Milton Friedman ,The Failed Prophet

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Uploaded by on Dec 22, 2008

The Failed Prophet
As Wall Street collapses, so does Milton Friedmans legacy
Sen. Bernie Sanders .Friendman as a friend of capitalism and the free market but a closer analysis of Friedmans ideas show that his ideas were more in line with the New Fascism that runs this country under Corporatism. Friendman advocates was government welfare for corporations
Neoliberalism at the basis of the financial crisis.
Blame Milton fridman For Our Current Economic Crisis.Friedmans ideas were first put into practice in Chile in 1973, after a brutal military coup led by General Pinochet that killed thousands of people and destroyed the working class movement.

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  • You're seriously suggesting Friedman supported cronyism and inflated asset prices? You've obviously never read his work...

  • Clearly you are ignorant of the works of Milton Friedman. I suggest you read "Free to Choose". It's a good start. Sadly, I beleive you would support M.F. 100% if you were knowledgable of his positions, but you fight it without knowing, leading to your own demise.

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  • Ack...ignorance on parade =/

  • You must be a troll. Nobody is this ignorant and stupid.

  • He called a finacial crisis 30 years ago! A big one and he predicted that those in power would soothsayer it over instead of letting corrections occur! No wonder you don't Allow ratings, you must have realized how stupid this video was post-release.

  • You are highly misinformed. Get your intel right to stop embarrassing yourself and falsely ridiculing another.

  • Huh ?

    To author of this video: Sorry for being so straightforward but ... are you nuts ?

    If not and you mean it as a joke then I do not consider it funny.

    Misinterpretations and lack of knowledge of history plus few other things is a poor side of nowadays children and youth.

  • Godwin's law is proved in record time; comparing Friedman and neoliberalism to Hitler! Hitler was a socialist. He despised the free market. Can you name a fascist who believes in individual liberty and free market economics? If you can I'll show you a green dog.

    In both America and Britain, public spending has risen inexorably, including through the so called free market 80's. Reagan massively increased debt and deficits. Despite all this spending, inequality increased.

  • Are there two Milton Friedman's?

    Obviously who ever posted this has been watching the other one.

    Why is it, some people spend their whole lives missing the point?

    Does the guy who posted this spend his time wondering why his clothes come out of the washing machine cleaner than when he put them in?

  • Dude how can a sociologist have any idea about economics? It's like me saying I think Quantum Mechanics is wrong without showing any maths. And why is hilter there? He was a Nazi (short for Nationalist Socialist Workers Party) i.e. wants a large dictatorial state. Liberalism want minimum dictatorial powers/minimum state.

    Secondly consumerism and capitalism is not the same thing! Read some austrian economics. Friedman promoted production, not consumption.

  • Wow !!!!!! you obviously don't know anything about sound economics nor about milton friedman message ! A reel free market is the only answer to are problem, the cause on the oder hand is the failing of socialism. Therefor more socialism is not the answer !!!! Do yourself a favour and recherche austrian economics and you'll see the world situation much better!! 

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