Tuesday, October 23, 2012

Socialism vs Capitalism: Milton Friedman

An excerpt from The Phil Donahue show (1979) where Milton Friedman talks in short about Capitalism and Socialism and what impact it has on societies. In his book "Capitalism and Freedom" (1962) Milton Friedman (1912-2006) advocated minimizing the role of government in a free market as a means of creating political and social freedom.