Milton Friedman - Concentration Of Power
*I do not own the copyrights for this video*
*This video is from 1980*
Though this video primarily talks about the US, the same dynamics are always at play anywhere there is a concentration of power (both within the government or private parties working with the government).
"No country can be called free which is governed by an absolute power; and it matters not whether it be an absolute royal power or an absolute legislative power, as the consequences will be the same to the people."
- Thomas Paine
"The more restrictions and prohibitions there are,
The poorer the people will be.
The more laws and commands there are,
The more thieves and robbers there will be."
- Lao Tzu
Original video - https://youtu.be/4PntXDxC9Bw
'Democracies have only recently been considered desirable. Historically, it was feared that democracies always self destruct when citizens, forgetting that you cannot remove want and misery through legislation, insist on government actions that physically and morally bankrupt their nation.'
More videos from Dr.Friedman -
The Maintenance of a Free Society -
Freedom vs Tyranny -
Why People Give Up Their Personal Freedom -
Overwhelming Public Demand Myth -
Crony Capitalism and the Free Market -
Resources and Value -
Path to a Free Society -
Lessons Of The Great Depression -
Britain & State Mandated Equality -
India And Handlooms -
Big Business, Big Government -
The Proper Role Of Government (Part 2) -
The Proper Role Of Government (Part 1) -
Government Health Care -
Liberty And The Ordinary Man -
Freedom Not To Act -
Socialized Medicine -
Timeless Principles Of Freedom -
Creating Disrespect For The Law -
Socialism Is Force -
How To Cure Inflation (Part 1) -
The Great Depression Myth -
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