Episode 3 - Milton Friedman Speaks - Is Capitalism Humane?

Episode 3 October 30, 2018 01:08:33
Episode 3 - Milton Friedman Speaks - Is Capitalism Humane?
Free To Choose Media Podcast
Episode 3 - Milton Friedman Speaks - Is Capitalism Humane?

Oct 30 2018 | 01:08:33

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Show Notes

Is Capitalism humane? According to Milton Friedman, the question is irrelevant. Capitalism per se is not humane or inhumane; nor is Socialism. Only one is based on the principle of voluntary cooperation and free exchange. The other is based on the force of position and power. What freedoms would we lose under centralized control, and why does the support for some vague system labeled Socialism still exist? 

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