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The ugly truth about Milton Friedman Paperback – January 1, 1980
| Lyndon H LaRouche (Author) Find all the books, read about the author, and more. See search results for this author |
- Print length347 pages
- LanguageEnglish
- PublisherNew Benjamin Franklin House
- Publication dateJanuary 1, 1980
- ISBN-100933488092
- ISBN-13978-0933488090
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Product details
- Publisher : New Benjamin Franklin House; 1st edition (January 1, 1980)
- Language : English
- Paperback : 347 pages
- ISBN-10 : 0933488092
- ISBN-13 : 978-0933488090
- Item Weight : 8 ounces
- Best Sellers Rank: #4,257,983 in Books (See Top 100 in Books)
- Customer Reviews:
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The British East India Co.'s theorizing about "free-trade" and a "free-market" through it's servants, Adam Smith, Jeremy Bentham, Parson Thomas Malthus, David Ricardo, James Mill and John Stuart Mill, is documented here with great quotes, like Milton Friedman in "Capitalism and Freedom" where he dryly explains that all of his free-market ideology is properly termed "economic liberalism", which properly exposes modern Neo-McCarthyites calling themselves "conservatives" and railing against "liberals" and "socialists". In this book you'll see how any ideological extreme which attempts to box out "big government" in favor of unbridled private adventure is the same trick towards empowering "proletariats" or any other tool of anti-technology, anti-capitalist, anti-human development oligarchies.
Contrary to what angry ideologues and disinformation shills claim about Lyndon LaRouche, you don't have to be in his "cult" to learn from him. In fact his movement will grow exponentially faster, the more independent-minded folks like myself see for themselves and just try reading something he wrote. Give him a try, and you'll see that the tradition of the American System of economics of Washington, Hamilton, Abe Lincoln and Mathew and Henry C. Carey is what the foolish monetarists are afraid to acknowledge (more important than LaRouche himself): the only historically proven way to feed, cloth and advance an entire population of humans by realizing that the intelligence of the human mind is the first and highest form of wealth to maintain and develop.
However, this doesn't mean that I would be joyfully reading a book that is not very intelligent, at best, and makes it's goal to smear Friedman's reputation, strangely, by disapproving his best ideas, and giving him a pass on his worst.
You would be told, for instance, that the WWII has "pulled US out of recession", how about that? That drugs should remain illegal, that the government has a right to dictate what you and I can and can not consume, and that we should be all paying our taxes to fund NASA. So, there it is. Is this what you are looking for?
The main fault of Friedman is that he believed that the government should manage the money. For "Austrians", - this is the last thing you should want. Separating the government and money is the highest economic freedom of all. But, for Friedman, the preservation of the ability of the government to fleece it's citizens insidiously through never ending inflation, was very important goal.
This book doesn't concentrate on Friedman's main defect. Instead, it concentrates on calling him a fascist for his support of lesser freedoms, for his demand of austerity measures, for his beliefs that government schools are designed to brainwash, not educate, for his desire to leave welfare to charity, and so on.
I realize that this is an old book and we definitely need a new edition to reflect the role that globalization and other more recent trends have played in perpetrating the scam of free trade. Unfortunately, since this book was written this Friedmanite ideology has gone onto become a virtual orthodoxy in the Republican Party of the USA and the Tory Party of the United Kingdom. It has even influenced many in the Democratic Party (the party of Franklin Roosevelt's New Deal) and is evident in the opposition to universal healthcare from the so-called "Blue Dog Democrats" who appear to be Democrats in name only and closet Republicans on economic matters. I wish the LaRouche people would bring out a new book about the kind of phony-conservatism the Tea Party crowd and the Palinesque crowd represent.
Finally, those of us who are more socially conservative do not need Friedmanite "freedom of choice" in our beloved country. Liberty under law does not include the "right" to do things like use illegal drugs, hire a child prostitute or enslave a race of people like the Old South did. Under Pinochet in Chile, child prostitution was rampant according to these authors because of the cuts in social services and breaking of the unions of the workers. This is not conservatism: it is slavery. The same nice people would love to abolish the minimum wage, consumer protections laws and lower our standard of living to that of Red China. Such persons are traitors and not patriots in any sense. We need to return to the nationalist economics of the American System of George Washington, Alexander Hamilton, Henry Clay, Abraham Lincoln, William McKinley and Lyndon LaRouche Jr. A protectionist position coupled with industrial growth will pull us out of this horrid mess that the Friedmanites have gotten us into. The internet economy, globalization, free trade, rampant computerization and other such nonsense will only make us poor. If you want to read a true conservative, read Washington or Lincoln or even LaRouche, but do not bother to read that paragon of so-called "classical liberalism," Milton Friedman.

