Friedman and Sowell on Equality

Milton Friedman gives his brilliant assessment of equality in the context of inherited wealth. Thomas Sowell heatedly debates Frances Fox Piven, of 'Cloward-Piven Strategy' fame, on equality of opportunity versus equality of results.

The 'Cloward-Piven Strategy':
"First proposed in 1966 and named after Columbia University sociologists Richard Andrew Cloward and Frances Fox Piven, the "Cloward-Piven Strategy" seeks to hasten the fall of capitalism by overloading the government bureaucracy with a flood of impossible demands, thus pushing society into crisis and economic collapse."
http://www.discoverthenetworks.org/groupProfile.asp?grpid=6967

Watch the full video and more at:
http://www.freetochoose.tv/

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[atchisrj1]

@quinnrasta Try telling them that. All you will get will be, to be called a heartless uncaring racist.

[molimhvalaizvoli]

when a woman is hysterical - slap her! :)

[skydome29]

@LongBow1600 he did, he would say thats not a free market capital system (go see his monopoly video). He of course wouldn't like how the marriage of business and government is so obtuse.

[skydome29]

@historyfairgirl every government/person is capitalist it's just about who owns the capital.

[historyfairgirl]

liberals are delusional. my friend is a socialist, but she won't share her gum.

[LongBow1600]

I bet Friedman didn't account for the modern CEOs who get bonuses even when much of the labour has to be let go and the company goes bankrupt.

[quinnrasta]

@flipgood89 What do you consider money...most liberals are often told to speak in generalities because their logic is so flawed. What do you consider rich? The internet has all the information you need, schools are very expensive because of government subsidization.Who is wealthier, the millionaire in the 50s or someone making a median wage today? We are all born into wealth in this country.My father grew up poor as did obama and both went to Ivy league schools,but I was taught about an honest $

[flipgood89]

@quinnrasta ...Your assertion that "most people who have money did not come from wealth" is not only factually incorrect, its borderline absurd. Our economic arraignments show consistent reproduction of ones status from generation to generation: meaning, that the percentile or "class" one is born in, is the same percentile their kids will assume and so on. This is enforced by an imbalance of opportunity and penalty for different people. Mobility is an exception, not the rule.

[quinnrasta]

@flipgood89 Free market capitalism has made us wealthy, nothing should be above reproach. The best way to get rid of the imbalance is to get government out of the private market. Most people who have money did not come from wealth, however those born into government caused poverty (welfare recipients will continue to perpetuate that cycle and that is backed by facts I understand my arguments, I am not sure you understand yours.

[flipgood89]

@quinnrasta ....just because capitalism has made us wealthy, doesnt mean that it is above reproach or examination. Capitalism and its institutions have reproduced poverty and stratification, which are inherently unconsitutional. We have to balance the ability of economic freedom FOR ALL, and not just those born into wealth are those of economic and political means. Understand your arguments, sir.

[flipgood89]

the inheritance of property is no different than an inheritance of genetic ability???? Mr. Friedman you and your idiot followers need to know reductio ad absurdum arguments, and when you unknowingly engage in them.

[MemoryTechnologies]

Piven proves the old adage that one can be educated far beyond their intelligence!