John Stossel - Free to Choose

John Stossel and Johan Norberg discuss the foremost recipe for prosperity and the legacy of Milton Friedman. http://www.LibertyPen.com

Category:

News & Politics

Tags:

• liberty
• conservative
• libertarian
• government
• freedom
• market
• capitalism
• individual
• voluntary
• exchange
• trade
• wealth
• poverty

[sdfkjllshadflhadfshl]

This shit is so SIMPLE! Why can't our politicians understand and embrace these concepts? Whenever a government tries to protect us from failure they ensure that more people will fail.

[billyguns2]

Friedman's ideas are NOT in place now; tyrants are in charge, haven't you noticed? WAKE UP!

[Antiks72]

@1999521 No they didn't as cataloged by Klein's book "Shock Doctrine"

[1999521]

@Antiks72 Actually it´s true. A very similar thing happened in Spain during Franco´s dictatorship. One needs to separate human rights violation and economic efficiency. Friedman´s policies really worked.

[fzqlcs]

@sadrihsihs See the video, "Thomas Woods - Predatory Pricing." Your concern has proven to be unfounded.

[sadrihsihs]

Is 100% unregulated market good for weak economies and New independent nations? Can't it be a case where wallmart goes there and destroys local sellers by selling goods at much cheaper rate. Wallmart can operate in loss for a long period of time. This proves to be fatal for already struggling poor producers. The producers then take jobs of less skills thus loose their worth too. Thus after creating monopoly, wallmart removes all the gains of freemarket, for 2-3 generations.

[Antiks72]

@1999521 That's a straight up lie. Pinochet was not a fucking miracle worker, and neither were Friedman's policies.

[1999521]

@Antiks72 Actually, it was quite the opposite. Cuba, were socialism ruled, was shit, while Chile, where Friedman´s policies were strictly followed, had an economic miracle that even lasts today.

[Antiks72]

@TheGroupeslc People haven't been bailed out in the U.S.; the banks have.

[Antiks72]

Funny, because Friedman's insane free market policies were an abject failure in South America when they were tried and seventies. Free market policies require a police state.

[FletchforFreedom]

@parsonman05 China has no OSHA. Instead, being still primarily dictatorial rather than capitalist, they dictate poor working conditions. As China has embraced a minimal level of capitalism, living standards and working conditions (while still not up to the more capitalist US standards) have improved tremendously.It is the GREATER level of control that is the problem. The free market has ALWAYS improved lives. Anticapitalists embrace the 3rd dealdy sin (envy). BTW, pride is the seventh.

[VictorLepanto]

@sdfkjllshadflhadfshl: Politicians don't "understand" this b/c there is no percentage in their understanding it. Socialism gives politicians maximum power to hand out goodies, creating dependence which empowers the politicians.