I'm marathoning Milton Friedman and yet to find a hole in his logic
I'm marathoning Milton Friedman and yet to find a hole in his logic
Other urls found in this thread:
youtube.com
youtube.com
twitter.com
Did you find a nose in his logic yet?
it's all nice theory til you listen to libertarians irl about how everything should be unregulated to allow the free market and natural order emerge
youtube.com
libertarians are just right wing hippies
unregulated free markets gave us facebook, tinder and tiktok, which has doomed the human race
libertarians assume everyone is a rational high IQ person, if that were true nobody would be obese, because they'd read up on nutrition
but this is how people actually are
youtube.com
#notalljews
Poltards need more Friedman. With stagflation on the horizon, we really could have used someone like him right now
Don't attribute to him, your conventional views of what makes a libertarian. He's a believer in freedom.
I had the exact same progression. Free markets really are great for prosperity until you realise the vast majority of people are retards who will simply create a world of utter stupidity and chaos when given freedom to choose.
He is directly responsible for the withholding income tax, he didn't understand business cycles at all, didn't understand Austrian Economics, had no clue why the Federal Reserve was evil and needed to be abolished, very ignorant man.
The argument is that market interactions are all voluntary interactions while any action of the state always translates to coercion.
Even in democracy. Ever decision taken by the majority means those who voted against will be coerced, forced to carry a decision that's against their will.
In free market interactions, there is no coersion, the worst that can happen to you is people trying to persuade you to buy their shit.
His argument against minimum wage is also very lucid
I like Rothbard more
Would other's choices really impact you in a free market without taxes? Like minded people will naturally segregate. Look how niggers and whites don't mingle
>and yet to find a hole in his logic
it is theory, in theory Communism works, the only country that implemented all that was the early Pinochet's Chile and it was a shitfest, he has to backpedal after a couple of years.
>B-but it wasn't properly implemented
You wrong
It's pretty hard to find any fault with any complex argument if you're not fully familiar with it.
Then, once you are, you need to break it down, taking into account every interaction of a presented system with the environment in which it operates, as well as paying attention to second level operations, where the system interacts with itself.
This is assuming you're fully familiar and on board with Friedman's premises.
Ultimately, the simplest way to check his sistem is look at how he describes the world and what he predicts and see if he's accurate.
>>C'mon bruh just let the (((markets))) reign free!
>>What could go wrong with free flow of currency and influence?
He was at least an empiricist in principle, unlike the randroids, rothbots and von miserables
One of the enormous holes in his logic is that the economy (or world) is not infinitely large.
Therefore, it is possible that one player in the market can gain a monopoly position. And at that point (or close to that point), the whole free-market bullshit falls down. It's what you see happening now with big-tech, big-pharma, etc.
And this wasn't new when he got big, it had already happened during the 19th century.
Additionally, free-market capitalism cannot determine a healthy price on labor. Since people have to work more when you pay less, the price of labor is inversely proportional to the supply of labor. This can make the system turn into a few rich oligarchs and a large mass of very poor.
Never listened to a word of what he has said, probably never will. The kikes need to be banned from White countries, everything else is secondary.
Well the irony is that the masses always vote against a free market without taxes. Theoretically though, you're right.
Out comes the retards. The midwits. The unironic "Any Forums-brain". You see "jew" and instantly everything he says is lies and deceit.
What do you say to jews like Norman Finklestein?
Tik tok and facebook were started by the governments.
The entire Austrian school was funded by Viennese landlords to find arguments and reasons why they should be allowed to gouge goyim on their rent. The whole thing is 100% a Jewish op.
Trips of truth.
He got a nobel price "for his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policy."
And his predictions for America were that if they continue with that shit, they'll land in the gutter. And look where they are now it's a wonder that they held out so long.
People are reflections of yourself.
Pharma companies couldn't exist in the form they do without patent laws that protect their "monopolies" on the drugs they produce for decades
Friedmanism has been tried and globohomo is the product
Remember he was an ex-leftie who went on a project to destroy the right from the inside
I can tell your age simply by this post. When you grow up you'll realise.
>Norman Finklestein
the jew bases his whole ideology on the holohoax.
Hes a manlet and a jew and never lifted weights.
>One of the enormous holes in his logic
Why? He said governments role in market regulation is to provide a level playing field for all. there is no hole in his logic. He's no free market absolutist and acknoledges the role of the government as "referee".
>In free market interactions, there is no coercion.
Lmao, ever walked on a car dealership lot before? In all seriousness, sales tactics and advertising are a form of coercion. A lot of fast food restaurants use the color red because it actually subconsciously makes people hungrier. That's just on example. How are people free in a society where multi billion dollar corporations daily manipulate their minds and bodies with techniques that only they have the data and means to implement? How can a market participant make a rational choice given all of that? How is that an absence or coercion?
you live in a Keynesian world, he was antisemite too.