Friedman's policies have been utterly discredited.
Free market economic policies can only be enforced with the most repressive tactics possible.
As any swapmeet, yard sale, or flea market demonstates.
South American dictatorships during the 70's were all required to adopt Friedman's destruction of social programs, and sell off their publically owned infrastructure as a condition of IMF and World Bank assistance. American congomerates stood buy to pick off the railways, power plants and
I can only assume you are reading some leftist tripe that you truly have no grasp of.
Tell me comrade, which South American nation would you hold forth as an example of free market policies?
In all cases where Friedman's policies were used, prices rose, wages fell, the rich got richer, and poverty increased. The brutal repression kept people from daring to protest.
What silly nonsense.
I assume that the Marxist source of this idiocy makes more of an attempt to justify the complete bullshit you're spewing, and that you simply fail to grasp what Krugman, er I man the ignorant Marxist author was attempting to claim..
Keynesian stimulus, when required, a tax code which ensures all Americans get a fair share of their contribution to the wealth of the nation, and a strong social safety to buffer the weakest and poorest people from economic consequences of the periods of contraction and adjustment common to free market capitalism, ensuring that they can better weather these economic storms.
Word salad with no particular meaning.
Tell me comrade, with porkulous did "all Americans get a fair share of their contribution?" Other than all Americans who were bosses of public employee union retirement funds that is?
What of TARP? Where a middle class who had their life savings wiped out by a ponzi scheme put in place by Jimmy Carter and then exploded by Bill Clinton had what remained of their wealth stripped by government to bailout certain well connected looters. Bank of America was bailed out - Nancy Pelosi is a major shareholder. Countrywide destroyed and given to BofA - Nancy sure profited - most Americans got fucked. Goldman Sachs, darling of the democrats, bailed out - Bear Sterns, destroyed. And this is the basis of the looter credo that you promote, the use of government to prey on some for the benefit of the well connected.
But this is not how Keynes described stimulus. You claim to follow Keynes, however you haven't a fucking clue what he proposed. Porkulous made some pretense of public works and jobs programs (ever met someone employed under TARP, neither have I.) But in fact was just looting on behalf of SEUI and the UAW. Krugman isn't a Keynesian, he's a Marxist.
Friedman's policies do the opposite, which is why the USA is in the mess it's in right now. The Randian belief that social programs encourage sloth, and indigence, which has been utterly discredited, by the results in the first world nations for all of the peoples in their nations, versus the death, disease and destruction, being seen in the USA today.
Milton Friedman was not associated nor particularly favorable to the economic ideals of Ayn Rand, Ludwig Von Mises, or Murray Rothbard.
You have a net zero grasp of Keynes or Friedman. You spew utter and complete bullshit from Krugman or other mindless midgets and think it represents the General Theory. It doesn't.