Friday, March 18, 2011

There are No Angels: The CNBC Commercial

Many of you may have already seen this commercial or the youtube video clip. The beauty of this classic exchange between Milton Friedman and Phil Donahue is how simply and how powerfully Friedman was able to articulate his views on capitalism and freedom.

There are few, if any, angels anywhere truly looking out for the interests of the common man or the poor. People have all sorts of motivations, but government has a way of distorting not only one's idealism, but transforming people into a creatures of compromise who trade away their souls just to keep the gravy train rolling.

When the controlling influence of government is minimized, and people are free to satisfy each other's wants and needs with honest exchange and philanthropy, the primary role of government is as a referee.

At the intersection of government and greed all we find is crony capitalism.

The Complete Friedman/Donohue Interview

Part 1

Part 2

Part 3

Part 4

Part 5

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