capitalism and freedom by milton friedman

Another example, The revolving doors between policy makers and the corporations that are to be regulated flow freely and dictate our social condition and of future generations. The book doesn't even address neoconservatives and neoliberals who benefit the most from such an approach. always lopsided in favor of militar spending. For example, let's look at the amount of money private contractors make from the govt and how skewed our budgets are. Many suggestions made in the book are actually a reality by now. Now if we pause and take a breath, looking at America right now, we see many of the redundant solutions he presents, even if adopted 1/3 of the way would have enabled the current issues that Capitalist America faces.

Why you ask? Most solutions presented fall back on total deregulation and relying on the free market/invisible hand. At times the teachings of this book are borderline perverse and severely brainwashy, failing to address key issues. However, as I kept reading, to my surprise, time and time again, I was bombarded with a reductionist view of our socio-economic climate that felt so outdated and out of touch with the current realities that we face in our economy. There are times in the book where certain ideas about taxation and deregulation did make some sense. As some who favors a decentralized economy, I picked up this book with a open mind.

Capitalism and freedom by milton friedman