Free Markets and World Peace: To Occupy Wall Street, From Milton Friedman

Free trade (ending corporate protectionism, bailouts, barriers to entry in the market, and all other forms of government assistance or interference to business) leads to peace.


The following is for the first few commenters and anyone else who does not know or understand that food, clothing, shelter, education, and medicine are not free- that they require time, energy, and resources to produce:

"So you think that money is the root of all evil?... Have you ever asked what is the root of money? Money is a tool of exchange, which can't exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value. Money is not the tool of the moochers, who claim your product by tears, or of the looters, who take it from you by force. Money is made possible only by the men who produce. Is this what you consider evil?" - Ayn Rand, Atlas Shrugged


Tags: Occupy Wall Street, OWS, free market, world peace

Category:

Nonprofits & Activism

Tags:

• occupy
• wall
• street
• ows
• free
• market
• world
• peace

[Uncle99B]

Why would anyone listen to this snake oil salesman?

His is the face of evil playing at being a simpleton

[mattbell555]

@f33d4ward I dont agree but I understand your point.peace

[f33d4ward]

@mattbell555 If we were living in a state of pure, uncontrolled capitalism there would be no bailouts, no corporate welfare. Corporations can only maintain monopolies in a highly regulated economy - protectionism, subsidies, tariffs, etc. ultimately serve to undermine competition.

[mattbell555]

@f33d4ward not at all,pure uncontrolled capitalism leads in the long term in monopolies.One company owning everything.In socialism its the state that own everything.Today we are living in a mix of the two.

[f33d4ward]

@JonMSanderson People use money to make money all the time. You buy a car to drive to work so you can earn a living. A carpenter buys tools - a film maker buys cameras, etc. You are right, money is only one form of capital, it is the means by which individuals acquire "homes, food, clean water". When the state controls the production of goods these choices and opportunities do not exist and the government planned economy will eventually fail.

[f33d4ward]

@mattbell555 Monopolies can only be supported in economies where governments intervene via corporate welfare and bailouts. In a free market, competition will always undermine any form of collusion between companies. It is the profit motive itself that prevents companies gaining absolute control over the economy. In a socialist this state, this type of economy is impossible.

[mattbell555]

...and they can run into their bunkers.Peace and love to you.

[mattbell555]

Those who wants to use OWS to put in front the people their platform of socialism or capitalism are dead wrong.You are missing the point !It is more about morality,compassion,equity,lov­e.Whatever system you have ,if you have bad men(dark lord) ,the system will be a fiasco.People makes me laugh with their libertarism vs socialism.If you really know how the system works you shouldnt be annoyed by that duality.In duality they are strong and we are sheep in unity we are strong ...

[mattbell555]

If you make no rule on the market,the economy will crash in a matter of days.And after that,the biggest company will buy the little one and the final result will be like in resident evil Umbrella corp controlling everything.Free market in this world could never be applied,never.I dont defend socialism either.Yes with socialism,you will have free school,free medecine etc but you give your labor to the state or the gov,if not you are useless.Both systems make you slave in a way.

[mattbell555]

corporation should be there to serve the human .Capitalism and socialism systems are the same bs created to divide human and make them fight together while the real power ,the head of the snake can do whatever they want.