Friedman is regarded only by the most extreme of ideologues. The experiment of stripping governments down to the bare minimum has been attempted by Chicago school nutters numerous times and in many countries. It doesn't benefit society in any way, shape nor form. It was tried in Russia, Poland, South Africa, Argentina, to a degree the UK and the US etc etc. In many places. It means deregulating and allowing powerful corporations and individuals to do whatever the heck they want. Thus mass unemployment, shipping of jobs overseas, commodities manipulation, currency instability, mass privatisation etc etc. In many instances the only way to quell dissent was to use force (vanishing and torture) and in our societies police brutality and legislation against long term mass dissent.
I regard the field of economics with deep suspicion as the field is tainted. Many leading economists work for major corporations and thus they ARE definitely tainted. They advocate ideas that are good for the corporations, good for the elite and ultimately what we have is the mess the world is in today. These people propagated and wrote papers arguing that deregulation and allowing markets to correct themselves free of government involvement was the way to go and like fools the politicians lapped it up. They too are a tainted breed who like the taste of money.
The free market is a term that exists for politicians and is something weird economists yearn for as the result of years of brainwashing and a desire to join the elite. Of course it has no real value in the real world and should NEVER do so. It is a horrid Darwinian concept that can lead to no good. Money is a man made concept and thus must be controlled with care. You cannot allow individuals and corporations to become God's with their money and that has largely become the case. They control exchange rates, they export jobs overseas, the rich get richer and the poor get poorer. Nothing good can ever come of such an evil concept and it is evil.
You need government control, but ultimately what you need is government run in the interests of the people and that is something that America is quite definitely lacking and Britain too. The closest Britain has come to working in the interests of the people was the Labour government post WW2. Ever since it has gradually getting chipped away and Friedman definitely played his role in that and in too many other places and all his rotten disciples too. What a nasty, slithering, little cunt and what a sniveling bunch of little fuckheads. I would piss on every one of their graves and kick the headstones down.
This very topic makes me angry. It pisses me off what a bunch of bald, textbook bashers have done to very real countries with their drivel and it is drivel and it is discredited.
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