Milton Friedman on Capitalism

A classic defense of capitalism, by the late great Milton Friedman.

thanks to Nick.

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2 thoughts on “Milton Friedman on Capitalism

  1. I've said it for some time now — there's nobody greedy in government? Are you kidding?

    Great post!!!

    Thanks once again, Trevor!!!

  2. "Socialism" is the personification of greed. Those people covet their neighbor's goods, which leads to stealing their neighbor's goods. They call it "redistribution of wealth" but that does not change the character of the deed.

    Socialism is founded upon the covet your neighbor's goods concept, just accuse someone of being "rich" and that alone disqualifies him from the right to keep what he has earned and lawfully owns.

    Socialists are freeloading parasites. Poverty is the product of the greed of poor people, not rich people.

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