liberty, but government can.

[syghur]

@eyeammi You vote a CEO out of power by selling your stock. Or not purchasing it in the first place. If a CEO cannot produce a profit, he will be fired. Capitalism is the most efficient form of democracy.

[tikkaman100]

@elvisfan22 You fool, how long does this price drop last? Is it not true that oil companies generally profit about 9 cents per gallon? They do all the work then government grabs 70 cents per gallon just because you bought it, no risk to them. I know you think you are conservative but you know not what you speak. Remember, gas is a commodity, like corn and wheat and iron. Profit margins are typically meager in commodities. Net profit dollars seem high because EVERYONE buys commodities.

[tikkaman100]

@eyeammi That is silly on it's face. Such a system cannot self-sustain. In a truly free market society, all industry becomes competitive. Good workers will gravitate toward employers who treat them fairly. More importantly everyone has a much better opportunity to become their own boss via entrepreneurship. And yes CEO's CAN be voted from power. And often are. Success talks.

[eyeammi]

If left to their own devices, big business can (& does) enslave the working class. Unchecked greed & profit at the top drives down wages to a point past which refusing the offer isn't an option. Just look at sweat shops. Those workers can't say no to their wages because the other option is starvation. A reasonable level of government regulation is needed to balance that out via elected officials, (by the people) not unrestricted, unelected, unrepresentative CEOs.

Can you vote a CEO from power?

[ariuszarim]

@Chicagospalla Advocating circumventing the law is just speech, just talk. We, in America, can talk all we like. Actually circumventing the law, that's criminal. Don't confuse the word for the thing.

[hennypenny247]

@Jdlifsey

That's right, because CEOs don't claim to be doing it for your own good. There is no limit to the evil that can be done in the name of some good cause. Don't forget, Obama and his closest advisors are Alinskyites who believe the ends justify the means. He truly DOES NOT CARE if his policies harm individual Americans, as long as he believes they advance his goal of creating a utopian society.

[elvisfan22]

@libere 1) Gas companies charge outrageous prices from the help of liberal dems who have instituted an inner monopoly. Even when we TALK, not drill, but TALK about drilling on US soil, gas prices plummet from fear! 2) All that must be done is for everyone to consume 10% less gas for only a short time; this would force gas companies to drop prices. However your alternative is to enforce a lifetime of socialism! One month of driving a little less OR NAZI socialism? And you choose Nazi socialism!

[elvisfan22]

@libere Name a CONSTITUTIONAL freedom that corporations are taking away? As far as "deception", like liberal socialists (Obama) don't use propaganda??? And yes you can hold corporations accountable and can do so OVERNIGHT, however you can't with big governemnt. It takes wars and death to overturn big governement; it takes a weekend of boycotting a companies product to run them into the ground.

[libere]

@LibertyPen There's the whole problem right there! That's a complete misinterpritation. Corporations ABSOLUTLY CAN AND WILL take away our freedoms every chance they get for their bottom line. They can even manipulate "reality" and delude the masses with advertizing and other wapons of mass deception! They slowly fool people into a self imposed slavery. We can hold government accountable but what can you do when corporations buy their right to distroy the planet and pillage society?

[libere]

@drd105 Government TRIED TO STOP MONOPOLIES WITH ANTI TRUST LAWS which were all but erroded away under this anti government craze- How can you tell me after all that we just saw with the problems dereulation caused that WE NEED MORE OF THE STUFF THAT ALMOST KILLED US???