|
|
 Originally Posted by wufwugy
I know this is very long so I don't expect you to watch, but in case you want to. Milton Friedman has long discussed how free market capitalism benefits the poorer more greatly than the richer.
My added input is that government favors are what make such divides, and that when government is prohibited from giving favors, the markets are most open to the most diverse and lowest cost alternatives, which helps the poor.
Friedman is explicit: there is no example in the world of a first-world society that didn't become that way but for free market capitalism.
That's fine and he may be right (didn't watch but I might some time), but it doesn't address my other point. If you take capitalism to it's extreme, there's no recourse for anyone who lacks resources to obtain things they might desperately need.
|
Reply With Quote