Milton Friedman - What is America? (Q&A) Social Justice, Systemic Racism, Socialism & Equity. 

+mapleavenue77 That's because they have not been filled with hate by left wing college professors as that is seen in todays colleges.

+TE S These students are the professors of today.

+mapleavenue77 Yea its a breath of fresh air

The News Media only allows us to see a handful of protesters where the majority of students do not protest ..BTW, The ones who are protesting Capitalism and Donald Trump are being payed by Billionaire -Ex Nazi George Soros .. ( George Soros worked for Hitler in his younger days ) Obama is a community organizer and Soros funds Obama's -"ORGANIZING FOR AMERICA " to advertise and pay protesters and professional agitators .. for this anti capitalist movement

Equally as clueless though politically. Cultural marxism is a disease. Every question boils down to "how can we coerce productive Americans to give up their rights or tax dollars to (insert disadvantaged group) because that's the only way to fix this problem."

She definitely didn't expect that :D

I think at the end she still wasn't on the right side, the whole time her deadpanned expression was of someone who did not or could not believe in anything he was saying.

Savage

Drops mic.

@@tiborzkarate1 i think you did not understood anything. First of all you mistakenly concluded that he "diverted the question". He didnt you Einstein, he explained the deductive consequences of implementing such a thing. Its something you might find hard to understand, but when you have an idea you need to logic your way into possible outcomes, because it doesnt matter how good you thing your idea might look at first or how compassive you think your idea is, the reality is it can just not work at all or even have an inverse effect instead of what you would seek to achieve. Sorry, reality is hard. Also i might suggest you do more research cause there is no such thing as woman being exploited. Also what he said is if woman are better and is obvious then they would have no chance of gaining more. In fact they would actually be exploited for less pay than they would deserve. If for whatever reason they are less productive, then equal pay is also terrible cause why would you take a less productive person for the same cost as a higher productive one?

Ike Evans Joseph Stiglitz would own him.

Hithere Man​ Oh? I have to admit I know very little about Stieglitz. But I did do a cursory search of him to see if there were any videos of him debating an entire auditorium of people hostile to his ideology - you know, the way Friedman did over and over again. I can't seem to find anything in the couple of minutes I spent. Regardless of what your or my bias is in regards to economics, it takes some serious guts to take people on the way he did, all without raising his voice or losing his temper.  Friedman is THE master debater.

@@ikesteroma dont worry stiglitz is a brilliant micro economist but he just talks out bullshit when referring to macro so he would not stand a chance against friedmann

It’s an epic line.

Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

Totally true, those where REAL STUDENTS

They had parents who could raise their kids to act this proper and civil way. You can't say the same about the parents of now.

Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

+abdel l ??

Yes

TRIGGERED! LOL.

They are not meant to be in college, what makes them into the college is that the students loan.

That`true

one need only examine the success or failure of government, to understand its evidence.

Most of it is.

WorshipInTruth Agreed.

He's never flustered by any question put to him, like or loath him the man knows his craft and believes 100% in what he's saying. Probably why he would never survived as a politician!

Delivering with a light smile

Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

Only because no one listened then. They still don't listen now. Every time a problem arises, people run to government to settle it with new laws and regulations. We sell ourselves short and complain about it.

Arthur O'Brien Plz tell me the context in what your thinking. I not sure I follow what you saying.

Education isnt the same as common sense ... so many professors sit and listen to Mr Milton

Arthur O'Brien I am concerned with today's America precisely because of what happened to Rome. We are destroying ourselves. The decay was already well emplaced when Rome burnt to the ground.

Barry Maynard How can that possibly happen in a society that believe it can learn nothing from reading up on problems people have had for thousands of years?

My post: Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

@@surreallife777 Wait, so there was equality prior to 1980?

@@surreallife777 The average US citizen has a SPENDING problem. You can not tell me that these purported bankruptcies and made up number of deaths couldn't have been cut down to essentially zero if people didn't spend what the spend. And do not even get started on inflation which is a direct and indirect cause from the energy policies that the Biden administration has put forth since day 1.

@@surreallife777 Do a search of percentage of the population by country that is obese and compare that to life expectancy. If you think our life expectancy has gone down simply due to the amount of hours we work then you are mistaken. Also, the word salad you tossed saying no vacation, no holiday pay, no healthcare...?? What are you talking about? Most adults with any sort of real career has a job that provides all 3 of these.

@@brandyharding7692 Life expectancy in the US started to gradually dropping around 1980 with Ronald Reagan implementing supply side economics with the advice of Milton Friedman. Poverty, inequality, lack of access to healthcare, cutting social programs, economic stress, Increased addiction, increased suicides etc, all started to increase around 1980. On the other hand progressive left leaning demand side economic countries are increasing life in life expectancy. Skeptical? Do your own research. You are being ripped off by the rich and by conservative economists and politicians. Here’s the list: - Working hours. The U.S. is the Most Overworked Developed Nation in the World. According to the Center for American PROGRESS on the topic of work and family life balance, “in 1960, only 20 percent of mothers worked. Today, 70 percent of American children live in households where all adults are employed in order to TRY and afford a middle class lifestyle. According to the ILO, “Americans work 137 more hours per year than Japanese workers, 260 more hours per year than British workers, and 499 more hours per year than French workers.”Using data by the U.S. BLS, the average productivity per American worker has increased 400% since 1950. One way to look at that is that it should only take one-quarter the work hours, or 11 hours per week, to afford the same standard of living as a worker in 1950 (or our standard of living should be 4 times higher). Is that the case? Obviously not. Someone is profiting, it’s just not the average American worker. In the U.S., 85.8 percent of males and 66.5 percent of females work more than 40 hours per week. * At least 134 countries have laws setting the maximum length of the work week; the U.S. does not. - American Paid Vacation Time & Sick Time: There is not a federal law requiring paid sick days in the United States.The U.S. remains the only industrialized country in the world that has no legally mandated annual leave. In every country included except Canada and Japan (and the U.S., at the low point, workers get at least 20 paid vacation days. In France and Finland, Germany, and Nordic countries they get 4 to 6 weeks pained vacation. - All through American history. productivity wages were going up in tandem. This all ended around 1980 with the implementation of conservative supply side economics which promoted less government, deregulation, tax cuts for the rich, underfunding or cutting social programs and an attack on unions. - The US has the highest income inequality of any industrialized country. Not so before 1980. - The U.S. has far and away the highest rates of poverty in the developed world. In addition, the extent of U.S. income and wealth inequality also tends to be extreme when compared to other industrialized countries. Not so before 1980. - The US has the highest incarceration rate in the world. Not so before 1980. - Homicide: Americas fourth on the list of highest homicide countries in the world. - Economic competitiveness: The IMD World Competitiveness Center reports that the U.S. is ranked 10th in its 2020 Competitiveness Report. After ranking first in 2018, the U.S. fell to the third spot in 2019. The seven-point tumble to 10th place in 2020 represents the lowest the U.S. has ever been in the annual ranking system by far.6. Not so before 1980. - 22% of kids in America live in poverty. Second to Mexico. Not so before 1980. - Animal extension: 60% of animal populations have wiped out since 1970. - Minimum wage. The minimum wage in the US has been stagnant for decades. After adjusting for inflation, however, today’s average hourly wage has just about the same purchasing power it did in 1978, following a long slide in the 1980s and early 1990s and bumpy, inconsistent growth since then. In fact, in real terms average hourly earnings peaked more than 45 years ago: The $4.03-an-hour rate recorded in January 1973 had the same purchasing power that $23.68 would today. Another parts of the world like Australia and Sweden a McDonald’s worker makes around $20 per hour starting. - Education: The US had the best educational system in the world, but not anymore. The truth is that the U.S. ranks near the bottom in a survey of students’ math skills in 30 industrialized countries. Not so before 1980. - The US is also the only advanced economy in the world not to have full health coverage of its population. 50,000 Americans die each year because of lack of healthcare. Not before 1980. - Child mortality is higher in the US than any other advanced economy. Not so before 1980. - Americans also live shorter lives: Average US life expectancy is 78.8 years, nearly two years less than the OECD average. Not so before 1980. - African-American happiness: Quote by Steven Pinker who is a fan of Friedman said: “African Americans are happier than they’ve ever been:” Since the 1980s incarceration rates for black men and women has skyrocketed. African-American women's incarceration rates increased by 828%. Since 2001 the likelihood of a Black men spending time behind bars in their lifetime was 1 in 3, while it was 1 in 17 for all U.S. men. - Today, infants born to black mothers die at twice the rate as those born to white mothers. This horrific disparity cannot be fully explained by differences in income, education, or even health care; evidence suggests that cumulative stress from generations of structural racism is driving this epidemic. To combat this persistent problem, lawmakers must attack structural racism in all its forms-including mass incarceration. - U.S. Incarceration rates: In 1973, after 50 years of stability, the rate of incarceration in the United States began a sustained period of growth. In 1972, 161 U.S. residents were incarcerated in prisons and jails per 100,000 population; by 2007, that rate had more than quintupled to a peak of 767 per 100,000. From its high point in 2009 and 2010, the population of state and federal prisoners declined slightly in 2011 and 2012. Still, the incarceration rate, including those in jail, was 707 per 100,000 in 2012, more than four times the rate in 1972. In absolute numbers, the prison and jail population had grown to 2.23 million people, yielding a rate of incarceration that was by far the highest in the world. Not so before 1980 - The US also stands out as one of the only countries in the world where maternal mortality has increased, rather than decreasing, over the past 15 years. Not so before 1980. - Mass shootings. There were more mass shootings across the U.S. in 2019 than there were days in this year. Mass shootings of skyrocketed since 1980. Not so before 1980. For decades, the toll of mass shootings has risen steadily. During the 1970s, mass shootings claimed an average of 5.7 lives per year. In the 1980s, the average rose to 14. In the 1990s it reached 21; in the 2000s, 23.5. This decade has seen a far sharper rise. Today, the average is 51 deaths per year. If you look at mass shootings over time, two things are alarmingly clear: The attacks are becoming far more frequent, and they are getting deadlier. - Suicide. By the numbers: An alarming rise in suicide. Suicide rates in the United States have increased substantially over the past two decades. From 1999 through 2018, the suicide rate increased 35%, from 10.5 per 100,000 to 14.2. From 1999 through 2018, the suicide rate increased 35%, from 10.5 per 100,000 to 14.2. * The U.S. is the ONLY country in without a national paid parental leave benefit. The average is over 12 weeks of paid leave anywhere other than Europe and over 20 weeks in Europe. Zero industrialized nations are without a mandatory option for new parents to take parental leave. That is, except for the United States.

What is great stuff? What is actually great stuff?

profitable stuff

not only well presented but with some great humour

Stephen Cromwell yep

@@Kostly The words that come from the man in the video title's mouth. Thought that would be readily apparent. Just like the man, I'm sure myself, or many here would be willing to take to the point questions addressing specific ideas expressed you might have issues with, instead of meaningless blanket questions.

The reason the Philippines are in the state there are economically, is precisely because of policies like Milton Friedman’s. My post: Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

​@@surreallife777that's bullshit! I was born and raised in the Philippines. What is holding my country back is the lack of rule of law which Milton Friedman pointed out that one of the basis for prosperous society is the rule of law. Huge bureaucracy and regulations eroded that.

@@sickandtired967 : Actually, it’s not bullshit it’s the truth. Don’t buy into Friedman’s nonsenses, he is a slick talker and that’s it. The murder rate is in progressive countries is at about .08% while the US is around 9% per 100,000 people. The US has the highest incarceration rate in the world while progressive Norway just shut down 27 prisons. Look what Friedman did to America, the UK and the Chilean miracle which turned out to be a nightmare. My advice is whenever you listen to an economists make sure if they are progressive demand side or conservative supply economists. Friedman was a Supply side economist, which has been debunked over and over again. In 1980, Margaret Thatcher, and Ronald Reagan, with the advice of Milton, Friedman, started Neoliberalism/Supply side economics/anti-government philosophy, by destroying unions, deregulation of the financial system, which led to the global 2008 financial crash with the removal of The Glass-Steagall Act which made it illegal for commercial and investment banks to merge. From 1930 till 2008 there were no major bank crisis due to this regulation which Milton Friedman considered evil big government bureaucracy that held back the Free Market. Ever since 1980 wages have been stagnant for the poor and middle class and the US is now one of the most highly unequal countries in the world. It’s funny that from 1930 till 1980 when President FDR started the progressive left, leaning political, economic philosophy of the New Deal, it produced the greatest growth in the middle-class in all of American history and maybe around the world, but that ended around 1980. For the first time in American history, wages were no longer going up with productivity. That’s what you get with Milton Friedman. Iraq is another good example of Friedman‘s failed free market philosophy/anti-government for the people by the people economic philosophy. Donald Rumsfeld of the Bush administration was a big fan of Milton Friedman and Ayn Rand and he dismantled government in in Iraq and it turned out to be a nightmare. When he was asked about this he said “well freedom can be messy sometimes.” You can look at countries and states like laboratories. Republican states in the US are primarily focusing on Friedmans policies and all of the Republican states are disasters when it comes to poverty, inequality, murder rates, crime in general, incarceration, addiction, suicide, income, life, healthcare, disease, life expectancy, mental illness, etc. Michael Pantazis.

@@sickandtired967: Instead of saying it’s bullshit disprove anything that I’ve written here step-by-step. The murder rate is in progressive left, leaning economic Nordic countries is at about .08% while the US is around 9% per 100,000 people. The US has the highest incarceration rate in the world while progressive Norway just shut down 27 prisons. Look what Friedman did to America, the UK and the Chilean miracle which turned out to be a nightmare. My advice is whenever you listen to an economists make sure if they are progressive demand side or conservative supply economists. Friedman was a Supply side economist, which has been debunked over and over again. In 1980, Margaret Thatcher, and Ronald Reagan, with the advice of Milton, Friedman, started Neoliberalism/Supply side economics/anti-government philosophy, by destroying unions, deregulation of the financial system, which led to the global 2008 financial crash with the removal of The Glass-Steagall Act which made it illegal for commercial and investment banks to merge. From 1930 till 2008 there were no major bank crisis due to this regulation which Milton Friedman considered evil big government bureaucracy that held back the Free Market. Ever since 1980 wages have been stagnant for the poor and middle class and the US is now one of the most highly unequal countries in the world. It’s funny that from 1930 till 1980 when President FDR started the progressive left, leaning political, economic philosophy of the New Deal, it produced the greatest growth in the middle-class in all of American history and maybe around the world, but that ended around 1980. For the first time in American history, wages were no longer going up with productivity. That’s what you get with Milton Friedman. Iraq is another good example of Friedman‘s failed free market philosophy/anti-government for the people by the people economic philosophy. Donald Rumsfeld of the Bush administration was a big fan of Milton Friedman and Ayn Rand and he dismantled government in in Iraq and it turned out to be a nightmare. When he was asked about this he said “well freedom can be messy sometimes.” You can look at countries and states like laboratories. Republican states in the US are primarily focusing on Friedmans policies and all of the Republican states are disasters when it comes to poverty, inequality, murder rates, crime in general, incarceration, addiction, suicide, income, life, healthcare, disease, life expectancy, mental illness, etc. Make sure you get back to me. Looking forward to your reply. Michael Pantazis.

Oh, the 70's and early 80's were great! Miss those days of open discussion and free speech.

The way in which emotions can skew rational thinking are really illuminated when you see the contrast between Milton and the kids.

i think its interesting how basically all of them have the mind set of "helping others" yet take the assumption that people working out of self interest would absolutely never help anyone. they only asked those questions because they genuinely want to help people. no different then someone working for whatever they want.

On the contrary, it is precisely the emotional side that keeps people like him focused on telling the truth. It is partly the negative emotional response one gets to hearing nonsense

He just has the facts, and when someone asks him about something he doesn't know he lets them know that he does not know.

That why he is so smart !!

I agree. Our gov't today has made itself to be out of reach of us Americans because they want us to believe that they're so complicated that whatever they do is too difficult for us to understand, thereby allowing us to begin to accept everything they do.

jujumediazone That's right my man. If it can be done, I can too.

Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

more like not enough smart capitalists, they were all farmers

@17:06

+Ritchie Blackmore lol, nice try troll.

+Ritchie Blackmore me?...or "you" as in the audience and other people?

+Ascension Bias I understand exactly what Milton and his "questioners" are saying.

I understand him very well. But it does appear the audience doesn't not even after he answers.

+Lou Paul Its because we are the product of the hindsight generation. A lot of what he was saying mainly reoccurred in the 1990s and currently happening now. These people were the product of 1960s and late 1970s Western civilisation. That is why he is like a literal one in 10 million kind of person.

Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

Alan Clarke no one in the republican or democratic party reflects the "timeless wisdom friedman exudes" look at the recent presidential debates for the gop primary..... most republicans believe in a protectionist policy when it comes to economics.....also im not sure of many people who agree with milton friedman on immigration on the right

+crunch9876 Rand paul does, and actually alot of the GOP candidates agree on immigration with friedman, That this system that we have right now will be impossible to apply free-immigration policy on.

And it gets worse with the new candidates.

Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

@@surreallife777 There are too many variables at play in what you cited for me to have much confidence in your numerous cause & effect claims. What in your opinion makes a nation prosperous? Did I miss it or did you not disclose that? _”Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.” -John Adams_

they sure aren't broadcasting this now!

0utc4st1985 My understanding is there was some reluctance to air Friedman's material. I seem to recall a video or article explaining that they had to push hard to get it aired, and it was only done because PBS were airing some left-leaning pieces and the bias was difficult to sustain.

grantcivyt Yes and no, more recently in the early 2000's they did a 3 part 6 hour long documentary called the "Commanding Heights" that talked about the rise of socialism, then how much of a mess it made the world economies as well as the globalization wave of the 90's. It was what first introduced me to this stuff and turned me away from socialism.

Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

Your mom is awesome

Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

they favor abstract concepts that are emotionally satisfying rather than sound evidence.

Leftists do not value the family. That's why.

100% inheritance tax would be the final nail in the coffin of a so called free society. It would confirm we are all slaves to the state.

Leftists don't think! Where do they think the light bulb, telephone, steel, automobiles, airplanes, computers, etc. came from? All from free enterprise right here in the US! That's why nobody else invents anything!

Maybe they see this corporate capitalism you have today and the injustices it brings and mistake it with free market capitalism that Friedman espouses . Free market capitalism is a forgotten dream .

Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

It truly is. Intellectual piles of gold are just lying around for anyone to find. I strongly suggest Thomas Sowell for a deeper but similar take if you haven't already found him. The next generation as well as a student and colleague who later became a peer. Victor Davis Hanson for the history ancient and modern to give it context. They have treasure troves of these guys stashed away in the Hoover institute and Hillsdale college

If you want Norway to go to and in the direction of the US I would suggest not listening to Milton Friedman. My post: Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

Don’t buy into Friedman’s nonsenses, he is a slick talker and that’s it. You should be thankful that you’re living a progressive country. Your murder rate is at .08% while the US is around 9% per 100,000 people. The US has the highest incarceration rate in the world while progressive Norway just shut down 27 prisons. Look what Friedman did to America, the UK and the Chilean miracle which turned out to be a nightmare. My advice is whenever you listen to an economists make sure if they are progressive demand side or conservative supply economists. Friedman was a Supply side economist, which has been debunked over and over again. In 1980, Margaret Thatcher, and Ronald Reagan, with the advice of Milton, Friedman, started Neoliberalism/Supply side economics/anti-government philosophy, by destroying unions, deregulation of the financial system, which led to the global 2008 financial crash with the removal of The Glass-Steagall Act which made it illegal for commercial and investment banks to merge. From 1930 till 2008 there were no major bank crisis due to this regulation which Milton Friedman considered evil big government bureaucracy that held back the Free Market. Ever since 1980 wages have been stagnant for the poor and middle class and the US is now one of the most highly unequal countries in the world. It’s funny that from 1930 till 1980 when President FDR started the progressive left, leaning political, economic philosophy of the New Deal, it produced the greatest growth in the middle-class in all of American history and maybe around the world, but that ended around 1980. For the first time in American history, wages were no longer going up with productivity. That’s what you get with Milton Friedman. Iraq is another good example of Friedman‘s failed free market philosophy/anti-government for the people by the people economic philosophy. Donald Rumsfeld of the Bush administration was a big fan of Milton Friedman and Ayn Rand and he dismantled government in in Iraq and it turned out to be a nightmare. When he was asked about this he said “well freedom can be messy sometimes.” You can look at countries and states like laboratories. Republican states in the US are primarily focusing on Friedmans policies and all of the Republican states are disasters when it comes to poverty, inequality, murder rates, crime in general, incarceration, addiction, suicide, income, life, healthcare, disease, life expectancy, mental illness, etc. Michael Pantazis.

Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

I feel quite the same way. That moment when he mentioned that we're really a family society, not an individual society, was a big moment for me in coming around to his point-of-view. I don't even have a child conceived yet, but I still feel like I have a responsibility to them and their future. I'm happy to say my girlfriend feels the same way! The only real negative I occasionally see are situations where parents have worked and toiled and created a situation where they and their children have a large amount of wealth (like through owning and running a business), and the child, even as he gets older, tends to take that for granted, and does not respect the accomplishments or hard work of the parent before. I don't really blame free markets or family-oriented society for that, but it is something of a negative I've noticed.

***** Excellent point! I hadn't considered that fully. I'll have to think on that.

Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

Economic principles apply even where there is no money (e.g. in barter economies).

More generally the movement of capital

+jej3451 True.

As somebody with a degree in Economics, a better description would be that economics is the study of choice and incentives.

many don't

People used to be white

Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

The reason we the people never learn is because Freedom and Liberty is not a natural state of mankind. Throughout history man has live under coercion and oppression. Like all animals, it prefers a system where one person or a small group has absolute power to control the whole tribe. It is only by enlightenment and knowledge that man has free himself of this animalistic structure of society. We live in a rare time that we still have some freedoms left. But in due time, we will lose that freedom. It's hard to fight against nature.

Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

You have a wonderful nickname and avatar. I send you rays of goodness.

Anyone up for a challenge? Here is why Milton Friedman’s ideas are nonsense. “Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” - Benito Mussolini So what happened after around 1980? The USA is now the most highly unequal industrialized country in the world with the highest incarceration rate in the world, with 40 years of stagnant wages. On the other hand progressive Norway just shut down 27 prisons due to lack of crime and has low inequality. All this inequality and poverty started around 1980 with Margaret Thatcher and Ronald Reagan who promoted Milton Friedman’s policies. Friedman was adviser to Ronald Reagan. So began the movement of 40 years of tax cuts for the Rich and corporations, austerity, cutting social programs, environmental deregulation, deregulation of banks/finance, Underfunding the FTC, EPA and FDA, privatization, free trade, eliminating anti-monopoly laws, legalizing bribery laws to politicians, cutting and trying to privatize Social Security/pensions, privatizing education, Medicaid/healthcare. Its no coincidence that around 1980 wages stoped going up with productivity. Conservatives like to accuse the left of a wealth transfer, what they don’t tell you is that there has already been a wealth transfer from the poor and middle-class to the rich to the tune of about $50 trillion while wages for the poor and middle class have been flat. This is according to Ronald Reagan’s own budget director David Stockman, who now regrets implementing supply side austerity free market policies, he states this: “In 1985, the top five percent of the households - the wealthiest five percent - had net worth of $8 trillion - which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $50 trillion. The top five percent have gained more wealth than the whole human race had created prior to 1980.” People need to understand that there are two kinds of dominant economists out there currently, one is conservative free market supply side economist and the other is the progressive demand-side economist. Conservative supply side economics policies have been proven not to work over and over again, yet the rightwing rich and conservative politicians still promote them. The reason people in Detroit are being poisoned with leaded water is precisely because of Friedman’s idea that big government is evil and his idea that everything should privatized. The reason Detroit is in shambles economically is precisely because of his free trade policies. Ross Perot who was running for president decades ago said “once these free trade policies are implemented you’re going to hear a huge sucking sound manufacturing leaving the US.” He was absolutely right, Detroit went from a prosperous manufacturing base to what it is today, all because of cheap labor and no workers rights/unions. Government for the people by the people is the only thing that prevents it from being overtaken by the rightwing rich and corporations, which is precisely what’s happened to the US after the conservative bill 1978 Boston v Bellotti and Citizens United was passed. Prior to these two being passed. giving unlimited funding to politicians was called called bribery, today is called “free-speech” and “corporations are people too” Government is the only thing that prevents governments from being bought out. The US was bought and sold over 40 years ago, this is why it’s currently on the brink of revolution. When I asked President Jimmy Carter about Citizens United and this doctrine of money as speech in 2015, he said: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. They eliminated the Glass Steagall act which allowed commercial banks to merge with investment banks which in turn led to the 2008 crash. They eliminated the Sherman Antitrust Law which disallowed monopolies. There used to be hundreds of media outlets prior to the elimination of the Sherman Anti-Trust law, now most of the media is owned by a handful people. They eliminated The Fairness Doctrine. This was a law that was in place since 1940 which required that any broadcaster had to debate both sides of the issue equally. Republican Dick Cheney and George Bush removing it. They attacked unions. Unions fell from a high of 34% membership who is low as 10%. Many Americans today - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Americans now work the longest hours per week compared to other developed nations with no paid sick leave, no paid vacations, and no healthcare. In France, Germany and Scandinavian countries workers get 6 to 8 weeks paid vacation. Many Americans - especially women - are working more hours than they did three decades ago. But they’re not seeing a corresponding growth in wages. Chile has one of the longest work hours per week with low wage payouts. Life expectancy dropped. In 1980, the U.S. was right in the middle of the pack of peer nations in life expectancy at birth. But by the mid-2000s, it was at the bottom of the pack.” Milton Friedman stated that his free market policies would produce democracy, this certainly did not happen in Chile. The economy in Chile worked wonderfully for the top 1% of course. If Friedman‘s ideas were so wonderful, why did the Chilean people reject his policies? The Chilean people should be jumping up and down on the streets praising Milton Friedman, yet they are rioting in the streets. “Statistically, 80% of the Chilean people have no money left at the end of the month. Senior citizens receives $180 per month. 33% of Chilean GDP goes to the 1%, that’s higher than almost anywhere else in the world.” The propaganda that the middle class in Chile has grown under Milton Friedman’s ideas is nonsense. A person making $180 per month in Chile is categorized as being middle class, this is how propaganda from conservative rightwing think tanks like the Cato Institute, Liberty Pen, Free To Chose etc skew the data to make Milton Friedman look good. In terms of healthcare, approximately 700,000 people In the US go bankrupt because they can’t afford healthcare or they are turned down because of pre-existing conditions. Approximately 50,000 Americans die each year because they can’t afford healthcare. Ron Paul who’s a fan of Milton Friedman and Ayn Rand, stated that he thought that it was ok if someone just died in front of a hospital if they can’t afford healthcare because they were disabled or just had a run of bad luck. Ron Paul later backtracked and said “well there’s always the churches” which is bullshit. How many people die or go bankrupt in France, Germany, Sweden, Norway, Canada, Finland etc. etc, ZERO. For your own good, my advice is not to listen in Milton Friedman. Looking forward to your replies. P.S. When a democrat/liberal promotes conservative policies (like Bill Clinton) he or she is not liberal. Michael Pantazis

In God We Trust. The government desires too piggy back off that trust

Its fun to watch:) I think they're learning!

Eric Lopez He was like 5 levels beyond them

Eric Lopez reminded me of showing kids how to add and subtract for the first time