Milton Friedman Defending Capitalism

I highly recommend the video below of Phil Donahue interviewing Milton Friedman on Greed and Capitalism in 1979.

Friedman gives a brilliant defense of Capitalism. One of Friedman's main points is that Capitalism is the only system in human history that has allowed man to escape from grinding poverty. Phil tries to counter with the issue of virtue but Friedman is brilliant on that point also.

Go to link below:
www.topix.com/who/phil-donahue/2009/03/video-milton-friedman-educates-phil-donahue-on-capitalism-circa-1979 - 46k


Or go to Milton Friedman-Greed.wmv(5188kb)