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Milton Friedman on Donahue 1980 (5/5)

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Uploaded by on May 7, 2009

Milton Friedman provides a direct and to-the-point defense of capitalism and free trade. He explains how governmental regulations, no matter how well-intended, are inevitably infiltrated by business interests which use governmental power to stifle competition. He also explains the economics of why drug prohibition doesn't work to control drugs.

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  • oops, i forgot this was still during the cold war... i guess he has a point after all

  • @diogotomediogo There is one caveat to your statement that you forget. In the U.S. Constitution, only Congress has the power to declare war. The U.S. hasn't declared war in about 70 years. This is aside from the President's power to send troops where they don't belong. My point is that we the people have the responsibility and power to make sure war is not declared. Perhaps we need to impeach some of our recent presidents for abuses of power...

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  • @stankmaw The U.S. Constitution states that "The Constitution grants the House the power to impeach "The President, the Vice President, and all civil Officers of the United States." Therefore, we would need to contact our federal representatives in order to bring charges against Civil Officers (Bureaucrats). Can this be done? Yes, we just need to have proof and a representative that wants to stay in office =)

  • @heavym3tal I couldn't have agreed more with your statement. My only question to you is how would we the people go about impeaching these bureaucrats?

  • @KyleSkullz Yes, exactly.

  • @dedbusted

    Communism with robots = Zeitgeist

  • @diogotomediogo zeitgeist sucks

  • @diogotomediogo Zeitgeist has good points in it; however, you have to beware that that film also contains a massive amount of propaganda.

  • @camdaddy09 Hahaha, I made a very similar statement on an earlier section of this same interview.

  • phil donahue is such a condescending, patronizing, rich liberal git

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