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Milton Friedman on Socialism Now


Politicians Should Listen to Milton Friedman on Socialism. If We Don’t Say no to the Global Elite Agenda We Will Have Far Worse Than Socialism to Worry About.


First, two quotes from Milton Friedman on socialism: “Socialism is a failure” and “Capitalism is a success”.

Milton Friedman is one of the premier economists and defenders of capitalism in the world. The problem is, capitalism doesn’t exist anywhere today.

But let’s get to the important question: “What is socialism?”  In its purest form, socialism is government ownership and control of the means of production.

Ownership of anything implies the right to the income produced by that thing.

All means of production in the United States – people, land, machines, buildings, etc. – produce our national income. In 1989 Friedman said:

“Spending by the government currently amounts to about 45 percent of national income.

“By that test, government owns 45 percent of the means of production that produces the national income. The U.S. is now 45 percent socialist.”

Friedman goes on to add that ownership implies rights to the output of the use of these resources. In 1989, and today, the federal government imposes ownership rights on industry and property.

What Friedman didn’t get right was the source of power behind the government.

Our shadow government is run by the banking elite and they make sure that no pure form of capitalism exists today.

While Friedman may be pro-capitalism, he missed the fact we don’t have any, anywhere, at all.



Milton Friedman on Socialism

“It prohibits certain uses (to deliver first class mail, to sell some drugs at all, to sell others without prescription, etc.); it controls other uses through laws governing wages, hours and working conditions, rent control and in other ways.”

While you might say that “FedEx costs so much more than the post office, why would we want to get rid of the USPS?” be reminded that the feds prop up the USPS through subsidies and by restricting who can deliver first-class mail to only the post office.

In private industry, we would call that a monopoly.

“Socialism has proved no more efficient at home than abroad. What are our most technologically backward areas?

“The delivery of first class mail, the schools, the judiciary, the legislative system – all mired in outdated technology.

“No doubt we need socialism for the judicial and legislative systems.

“We do not for mail or schools, as has been shown by Federal Express and others, and by the ability of many private schools to provide superior education to underprivileged youngsters at half the cost of government schooling.

“Airlines have had no difficulty in acquiring the planes and personnel to handle the increased traffic produced by deregulation.

“What has been the bottleneck? Airports. Why? Because they are government owned and operated.”

– Milton Friedman.

Heed Milton Friedman on Socialism

So for anyone voting for a candidate because he says he will spend more for education or roads, or use government funds to stabilize the economy, look a little deeper into their agenda (both Democrats and Republicans are guilty of these statements). Think about Friedman’s final thoughts:

“Yet what are the loudest complaints?

“Government should be doing more; government is strapped for funds; taxes should be raised; more regulations should be imposed; build more prisons to house more criminals created by socialist legislation.

“Child care? Program trading? Earthquakes? Pass a law.

“And every law comes with a price tag and is cited as a reason for higher taxes. Can we learn only from our own mistakes? Or not even from them?”

– Milton Friedman.




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