Milton Friedman speaks on "Responsibility to the Poor"

Posted by Mark 11 years, 5 months ago to Politics
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I am impressed by Milton Freidman's straightforward answers and unabashed defense of free markets. Do you think that Ayn Rand would agree with his statement (which is very different from the questioner's perspective) about responsibility?

SOURCE URL: http://www.youtube.com/watch?v=Rls8H6MktrA


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  • Posted by khalling 11 years, 5 months ago
    " So long as a concept such as “the public interest” (or the “social” or “national” or “international” interest) is regarded as a valid principle to guide legislation—lobbies and pressure groups will necessarily continue to exist. Since there is no such entity as “the public,” since the public is merely a number of individuals, the idea that “the public interest” supersedes private interests and rights, can have but one meaning: that the interests and rights of some individuals take precedence over the interests and rights of others." AR, Capitalism: The Unknown Ideal
    In this case, Friedman is referring to our moral responsibility to remove socialist policies that harm. However, once moral obligation is agreed upon in this case, one could demand it in the next case and so on. It is a pragmatic tool, and Friedman believed in making these sacrifices for a "better" nation. They would have sharply disagreed on this.
    However, she could be inconsistent on on some of these moral questions, when practicality was at the forefront. For example, she felt one could accept a public grant or scholarship s long as one did not advocate they exist in the first place.
    I guess I see a Friedman/Rand dissonance as healthy, important, and good.
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    • Posted by 11 years, 5 months ago
      It was a short blurb. I would have liked to see more. When he says, "We (people) have a responsibility to the poor" it was not clear to me that he was talking about policy (as opposed to a moral obligation, brother's keeper, etc). Do you know of any other videos or writing that clarifies what Friedman meant?
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      • Posted by khalling 11 years, 5 months ago
        http://www.youtube.com/watch?v=fKc6esIi0...
        you get another minute or so on this youtube version.
        Equality is a metaphysically impossible goal to achieve and not truly desired by those who demand it.
        His philosophy is just much more pragmatic than Objectivism. Don't stray from capitalism. Do I have a moral responsibility to give to charity? He is not consistent on this. He feels we have a moral responsibility to the Poor. He would never suggest force because it doesn't work. Rand would say it doesn't work because it is morally inconsistent with rational self interest. so there's that dose of altruism he's adding to the mix. Kind of like natural rights implicitly rejects altruism but not explicitly. Objectivism explicitly rejects a philosophy of altruism, even as a personal decision.
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