Milton Friedman - Collectivism

Despite its dismal track record, collectivism continues to hold appeal for some. Professor Friedman discusses this dynamic. http://www.LibertyPen.com

Source: Milton Friedman Speaks
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[nerfmyaccount]

@diskpanic i mean it's not literal in terms of if the government owns one single aspect of the means of production = socialism. That's too literal. Socialism means the entire collective of ALL the means of production in the country are collectively owned. As in - it is NOT POSSIBLE to privately own ANY means of production. THAT is socialism. Public healthcare is not socialism, nor is public police, army, roads, firemen, etc.

[D0KTOR7]

@diskpanic This is the typical idiocy I encounter with clowns like you. Every single program you listed exists to protect the welfare of people, otherwise nobody would have retirement security or disability benefits and everything you eat would be cheap carcinogens piled with the other crap you buy from China. Those programs don't limit the free market; instead, they introduce guidelines and rules that must be observed for people to benefit. America is the most free free-market in the world.

[diskpanic]

@nerfmyaccount

And, yes, dude... You've just proved that you know absolutely nothing about economics.

means of production

— pl n

(in Marxist theory) the raw materials and means of labour (tools, machines, etc) employed in the production process

It is quite literal, in Marxist theory. Trying to change this definition is merely Orwellian doublespeak.

[diskpanic]

@LongBow1600

And only an idiot thinks that you don't need missiles or bombs or wars to protect the country. You're a janitor.

[diskpanic]

@LongBow1600

By the way, clown, East Germany and USSR weren't third world countries, were they? No, they were first world countries, both... at least until Marxist socialism completely destroyed them, turning them into the lowest caste "worker's paradise" that they became. That's what happens when you let the janitors run the country. The village idiots shouldn't be put in charge of anything, let alone the economy of a major world power.

[diskpanic]

@LongBow1600

You answer a question with a question. Typical lefty propagandist. Let's see, Greece for example? Portugal? Spain? Italy? All of those countries are in awful financial shape, and their militaries are LAUGHABLE. They couldn't even overthrow a third rate dictator like Qaddafi in less than a month. The United States took out Saddam in 6 days. Give me a break! And, you see, I didn't even go to the obvious failures: USSR, Cuba, North Korea, and East Germany...

[diskpanic]

@LongBow1600

Canadian budget deficit is 10% of the total budget. $586 billion in debt, equal to half of your country's GDP. And, dumbass, do you know who the largest trade partner (equaling 77% of your country's exports) is? That's right, dumbass. The good ol' USA. So when our economy (which is almost as socialist as your country's) goes belly up, kiss your country good bye.

[diskpanic]

@LongBow1600

I'm 100% certain that you THINK you know what you're talking about, but it's pretty obvious that you are so used to throwing your weight around that you've forgotten how to argue without trying to undermine the other person's argument, instead of trying to buttress your own arguments, but I'd expect no less from a lefty practicing the policy of "SHUT UP". First, the problem with your universal health care is it has been over consumed. Second, Canada is broke.

[diskpanic]

@authorityblues

I think that's a very broad definition. I'm not going to argue obsolete definitions that do not apply to the last 100 years. As of today (and for the last 50 years at least), socialism is the state ownership (real or de facto) of the means of production. It really is that simple.

[diskpanic]

@D0KTOR7

LMAO! You think the United States has a free market? What the hell are you smoking? Hello? What the hell is "free market" about Social Security, MediCare, and MedicAid? You obviously have no idea what you're talking about. Further, in a "free market" system, there are no regulations. Please explain to me the EPA, the FDIC, the Fed, the FDA, and a dozen more regulatory agencies that we have in the United States that regulate, limit, burden, and control our "free market"?