Milton Friedman Puts A Young (and skinny) Michael Moore In His Place

Discussion in 'Economics' started by thesniper, Nov 21, 2011.

  1. Yes, but wasn't Germany a capitalist society at the time? And they certainly experienced the hosing, didn't they?
     
    #71     Nov 28, 2011
  2. Well, according to the theory, the tariffs and trade barriers you described would have resulted in a net loss, no matter how you slice it. There are other issues, as well. However, that was not really the point I was trying to make.
     
    #72     Nov 28, 2011
  3. jem

    jem

    net loss to who? china?

    it would be would if you suggested it had to be a new loss to the U.S. since export targeting and protectionism worked for Japan and then the other asian countries. Then, china took it step father and pegged our currency as well.
     
    #73     Nov 28, 2011
  4. Net loss to the system as a whole...

    There are some arguments in favor of some degree of protectionism, but, overall, it's an approach that's not really consistent with a capitalist, free-mkt view of the world. At any rate, I am not sure why we're discussing these issues here, as this doesn't really have anything to do with the stuff we were discussing before.
     
    #74     Nov 29, 2011
  5. DblArrow

    DblArrow



    Suicide is illegal - you cannot sell one kidney if you so desire, so enough have decided that you cannot put a price on your own life.

    Abortion - brought up by the kid in the video, where he basically says he does not value life, "I am a believer of abortion, therefore I don't believe every single life is sacred"; this is placing value and a price on someone else's life.
     
    #75     Nov 29, 2011
  6. DblArrow

    DblArrow

    Never has it been shown that a gun has "just gone off by itself."

    Many thousands of guns are loaded right now and sit waiting for use and cannot possible discharge.

    Dropping or banging or improperly adjusting can possibly cause them to discharge if handled improperly and then that becomes human error as most likely they are not handling the gun safely.
     
    #76     Nov 29, 2011
  7. Yup, but they didn't remain capitalist which kept them in the gutter led by one Adolph Hitler.

     
    #77     Nov 29, 2011
  8. OKI, so just to claify, you believe that the Great Depression (and other such periods of severe economic hardship) are there for some sort of reason. What happens to different people as a result of these circumstances is, essentially, a result of their collective conscious choices. Thus they deserve whatever fate befalls them. Is that correct?
     
    #78     Nov 29, 2011
  9. Glavez

    Glavez


    "placing value and price on someone's life" is being done all the time in environmental controls, food safety, work safety, transportation safety, healthcare, infrastructure, sovereignty.

    Human life is priced in everything we do or create. Most of the time the goal is to protect as many life's as possible but as resources became scarce or your own life/family/country more important compromises/sacrifices/collateral damage to human life are considered and executed every day.
     
    #79     Nov 29, 2011
  10. Corrections are an essential part of the capitalist business cycle and serves to clean out excess and corruption. Forfeiting capitalism to totalitarian rule serves to extend corruption and it's easy for the oligarchs to sell a loaf of bread to the weak and needy in exchange for slavery. The American spirit up to now has been liberty or death tho that may be changing. That hasn't been the case with people in other parts of the world who'd sell their soul for immediate satisfaction. Different strokes for different folks..

     
    #80     Nov 29, 2011