So you disagree w/ ...( 2 months ago by coolbreezed)
So you disagree w/ the idea of capitalism? How else do you explain the growth in our global economy?
The job of the ...( 2 months ago by documentaryunit)
The job of the fundamentalist (like Milton Friedman) is to make you believe that there are no alternatives. But capitalism is a very generic word. There are many ways of putting it into practice. Friedman was only interested in one way: his way. But the passage of time has shown that his ideas were not that good. Early followers voted with their feet and abandoned him.
I can agree w/ that ...( 2 months ago by coolbreezed)
I can agree w/ that. Well said.
Neoliberalism was ...( 2 months ago by zsylvana)
Neoliberalism was not matched by economic success.The profit stagnation in industrial enterprise worldwide continued.The surge upward of the stock markets everywhere was based not on productive profits but large speculative financial manipulations.The distribution of income worldwide and in countries became very skewed a massive increase in the income of the top 10% especially of the top 1% of the world population but a decline in real income of much of the rest of the world's population.
I wish we would not ...( 1 month ago by stperkin)
I wish we would not confuse the economic theory of free-markets (and a beautiful liberating theory it is) with what we have today; markets dominated by a handful of corporate capitalist oligopolies and meddlesome governments. Both of which pervert the idea of a true free-market. Economic theorists like Friedman don't seem to be to concerned with how corporations and individuals within them distort free-market economics. Only with how governments do.
Haha, I didn't ...( 1 month ago by UnhealthySalad)
Haha, I didn't realize how short the man was. He's almost midget size.
Free markets even ...( 1 month ago by ourearthhome)
Free markets even if they were in effect today would not solve poverty, urban ugliness and sprawl, environmental destruction and the huge disparity of wealth. Friedman and others did not admit that a free market in land is only achieved when land value is heavily taxed. Reason: labor and capital have natural holding costs (stomachs and obsolesance) while land untaxed does not. Without land tax the market does not allocate land properly skewing everything done on land, which is everything.
shorter the smarter ...( 1 month ago by Derek0783)
shorter the smarter and greater. look at history.
You right.I could ...( 1 month ago by zsylvana)
You right.I could not grasp the logic that Friedman Neoliberals argue that "People are Selfish by Nature" as an argument Fore "Totally Free Market"?If it is so,
should it be an Strong Argument for regulations of "The Free Market" as i se it,
or have miss something?
Poor Milton was ...( 1 month ago by documentaryunit)
Poor Milton was used by the rich and powerful because he talked good propaganda. Just as well. Had they not liked him he would've been arrested and tortured. That's 'Freedom To Choose' for the rich and powerful. But they are crafty. They delegate the dirty work to other people, normally military cadres, death squads and parammilitaries. Have you ever seen a rich man risking his life for his beliefs? Stalinism was also a very crafty private enterprise to achieve power.
The 'power grabbers ...( 1 month ago by documentaryunit)
The 'power grabbers' are the elite and never the people. The rich, Stalinists, dictators, industrialists, cabals. It's the top 5% who believe they are God. All societies have them. Free To Choose will be a mirage for a while longer.
Your right!The so ...( 1 month ago by zsylvana)
Your right!The so called Freemarket Liberalism
is a dream!Adam Smith already understand that.
Friedmans concept was not working.I think he know ithim self.Some of his writings say that!
But this BORING Epigones of Friedman,Right Wing lunaticks on this side shaming.Friedman was Primarly a Matematic guy.Great ekvations with ONLY one thing WRONG it was not working on a complex Society!Humans are Atoms!
We forget that the ...( 1 month ago by documentaryunit)
We forget that the so-called 'Power of the State" is about successful private individuals getting hold of the strings of power. The State is not governed by androids. So the mistake is not in the State itself but in the individual. Same with private enterpise if you let it run free. So the solution is a mix economy where the individual and the State is controlled.
Its so sad that ...( 1 month ago by newworldorder08)
Its so sad that Milton's ideas of free trade and freedom to choose were bastardized by the corporations. There is no difference between Big Government and Big Business. They all involve Huge beaurocracy which leads to corruption. We really need honest to goodness competitive capitalism and not what these "corporations" are trying to seel us.
true....although i ...( 1 month ago by gsingh5)
true....although i would still have a few Keynesian policies available ready to use if necessary.....any system in the extreme is unsustainable
Everything reminds ...( 3 weeks ago by zsylvana)
Everything reminds Milton Friedman of the money supply. Everything reminds me of sex, but I try to keep it out of my papers." ~ Nobel Prize Winner Robert Solow
"If economists wished to study the horse, they wouldn´t go and look at horses. They´d sit in their studies and say to themselves, "what would I do if I were a horse?"" ~ Ely Devons
"The only function of economic forecasting is to make astrology look respectable." ~ John Kenneth Galbraith
"Giving a phony ...( 2 weeks ago by sunstorm007)
"Giving a phony Nobel Prize to people that can't do algebra. ROFL "
To get a BA in Economics You Have to take Six Hours of Calculus and a Class in Linear Algebra. You're required do gradauate level math all the way through PHD.
USA have deep ...( 2 weeks ago by zsylvana)
USA have deep economic problems all way back
since 1973.You don ´t sell.You haven´t investested in basic industry since early 1980.Your Trade balance is negative.You have too loan money from China and Japan to finance your war in IRAK and your hysteric consumption.Since you left the Keynesian economics stimulatiting week demands and took advices from Friedman
you have failed.If the World Bank was controlled by China,Japan or Germany you
have been a third world country today.
I am scared to ...( 2 weeks ago by zsylvana)
I am scared to death that Obama have taken one of Freidmans biggest Fans and followers,Jason Furman as chief of his economic-political team.Furman is one of
Wal-Marts Biggest defenders.I hope i am wrong
and that Obama don ´t listen to advises from that terrible guy if he wins.Friedmans ideeas
should stay wer they belong,Six feet under ground.
Thank you. People ...( 1 week ago by TheLingerieSalesman)
Thank you. People don't realize how hard a BA in econ is. I have 10 math credits so far and I'm not even half way.
"Jason Furman as ...( 1 week ago by sunstorm007)
"Jason Furman as chief of his economic-political team."
I might not have to worry about Obama getting elected then. Jason Furman is an excellent Economist from the Brookings Institution. Great organization.
sunstorm.I really ...( 1 week ago by zsylvana)
sunstorm.I really don ´t think You have worry
about non of the ANY President canditates if
you are a Libertarian.The polticical machine in United States see that when Campain and the Debate is over,Obama like Clinton probarly would bee a "Moderate Republican"!Clinton had Jack Rubin,Obama Jason Furman.
Most economist pre fer Obama even in right wing because they trust him better then a unpreditabal Mc Cain that i can see!
Congratulations for ...( 1 week ago by primelimelite)
Congratulations for being awake--not many are!
Friedmans Concept ...( 2 days ago by zsylvana)
Friedmans Concept was not matched by economic success.The profit stagnation in industrial enterprise worldwide continued.The surge upward of the stock markets everywhere was based not on productive profits but large speculative financial manipulations.The distribution of income worldwide and in countries became very skewed a massive increase in the income of the top 10% especially the top 1% of the world population but a decline in real income of much of the rest of the world and recession
should it be an Strong Argument for regulations of "The Free Market" as i se it,
or have miss something?
is a dream!Adam Smith already understand that.
Friedmans concept was not working.I think he know ithim self.Some of his writings say that!
But this BORING Epigones of Friedman,Right Wing lunaticks on this side shaming.Friedman was Primarly a Matematic guy.Great ekvations with ONLY one thing WRONG it was not working on a complex Society!Humans are Atoms!
"If economists wished to study the horse, they wouldn´t go and look at horses. They´d sit in their studies and say to themselves, "what would I do if I were a horse?"" ~ Ely Devons "The only function of economic forecasting is to make astrology look respectable." ~ John Kenneth Galbraith
To get a BA in Economics You Have to take Six Hours of Calculus and a Class in Linear Algebra. You're required do gradauate level math all the way through PHD.
since 1973.You don
´t sell.You haven´t investested in basic industry since early 1980.Your Trade balance is negative.You have too loan money from China and Japan to finance your war in IRAK and your hysteric consumption.Since you left the Keynesian economics stimulatiting week demands and took advices from Friedman
you have failed.If the World Bank was controlled by China,Japan or Germany you have been a third world country today.
Wal-Marts Biggest defenders.I hope i am wrong
and that Obama don
´t listen to advises from that terrible guy if he wins.Friedmans ideeas should stay wer they belong,Six feet under ground.
I might not have to worry about Obama getting elected then. Jason Furman is an excellent Economist from the Brookings Institution. Great organization.
´t think You have worry about non of the ANY President canditates if you are a Libertarian.The polticical machine in United States see that when Campain and the Debate is over,Obama like Clinton probarly would bee a "Moderate Republican"!Clinton had Jack Rubin,Obama Jason Furman. Most economist pre
fer Obama even in right wing because they trust him better then a unpreditabal Mc Cain that i can see!
income of much of the rest of the world and recession