The Phil Donahue Show: Milton Friedman- 'Why Capitalism is Best (1979)'

Source:Commonsense Capitalism- Economics Professor Milton Friedman, on The Phil Donahue Show, in 1979.

"Milton Friedman On Why Capitalism is Best"  

From Commonsense Capitalism

Phil Donahue essentially trying to make the case that private enterprise and capitalism is somehow greedy and all the angels and unselfish people work for government, with the role of regulating how the rest of us live. 

With Professor Friedman making the sharp and quick response to that by boomeranging Mr. Donahue's point against him and rhetorically asking him: "Do you think Russia and China doesn't act on greed and aren't greedy." As well as asking him if he's aware of a successful society that doesn't act on greed. 

Webster's definition of greed: "a selfish and excessive desire for more of something (such as money) than is needed" We all want more than we need in life (except for Angels and Saints) so we have security and not have to worry about how we're going to pay our bills and take care of our families. 

There can be too much of anything in life, as well as too little. But if you eliminate greed, you'll have a lot more poverty in America, as well as anywhere else, because you'll have fewer people wanting to be successful in life and getting the skills and knowledge to be successful, because they won't have that self-motivation to be secure and have more than they need to live well.  

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You can also see this post at The Daily Post, on WordPress. (No pun intended)

Commentary: Politics: Peter Wehner: Saving the Republican Party

Saving the Republican Party: pThe Republican Party is in trouble: In the wake of the presidential election, everybody has said so, and everybody is right. From there, however, a hundred paths diverge and a thousand voices have been heard. The relevant questions are these: How deep is the trouble? How much of it is self-inflicted and how much is a [...]/p

FRSFreeStatePlus-
If you are going to write a blog with the title of Saving the Republican Party. Some questions need to be asked and answered like. Is the Republican Party in need of being saved. Is the Republican Party worth being saved. If it is how could the Republican Party be saved. If the answer to that question to the first question is no, then you believe the status quo in the Republican Party is fine or in good shape. But if the answer is yes, that it needs to be saved, then another question would be how to save the. Republican Part,  If the answer to the question is yes that the Republican Party is not worth saving. Then another question would be what would be next, do we become a one party state with the Democratic Party. In position to be the governing as well as majority party for years to come. Or does another party on the right emerge and what does it look like and what happens to the modern Republican Party without. Having the people and resources to remain a major party in American politics.

To answer a couple of my questions myself, I do believe the Republican Party does need to be saved and should be saved. And that the people and policies and politics are already there to make the Republican Party a governing party again in the near future. Probably not by 2016 if 2012 voting trends hold but within ten years or so. The other reason I believe is that in a Liberal-Democracy that has at least two political parties. The benefit of that is choice which is what you don't tend to get one party states that tend to be Authoritarian anyway to begin with. A direction that the far-right in America would definitely like to move us in but something the overwhelmingly majority of the country doesn't want. We need at least two strong parties that believe in freedom, a Liberal and a Conservative Party to balance each. Other out to give the people a good choice in who to vote for. The idea being that both parties believe in freedom and the idea being which party represents the best choice overall.

My argument for this is not that Republican Party has become too Conservative but they've become too far to the right. They aren't Conservative enough, they don't believe in enough freedom. The modern GOP has basically become a party that believes that government should stay out of the economy. Except for subsidizing big business and making it harder if not impossible for labor to organize. And have become a Theocratic as well as secular Statist Party on social issues and national security. That social freedom has to be restricted or even contracted for the good of our national security and morality. And somehow this also protects religious freedom and have expanded religious freedom to not only. Believing that Christians have the right to believe in whatever they want but to force their views in law over everyone else. Even if thats the overwhelming majority of the country and if the country moves to keep these views from becoming law. That somehow that violates religious freedom. And there just are not enough people in the country who share kind of thinking in the country for the GOP.

So how could and I believe the only way the Republican Party can be saved short of outlawing traditional Democrats from voting. In swing states which won't happen and of course thats a good thing but to save the GOP. They need to get back to being the classical Conservative-Republican Party that they were up until the early 1990s or so. And separate from the far-right in America or put them in a small box where they won't have enough power to cost the GOP elections, national elections. The White House or Congress, because without the far-right the GOP probably adds to seats to the House in. 2012 and takes back the Senate and probably wins back the White House this year as well because of all. Of those voters who voted Democratic would've probably been in play for Republicans if they didn't have. The Todd Akin's of the world running for office. So the GOP needs to do with Theocrats and Neoconservatives what the Democratic Leadership has done with the Social-Democrats or the far-left. And tell them you don't run this party anymore and you don't have anywhere else to go as well.

Its not that real Conservatives or Conservative-Libertarians don't exist in the GOP today. Its that they don't have enough of them. The Rand Paul wing of the GOP is not hurting the GOP but they don't have enough Rand Paul's or Ron Johnson's or Mike Lee's, Justin Amash's and others in Congress. And they need a lot more to be successful in the future.