Milton Friedman - Minorities and Government

Milton Friedman discusses ethnic solidarity, the free market and the many ways government continues to tyrannize minorities. http://www.LibertyPen.com

Category:

News & Politics

Tags:

• race
• blacks
• opportunity
• colorblind
• preference
• affirmative
• action
• economic
• liberty
• libertarian
• conservative
• racial

[buffteethr]

I originally from Jamaica and I agree wholeheartedly with Mr. Friedman.The government got involved in helping the populace after independence from the British. They took over most industries and implemented policies to help the poor. The country became one of the poorest, debt-ridden and crime ridden countries in the world. I think the Government should be like the REFEREES in football - implement the rules and punish those break them. Leave the game to the people.

[sameer137]

@tigersoup : I've lived in India for the first 22 years of my life and let me tell you that India was a stagnant pool of pervasive corruption and inefficient government economic policies up until 1991. It was a result of the protectionist and socialist government that poverty was high in India and the standard of living was horrible. However, since 1991, after the liberalization of the market poverty has been eradicated to a great extent and growth has increased significantly.

[dovahkiin516]

This always blows me away when he talks about schools. The poor can't afford schools, so a private sector school system would do no good for the poor because they would not be able to afford it. Public schools are free to poor people because they pay little to no taxes. So, what does he say blame it on public schools and he is right in a poor area schools are terrible, that is why you need to put more money into it. And that would not cost crap compared to Bush spent on Iraq war over $1 trillion

[skydome29]

@buffteethr In Canada they always ask are you a visible minority, are you a first nations person, etc. at first I think (as a white male) what benefit am i undeserving of, and secondly why does it matter, I'd be annoyed if i had to check off that box I hate both words visible and minority together, you'd just feel like some token member. 

[quinnrasta]

@Auraruth8 Check out Protectionism: Origin and Effects on the media page of the Mises Institute, there you will learn about protectionism

[quinnrasta]

@Auraruth8 The guy is misrepresenting facts to satisfy his policies.The way he represents his facts are like saying "John was drunk and was killed in a car wreck" so everybody assumes John was drinking and driving when in fact he was the passenger, but the way the statement is made,is to suggest drinking caused the accident. Protectionism didnt cause the US to be come successful &capitalism is not causing its demise. He wants "fairness" a word someone has to define and for him its gov

[Auraruth8]

@quinnrasta "Why the world isnt flat" by Ha-Joon Chang: Youll enjoy it Im sure. =)

[quinnrasta]

@Auraruth8 I have not, but I will

[Auraruth8]

@quinnrasta Have you checked the vid? If not I recommend you do. And then you could check this out. I find its a lot easier this way than trying to write a bunch of stuff, that gets misunderstud anyway. please check it out. And then this playlist wich could be relevant: Chomsky on Reagan and M.Friedman. Please check it out.

[quinnrasta]

@Auraruth8 Things are not better because of min wage, but the result of time and technology. The same argument was made with OSHA, after OSHA was put into place work safety increased and the chart they show is from the start of OSHA to present, but when they go before OSHA, safety was rising at the same rate. Same goes for min wage, how is it that Hong Kong with no min wage has produced so much and has thrived? Wages have risen despite the gov coming in to "rescue" the worker

[quinnrasta]

@Auraruth8 I appreciate you calm and thoughtful demeanor. Blacks DO NOT have to take less pay than whites, but if they are going to be discriminated against the only power they have is to bid for a lower wage, at that point it will cost the racist employer for being racist by having to pay the white worker a higher wage. The minimum wages condemns the black worker because the employer now does not bear a cost for the discrimination and thus hire the whites only.

[Auraruth8]

@quinnrasta In some things M. Freidman does have a point. But again it is difficult to explain exactly what I think. Its easier if you watch this vid and then we can pherhaps disscuss a little better as we get a sence of where we both stand: "Why the world isnt flat" by Ha-Joon Chang. Watch it! its an hour but it is entertaining. =)