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Grotesque inequality is not acceptable.

16 years ago? feels like yesterday. i hope to be able to try this plugin soon!

Stricter policies exist in Nordic countries .. minimum wage , unemployment benefits high quality health care , education .. with higher taxes -- and no .....poverty ... right ?

Employing children for almost.... nothing instead of educating them is just and fair ?

PBS would never allow this today.

If you take a rich persons money then there’s no reason for them to make it in the 1st place. So then they won’t make it and you’ll have nothing to take.

If we get rid of MW and social security do you really think companies would hire more workers? Reality is they will still exploit the ones that are desperate enough to sell themselves and companies will pocket the everything they can to the last penny. Does this still lead to higher investments? I think so. But only to the benefit for the rich - if you cant live comfortably of this jobs anyway. This is ALSO a death cycle. You people (and MF) still think that companies are going to work for the benefit of ALL/society. They dont. They never have and they never will. They will work to benefit the rich. Every. Single. Time. Forever.

Milton was a damned fool. Greed runs the world. Twas ever so.

Companies incesting into other companies just means passing riches to other wealthy people. When does it get to the people? It doesn't!

Must be so hard to not be able to fit all that passive income into one’s pockets. You’d need a whole closet. Why would workers need anything when there’s stocks & real estate properties? Eating is selfish. Cadillacs & fancy watches only grow on trees if you own a vineyard.

Milt is talking about trickle down economics it never has worked and never will. This has been proven over and over.

Here's the people DOOING the soaking: AMERICA’S REAL SOCIALISM is REPUBLICAN CONSERVUNIST CORPORATE WELFARE SOCIALISM for (mostly) PRIVATE CORPORATIONS! (Copy and paste to your friends) Here’s a short list... Remember this next time someone complains about “High Taxes”. Conservunism defined: Primarily Republican Party taxpayer funded corporate welfare Socialism. If you practice political Conservunism, you are a Conservunist politician. “Socialism for the wealthy, ‘Rugged Individualism’ for the poor.” “Debt is Republican Double Taxation.” (Principle Plus Interest to the Bankers) “Taking from the wallets of the many into the pockets of the few.” “The taxpayer bailout of failure.” “Wait! This is how the Soviets did it!” (Before their empire died of massive debt). Note: As applicable, the following bailouts are in dollars of their time. (Not inflation adjusted to today). 1970’s: Nixon’s printing Billions of fiat money to pay for Vietnam, 21% a year inflation results. 1971: Lockheed Aircraft Corporation taxpayer bailout, $250 Million. 1971: Amtrak, Taxpayers bailing out 23 passenger rail companies. 1974: Penn Central Rail Road taxpayer bailout, $676 Million. 1976: Formation of Government Conrail to bail out failed freight railroads ($?) 1980: Chrysler Corporation taxpayer loan guarantees, $1.5 Billion (paid back in full). 1980: Continental Illinois Bank taxpayer bailout, $1.8 Billion. 1989: Reagan/Bush R.T.C. Savings and Loan taxpayer bailout, $178.5 Billion. 1994: Orange County California Republican investment boondoggle $1.5 Billion taxpayer bailout. 1998: Long Term Capital Management (LTCM) taxpayer bailout, $100 Billion. July 2008: Housing Bailout Package. Nationalized Fannie Mae and Freddie Mac, $200 Billion, adding $5.5 Trillion in debt to the US government accounting books. August 2007: Bear Stearns and JP Morgan taxpayer bailout, $29 Billion. Sept. 2008: American Insurance Group (AIG) taxpayer bailout, $173 Billion. Sept. 2008: bush’s Troubled Asset Relief Program (TARP) taxpayer bailout, $700 Billion. Sept. 2008: GM and Chrysler taxpayer bailouts, $30 Billion (part of TARP). Nov. 2008: Citi Group, $45 Billion and $250 Billion for its toxic assets. Bank of America, $45 Billion and $306 Billion for its toxic assets. 2009 Homeowner Bailouts, $75 Billion. And the Economic Stimulus Plan as a result of the near economic collapse of the US Economy, $770 Billion. More Details: Reagan's and daddy Bush's taxpayer funded $250 billion 1988-1989 Resolution Trust Corporation (R.T.C.) Socialist taxpayer funded bailouts for the financial failures of Savings and Loan Bankers. This was done after Reagan deregulated the Savings & Loan industry in the summer of 1982. And the absolute horrendous financial decisions by Reagan’s Fed Chairman Alan Greenspan. How about co-presidents bush and Cheney's Socialist taxpayer funded $750 billion September 2008 Troubled Asset Relief Program (T.A.R.P.), the socialist taxpayer funded bailouts for their failed Republican "Investment Bankers", Goldman Sachs, Merrill Lynch, Bear Sterns, and Insurance company AIG, and Real Estate moguls like Freddy Mac and Sally Mae. Or how about bush's lying us into the March 2003-2011, $2.2 Trillion Iraq War For Profit complete with Socialist taxpayer funded "No Bid Contracts", “Cost Plus Contracts”, and "$igning $tatement$" to Halliburton, Bechtel, Blackwater’s Mercenaries, and Kellogg Brown and Root just to name a few. Note: 52% of all Iraq contracts went to Cheney’s Halliburton. Wheres the WMD’s George?? Then there’s Trump's March 27, 2020, $3.8 Trillion socialist taxpayer funded, inflation creating, fiat money, Corona Virus Aide Relief and Economic Security (C.A.R.E.S.) Act/s (divided into four Bills). Initiated after Trump dismantled the US Pandemic Task Force in early 2019, which would have mitigated the effects of the virus with scientific responses. The immensely reckless spending corporate welfare C.A.R.E.S. Act is a major cause of our current INFLATION. 2020-03-18, “Family First Covid Response Act: $192 Billion. 2020-03-27, Corona Virus Aide Relief and Economic Security Act: $2.2 Trillion. 2020-03-27, Payment Protection Program (PPP): 484 Billion. 2020-12-27, Consolidated Appropriations Act: $900 Billion. Lets not forget about Credit Card Companies “Cash Back” wealth transfer programs for the already wealthy. Paid for by some poor smuck paying 29% on his credit card bill. How about all that socialist taxpayer money to "private" billionaire sports team owners for their "free" taxpayer funded sports stadiums? Ask yourself this; should you tax money be paying for someone else (a millionaires) entertainment? In Arizona as an example; for the socialist Arizona Cardinals Football stadium, approx $350 Million, the socialist Phoenix Suns Basketball arena, approx $200 Million; the socialist Arizona Diamondback Baseball stadium, approx $300 million; and soon AGAIN, the socialist Arizona Coyotes Hockey stadium. This time the City Counsel suckers (or collaborators) are in Tempe instead of Glendale where the Coyotes skipped out of $100 Million still owed to the Glendale taxpayers. And lets not forget Dubya’s law breaking eminent domain socialist theft from the City of Arlington Texas to build his new taxpayer finances Texas Ranger baseball stadium in 1990. Bush received $21 Million from the crooked deal. How about the taxpayer funded socialist Republican “vouchers” to PRIVATE SCHOOLS AND NOW PRIVATE RELIGIOUS SCHOOLS? Private being the key word for this taxpayer finances Conservunist fraud. The Republican socialist (America's REAL Socialists), got their Redistribution of Wealth...Trickling UP! I am not now nor have I ever been a member of the Conservunist Party. REMEMBER: ANTI REPUBLICAN SOCIALIST CORPORATE WELFARE IS PRO BUSINESS! Remember: Copy and paste to your friends.

Conservatives are the absolute opposite of what Friedman was.

Poor woman A master of spin.

“Who try to get up into the world…” That’s an invalid assumption. Our out of wedlock mothers are much worse and our education system is much worse today.

They invest in factories in OTHER COUNTRIES. It doesn't help U.S. workers. They are now buying up single family housing - pricing out new homeowners - making home ownership unreachable for the majority of Americans. This sound bite is hopelessly out of date.

He has a decent point about minimum wage, but inflation and rental costs have gotten so severe minimum wage is pretty much necessary now in the US. In the earlier years his idea would probably work though.

Milton Friedman can’t rest in peace because he’s rolling in his grave.

How much is invested today in things like physical assets, as opposed to invested in "nothings" like bank stocks, etc. What do banks create, other than money out of thin air and more debt?

Thats why women were not allowed to vote.

I guess there's some genuine hardship for single women, or women married to a deadbeat.

Milton was a very brilliant thinker. Wasn't part of the self-pity, cry baby sheep.

We are living under the question mark if we should push hard forward or consider it a dead end, make a u turn and resume from a previous checkpoint. I think we should go back and start again from the points were already made by Friedman. It went well for a while and then we kind of forgot why it went well and dropped core values on the way

Hey asshole Friedman… It’s not about soaking the rich it’s about making them pay their fair share of taxes.

Political explanations have come to dominate the thinking of so much of society. These people don't understand that most issues require extensive exercise, knowledge, and information. It's much easier to accept an easy-to-digest political answer that paints things in simplistic terms and usually casts the believer in the role of the "good guy" and some other people as morally inferior.

Phil Donahue never did wise up

What I really respect about Friedman is his ability to explain economics to the layperson in plain English. No academic jargon, no appeals to authority, no snippy disrespectful remarks, just clear and respectful answers. He never insults the less educated, which is more than I can say of many lesser pundits today.

A woman who had not actually thought about the issue she thought she'd been thinking about.

This video gave me brain rot

BS! So soaking Musk with nearly $200 Billion hasn't reinvested into more work for people. As a matter of fact, he's been laying people off so that he can hoard more money. This trickle down economy has only proven to widen the gap between the middle class and the ultra elites that pay guys like this tons of money to deceive you into thinking that this works.

I feel sad that he is no longer alive among us in days like these that we would have benefited from his judgment

I was never offered a job by a poor person.

Same old bs Leftist complaints then and now Rich man blah blah blah Poor man blah blah blah Not fair blah blah blah Rich man should give his money to poor man blah blah blah

The sad part is that this is 40 years old but the left still can't work it out...

In europe it's impossible to hire young people and young unemployment is 40%.

sad thing about losing people like Milton Friedman or a Thomas Sowell. Our leftist focused universities are producing moronic Socialists whom live a life of ENVY, not reality. All of our universities are producing misfits of wealth envy wishing to steal the wealth of whom they perceive as Rich to redistribute that stolen wealth to the poor. Milton in the video lays it out to the wealth envious lady what that cost will be. It sure won't be good to the worker whom sees their Business Owner well up there in age, and potentially dying. Because the Wealth Tax System excludes transferring the business ownership to his or her family member to carry on the Business. As Milton says, as the business grows its death will be inevitable, and older workers whom may have grown with that business will be set adrift later in life with loss of job due to death of the business owner. Pretty sad boom and bust working situation. But that's what you get in a country with outrageous Wealth Taxes and Inheritance taxes.

So this lady complains that "rich people hoard their money and invest it", and then she implies, "Instead of giving it to people like her, who are on the brink of retirement and don't have enough money". She should have been hoarding her money and investing it. My husband and I were both self-employed. We worked 6 days a week, including weekends and holidays. We worked many nights. We did not spend our money on vacations, new cars, and hardly even going out to eat. We "hoarded" our money, and invested it. Now it works for us, gives us a retirement, and we can leave it to our kids to work for them.

ronald reagan ROTS IN HELL IN ETERNAL AGONIZING EXCRUCIATING TORMENT AS A SECTION 8 WELFARE QUEEN WITH 8 CHILDREN FROM 5 BABY DADDIES WHO SHE NEVER SEES ONCE SHE IS PREGNANT

Sorry uncle miltie......SOAKING THE RICH TOTALLY WORKS AND IT IS WHAT DROVE THE PROSPERITY OF POST WAR AMERICA RIGHT UP TO 1980

Why does the thoughts of staging a "French Revolution version 2023" give me a RAGING HARD ON???

Wow, What an entitled classiest, racist misogynist! The whole schooling is a scheme, so you want to fix the abusive economy with more abuse?!

Love this guy but he missed his true vocation as a ventriloquist. How does he manage to speak so clearly without moving his mouth?!

Can you imagine that old bag being your mother or grandmother? Good god

Wish you were here, Milton.

Only labor creates value

There will always be people around to kiss the asses of the wealthy. It's a problem of our time that the rich ARE getting richer while the middle class hasn't kept up with inflation for 40 years. Wanna know where this ends? Ask Nick Hanauer, who wrote "The Pitchforks are Coming."

What a crock of shit. Friedman twists reality and motivations to justify greed as something to be cherished. His egocentric takes are a pox on society. And are detrimental to coexistence between classes. May he rot in hell

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 and lastly the destruction of unions which gave some form of democracy to workers. This contributed greatly to stagnant wages and many employees feel they have to walk on eggshells and are afraid to speak up if they are overworked or if the environment is toxic psychologically or environmentally. 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 Bellotti and Citizens United was passed. Prior to these two bills 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 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. In the name of less government. 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. In the name of less government. 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. In the name of less government Interference with capitalism. 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

This man never fails to amaze me

2022 are different times & we no longer have a free market, we have the illusion of a free market. Governments & Corporations now work together to manipulate the market. It's competition within the free market that keeps prices down & the reason there is a lack of competition is because politicians work very closely with Corporate interests at the expense of the general publics interests. A world and market with many small to medium businesses would create competition & drive down prices. What we're seeing now is corruption & pure Corporate greed, the monopolisation of the Market.