Milton Friedman and Phil Donahue On Socialism v Capitalism /w eng sub /w Trad Chi Sub(繁體中文字幕)

Milton Friedman and Phil Donahue On Socialism v Capitalism /w eng sub /w Trad Chi Sub(繁體中文字幕)

when you see around the globe the maldistribution of wealth the desperate plight of the millions people in underdeveloped countries When you see so few have and so many have nots When you see the greed and the concentration of power did you ever have a moment of doubt about capitalism and whether the greed is a good idea that to run on Well first of all, tell me,Is there some society you know that doesn¡¦t run on greed? You think Russia doesn¡¦t run on greed? You think China doesn¡¦t run on greed? What is greed? Of course, none of us are greedy, it¡¦s only the other fellow who¡¦s greedy The world runs on individuals pursuing their separate interests The great achievements of civilization have not come from government bureaus Einstein didn¡¦t construct his theory under order from a bureaucrat Henry Ford didn¡¦t revolutionize the automobile industry that way In the only cases in which the masses have escaped from the kind of grinding poverty you¡¦re talking about the only cases in recorded history, are where they have had capitalism and largely free trade If you want to know where the masses are worse off, worst off it¡¦s exactly in the kinds of societies that depart from that So that the record of history is absolutely crystal clear that there is no alternative way so far discovered of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by the free-enterprise system But it seems to reward not virtue as much as the ability to manipulate system And what does reward virtue? You think the communist commissar rewards virtue? You think a Hitler rewards virtue? You think, excuse me, if you’ll pardon me, American presidents reward virtue? Do they choose their appointees on the basis of the virtue of the people appointed or on the basis of their political clout? Is it really true that political self-interest is nobler somehow than economic self-interest? You know i think you are taking a lot of things for granted. Just tell me where in the world you find these angels. Who are going to organize the society for us. Well, i dont even trust you to do that.

2 thoughts on “Milton Friedman and Phil Donahue On Socialism v Capitalism /w eng sub /w Trad Chi Sub(繁體中文字幕)

  1. The angels you were talking about are everywhere now. Virtue is from love and it doesn't need any reward. Nothing is above virtue(the right values), not even to mention the society which runs on GREED.

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