Who would you choose to organize society in a manner that you would like society to be?
Why would you trust that person or entity to do that, or what would convince you that he or she or they would do it as you want it done?
In the following 30-year-old video clip, Milton Friedman explains his opinion that almost all great advancements that the world has known have been a result of human desire or, to be crass about it, human greed. And it is his opinion that there has never been a case where large populations of humans have risen above chronic poverty by any means other than via free enterprise or implementation of human greed.
[ame=http://www.youtube.com/watch?v=mzuTsolgkqk]YouTube - Milton Friedman - Greed[/ame]
Is he right? Greed, while not a virtue, can be something other than an undesirable vice?
Should our politics recognize greed as a necessity for progress and plenty? Or is the equalization of wealth a higher priority, the more desirable goal, and the plan that will produce the greatest happiness?
Why would you trust that person or entity to do that, or what would convince you that he or she or they would do it as you want it done?
In the following 30-year-old video clip, Milton Friedman explains his opinion that almost all great advancements that the world has known have been a result of human desire or, to be crass about it, human greed. And it is his opinion that there has never been a case where large populations of humans have risen above chronic poverty by any means other than via free enterprise or implementation of human greed.
[ame=http://www.youtube.com/watch?v=mzuTsolgkqk]YouTube - Milton Friedman - Greed[/ame]
Is he right? Greed, while not a virtue, can be something other than an undesirable vice?
Should our politics recognize greed as a necessity for progress and plenty? Or is the equalization of wealth a higher priority, the more desirable goal, and the plan that will produce the greatest happiness?