Milton Friedman's Legacy: The Suppression of Individual Freedom by Corporate Governance

[Donnachaidh]

http://blog.buzzflash.com/node/12584

Is Milton Friedman, the father of modern anarchistic capitalism and the economic "shock doctrine" a "true hero of freedom"?

That's how George W. Bush praised Friedman in a White House ceremony a few years back. (Ronald Reagan bestowed the Presidential Medal of Freedom on the "Republican revolution" guru.)

I came across a clip of the event the other night, and it brought home how fervently this nation's political and financial elite have embraced an extremist notion. America's domestic and foreign policy now proceeds on the assumption that democracy can only flourish with the existence of unfettered, unregulated, predatory corporate activity.

The Milton Friedman "Chicago School" economic model equates democracy with the consolidation of capital and power.

More at the link --

[hifiguy]

1. Milton Friedman was always a fascist asshat

and his "ideas" along with those of Ayn Rand, belong in the dustbin of history.