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The Forum > Article Comments > Milton Friedman, economic competition and poverty > Comments

Milton Friedman, economic competition and poverty : Comments

By Harry Throssell, published 18/12/2006

Milton Friedman argued individuals, groups, companies should be free to compete for whatever wealth they could lay their hands on.

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Mr Ruting,

Jesus Christ also opposed Friedman's theories. Now he too obviously predated Friedman. But I don't suppose you've read any of his (transcribed) works either.

What's the deal? Watcha got? Want to let us in on it?
Posted by KAEP, Friday, 22 December 2006 1:01:58 AM
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Kaep,

What planet are you on....

CEO theme songs.....

I day with your mind would be an interesting experience.

HHmmm, i hope you dont own any guns or work with kids!

Merry Christmas!

Realist
Posted by Realist, Friday, 22 December 2006 12:41:40 PM
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Realist/Edward,
The spelling mistakes are genuine mistakes as I had to leave school at 14 as my parents were unable to keep me there, due to financial constraints [poverty] if you like. I worked hard all my life, for mainly small pay packets, which I was satisfied to receive. I saved my money, built a modest home which I now own outright. I worked 3 jobs for 7 years to pay it off, I drive a 1991 Commodore and don't wish for anything, I am debt free.

However I always remember where I came from, and the struggle to get where I now am. I was lucky, this current generation of job seekers will not be as fortunate as I was, you actually need a certificate to be a cleaner these days. I know of families ling in tents up here in Townsville, and I am hosting a single mother and her child because even though she works for Woolworths, she does not receive enough money to pay rent here. This is opposed to Telstra C.E.O. pay of $8.71 million for the year or $10 million if he achieves performance indicators, which the workers perform for him anyway.

I merely highlight capitaliism does indeed reply on a poverty stricken class of people for the rich to remain so. I am not against capitalism, all I advocate is it should/must be fairer for those of us on the bottom.
Posted by SHONGA, Friday, 22 December 2006 3:17:08 PM
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