Quote from pfitz1079
"if you put the federal government in charge of the sahara desert, in 5 years there'd be a shortage of sand"
rn, cfrn, emt-p
writing from the ninth circle
the nation's william greider posted a highly critical analysis of friedman and the impact of his (a)moral philosophy on the function of government, business and health care. see http://www.thenation.com/doc/20061211/greider
enterprise and markets were indeed set "free" of government regulation, but big government did not go away (it grew bigger). only now government acts mainly as patron and protector for the largest, most powerful interests--the same ones that demanded their liberation. instead of serving the broad general welfare, government enables capital and corporations to feed off the taxpayers' money and convert public assets into private profit centers, shielded from the wrath of any citizens trying to object. if that is what friedman really had in mind, he should have said so. ...
his most profound damage, however, was as a moral philosopher. he championed an ethic of unrelenting, unapologetic self-interest that effectively pushed aside human sympathy. in fact, humans' responsibility to one another has been delegitimized
--portrayed as an obstacle to the hardheaded analysis that maximizes returns....
friedman's utopia is also drenched in personal corruption
. the proliferating scandals in business, finance and government
flow directly from his teaching people to go for it and disregard moral qualms....
this is what the memorials left out: the cruel quality of friedman's obliviousness. art hilgart, a retired industrial economist, recalls hearing friedman lecture in 1991 and recommend the destruction of medicare, welfare, the postal system, social security and public education.
the audience was dumbfounded.
finally, a brave young woman asked what this would mean for poverty. "there is no poverty in america," friedman instructed
. a clear voice arose from the back of hall: "********!" the audience cheered wildly.