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| Name | Milton Friedman Speaks: Is Capitalism Humane? |
| Video Uploader | Video From Free To Choose Network |
| Upload Date | This Video Uploaded At 31-07-2012 18:54:22 |
| Video Discription | Dr. Friedman speaks on the morality of capitalism. The question is irrelevant. Capitalism per se is not humane or inhumane; neither is socialism. If we compare the two in terms of results, it is clear that only capitalism fosters equality and works toward social justice. The one is based on the principle of voluntary cooperation and free exchange, the other on force of position and power. In a free economy, it is hard to do good; you either have to use your own hard-earned money to do it or work hard to persuade others to your course. But by the same token, it is difficult to do harm because by preventing a concentration of power, capitalism prevents people from committing sustained, serious harm. Is capitalism humane or inhumane? It is neither. But it tends to give free rein to the human values of human beings. Check out our Facebook page here: https://www.facebook.com/FreeToChooseNetwork Visit our media website to find other programs here: http://freetochoosemedia.org/index.php Connect with us on Twitter here: https://twitter.com/FreeToChooseNet Learn more about our company here: http://freetochoosenetwork.org/ Shop for related products here: http://www.freetochoose.net/ Stream from FreeToChoose.TV here: http://freetochoose.tv/ |
| Category | Education |
| Tags | Milton Friedman (Academic) | Capitalism (Political Ideology) | Socialism (Political Ideology) | Free To Choose (Book) | Free Trade (Literature Subject) | Free Market (Literature Subject) | Economist (Profession) | Economy (Field Of Study) | Human Rights (Quotation Subject) | Freedom | Equality (Organization Sector) |
