Milton Friedman Part III: Friedman vs. Liberal Detractors

There is one man who embodies the spirit of capitalism, but most have never heard of him. That needs to change. It's time for Americans to remember and get to know Milton Friedman, the father of modern economics.

Milton Friedman was a brilliant champion of the free market, capitalism and the American way of life. He was not a politician, just a man who looked at things in a radically different way --- and articulated them simply and persuasively.

Part III: Friedman vs. Liberal Detractors

Milton Friedman was a powerful, passionate, cheerful and reasoned defender of what America and capitalism has done for the country and the world. Friedman's handling of radicals and leftist was done with calm logic grounded in facts and common sense. Many today might be thinking, "Mister, we could use a man like Milton Friedman again."

When Friedman encountered radical extremist Frances Fox Piven, who co-authored the Cloward-Piven plan to overload the welfare system in this country and bring down our economy, he challenged her irrational logic with facts and direct questions.

FRANCES: That so-called free enterprise system has always used government. The entrepreneurs of that free enterprise system have always used government. And the question that you raise is whether other people can use government to achieve their ends.

The free enterprise system, as it is spread around the world, as it is spread to Asia and Africa and Latin America, has spread through the force of alms, among other things. And those alms were wielded by governments. That was government intervention under the name of the free enterprise system, but a government intervention which destroyed the freedoms of many people.

MILTON: You always are talking about mixed systems, and I challenge you to find a single example in history at any time of any society where people have been relatively free, and I don't mean merely --- what you call merely --- economic freedom. I mean freedom in the full sense. I mean freedom of individuals to pursue their own objectives, their own values, to live their lives. I want you to name me any society in which you've had any large measure of that freedom, where capitalism and free enterprise has not been the predominant mechanism for controlling economic activity. Not the sole mechanism, but the dominant one. I want you to name me one exception.

Friedman was continually attacked by leftists who believed socialism or communism were superior to capitalism and the free market. And he continually rebutted their claims with a clear truth based in facts.

Friedman also educated college students who believed the free market to be inferior. When challenged by one student that in a free market system the poor remained poor and the rich remained rich, Friedman had plenty to say.

MILTON: This is not built into the system at all. It's never been true. It's simply a false. If you look at the evidence, there is an enormous amount of mobility from one class to the other. In fact, there used to be a saying, three generations from church leads to church slaves, which reflected the exactly opposite affect. So it's simply not built into the system. On the contrary, there's a great deal of mobility within generations and between generations, and we shouldn't argue on the basis of false factual premises. In my opinion, a society that aims for equality before liberty will end up with neither equality nor liberty.

Contrary to what most economists of his day --- and of this day --- believe, Friedman also felt government was the problem, not the solution for education and unemployment.

MILTON: Why do we have a black teenage unemployment rate from 30 to 40 percent? Because of two failures of government. One, a failure to provide decent schooling, which is a governmental responsibility. Has been. Whether it should be or not, it has been. And second, because of a minimum wage rate, which prevents those kids who haven't had decent schooling from getting jobs at low pay at which they can earn the skills on the jobs that would enable them to ride to higher pay. If you look at the sources of poverty, you will find a very --- most of them are derived from what I regard as wrong-headed government policy.

Rather than just citing problems, Friedman also offered solutions to things like education.

MILTON: In my opinion, there is not a single thing you could do in this world that would do more to improve the condition of the black people who are in the lowest income classes, of the black people who have been most affected by discrimination, there is not anything you could do that would be more affected than the voucher scheme. Why? Because as I said to you before, and I challenge anybody to deny it, that there's no respect in which the black and the slum is more deprived than in the quality of schooling he can get. He's much worse off in that respect than he is even in the quality of the housing he can get and in the quality of the automobile he can buy and the quality of the job he can get with given education.

The only effective device that there is for improving his schooling that anybody has suggested is to give the parents more control, to introduce the competition and the drive of private --- of private market, to improve the quality of the schooling that is available to them.

During a Free to Choose discussion, Friedman was confronted regarding the morality of capitalism.

VOICE: Dr. Friedman, is there an economic system now or historically that has allowed free enterprise alone to determine which direction the economy goes? Secondly, in economics, you have resources. And how to best use these resources is a value judgment. But it seems to me you can either have free enterprise decide or a government decide or some combination. And don't you think combination would be the best alternative? And thirdly -- if I can remember it -- isn't there some benefit to having the government steal our money, which is what they do effectively. They hold a gun to our head and say, "Pay us 40 percent of your income and go to jail." They take this money, and they give it mostly to government employees. Well, the government employees spend it. The marginal propensity to consume is pretty high. So the people who were robbed have to do something creative to get the money back. And isn't this creative activity the real wealth --

MILTON: I take it that they would have to be still more creative if 98 percent were being spent by the government.

No, the third part of your thing is just pure fallacy from beginning to end. Because if those people who are now government employees, who are employed in creative activity and productive activity, they would also be spending their money. And we would have a greater total around. All you're doing -- let's suppose for a moment -- take the extreme case that that 40 percent is being used just to have people sit around. The fact that they spend their money doesn't alter the situation. The only product there is, is what the 60 percent produce. And that 60 percent is divided among 100 percent. If those 40 percent are also producing goods, then there are more goods to go around among everybody.

You are just involved in a fallacy of looking at dollars, which is important sometimes. Instead of looking at the real product, the goods and services that people produce and people consume.

Spending isn't good. What's good is producing. What we want to have is more goods and services. And as I say, the obvious indication that that's clear is that if your logic were right, it would apply at -- for 50 percent. 60 percent. 70. 90. 98. 100 percent. And, obviously, you would see that that would be a bunch of nonsense at that stage.

It is desirable to have some money spent by government for those things, those services that we believe we can get more usefully and more effectively through government. If people are getting their money's worth, fine. That's why it's very desirable to have governmental expenditures take place at as local a level as possible. Because you, as a citizen of a small community, can judge whether you're getting your money's worth. You can decide that you want to spend it. But when it comes to the federal government, you tend to think that you're spending somebody else's money. And you are in a way. But he's spending yours.

Friedman always went back to people and production being the answer --- not government control or programs.

MILTON: The real problem is, in my opinion, that as we move from the local community to the state and from the state to the federal government, it becomes increasingly difficult for us to control the mechanism we have established. And that mechanism tends to control us. That was the great wisdom of the Founding Fathers of this country, of the people who wrote the Constitution. That Constitution was designed to limit government's powers, in order to preserve the freedom of the individuals. And what has happened in the past 50 years is that the fundamental character of the Constitution has really been changed. We have broadened enormously the conception of what is a government mental power and what is not and have departed from that limited government until we have created a Frankenstein, an unlimited government that threatens to destroy us.

Listen to the Full Series on Milton Friedman

Part I: Economics 101

Part II: Evils of Collectivism

Part III: Friedman vs. Liberal Detractors

Part IV: Unapologetic and Unafraid

Eric Weinstein, managing director of investment firm Thiel Capital and host of "The Portal" podcast, is not a conservative, but he says conservative and center-right-affiliated media are the only ones who will still allow oppositional voices.

On "The Glenn Beck Podcast" this week, Eric told Glenn that the center-left media, which "controls the official version of events for the country," once welcomed him, but that all changed about eight years ago when they started avoiding any kind of criticism by branding those who disagree with them as "alt-right, far-right, neo-Nazi, etc.," even if they are coming from the left side of the aisle. But their efforts to discredit critical opinions don't stop there. According to Eric, there is a strategy being employed to destroy our national culture and make sure Americans with opposing views do not come together.

"We're trifling with the disillusionment of our national culture. And our national culture is what animates the country. If we lose the culture, the documents will not save us," Eric said. "I have a very strongly strategic perspective, which is that you save things up for an emergency. Well, we're there now."

In the clip below, Eric explains why, after many requests over the last few years, he finally agreed to this podcast.

Don't miss the full interview with Eric Weinstein here.

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Glenn Beck: Why MLK's pledge of NONVIOLENCE is the key to saving America

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Listen to the Rev. Dr. Martin Luther King Jr.'s pledge of nonviolence and really let it sink in: "Remember always that the nonviolent movement seeks justice and reconciliation — not victory."

On the radio program, Glenn Beck shared King's "ten commandments" of nonviolence and the meaning behind the powerful words you may never have noticed before.

"People will say nonviolent resistance is a method of cowards. It is not. It takes more courage to stand there when people are threatening you," Glenn said. "You're not necessarily the one who is going to win. You may lose. But you are standing up with courage for the ideas that you espouse. And the minute you engage in the kind of activity that the other side is engaging in, you discredit the movement. You discredit everything we believe in."

Take MLK's words to heart, America. We must stand with courage, nonviolently, with love for all, and strive for peace and rule of law, not "winning."

Watch the video below for more:

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Conservatives are between a rock and a hard place with Section 230 and Big Tech censorship. We don't want more government regulation, but have we moved beyond the ability of Section 230 reforms to rein in Big Tech's rising power?

Rachel Bovard, Conservative Partnership Institute's senior director of policy, joined the Glenn Beck radio program to give her thoughts and propose a possibly bipartisan alternative: enforcing our existing antitrust laws.

Watch the video below:

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Dan Bongino, host of The Dan Bongino Show, is an investor in Parler — the social media platform that actually believes in free speech. Parler was attacked by Big Tech — namely Amazon, Apple, and Google — earlier this week, but Bongino says the company isn't giving up without a fight. In fact, he says, he's willing to go bankrupt over this one.

Dan joined Glenn Beck on the radio program to detail what he calls a "smear" campaign behind the scenes, and how he believes we can move forward from Big Tech's control.

"You have no idea how bad this was behind the scenes," Dan told Glenn. "I know you're probably thinking ... well, how much worse can the attack on Parler have gotten than three trillion-dollar companies — Amazon, Apple, and Google — all seemingly coordinated to remove your business from the face of the Earth? Well, behind the scenes, it's even worse. I mean, there are smear campaigns, pressure campaigns ... lawyers, bankers, everyone, to get this company ... wiped from the face of the earth. It's incredible."

Dan emphasized that he would not give up without a fight, because what's he's really fighting for is the right to free speech for all Americans, regardless of their political opinions, without fear of being banned, blacklisted, or losing jobs and businesses.

"I will go bankrupt. I will go absolutely destitute before I let this go," he said. "I have had some very scary moments in my life and they put horse blinders on me. I know what matters now. It's not money. It's not houses. It's none of that crap. It's this: the ability to exist in a free country, where you can express your ideas freely."

Watch the video below to hear more from Dan:

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