Noam Chomsky - Regan and Friedman Economics 5-6
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I studied in a think tank with Friedman as the head in 91'. Chomsky is a complete moron. He is using the perfect market (which he does not understand how it works) of farming, which is asinine to describe economic prosperity.
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I don't think Chomsky made any case against free market and Friedman's economics. If anything he gives example after example of the contrary economic policy being practiced.
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Bad people do bad things. While an idea can empower a man, it is ultimately he who bears the responsibility of his actions. In the end its an individual who does the bad and not the idea. Friedman cannot be blamed for the misdoings by American politicians in Latin America.
Indeed the two men talk on two different levels, and perhaps, should not even be compared; as MF talks fundamentally about doing business, socialism vs capitalism, and NC talks more broadly about US foreign policy.
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The problem with what Chomsky is saying qua Friedman is that it is just plain false that governments have been following Friedman's ideas to the letter. Chomsky spends most of his time showing this. Therefore the injustice that Chomsky describes is not the effect of Friedmanesque policies. Therefore what Chomsky says is not a complete argument against Friedman who is against the government interventions Chomsky describes. ........
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Liberty means nothing without realistic economic opportunities.
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@Questfortruth86 Thank you. =)
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@zzzfore friedman goes off straight up facts and OUR RIGHTS to LIBERTY.
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@zzzfore wrong
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Removing subsidies can be one of the solutions. As it has been pinpointed by an official in Burkino Faso (see the documentary "Let's Make Money"), we, in the West, enforce liberalism elsewhere, while we're practicing protectionism.
But!
Not all food grosses should be exported/imported. Meat for instance, or vegetables or milk... Depending on the quality that ones wants for ones food.
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Just finished watching a bunch of Milton Friedman videos. The most striking difference between these two men is that Chomsky comes off as human and Friedman comes off like a stanic robot.
zzzfore 2 years ago 39
it continues from part 3 exactly... must be a typo
kleei2 4 years ago 17