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Capitalism is Unanimity

28 Aug

friedmanThe political principle that underlies the market mechanism is unanimity. In an ideal free market resting on private property, no individual can coerce any other, all cooperation is voluntary, all parties to such cooperation benefit or they need not participate.

— Milton Friedman, The Social Responsibility of Business is to Increase its Profits, The New York Times Magazine

But Now You Know

The Tyranny of the Majority, vs the Unanimity of Liberty

 
3 Comments

Posted by on August 28, 2009 in Politics

 

Tags: , , , , , , , , , , , ,

3 responses to “Capitalism is Unanimity

  1. Tnelson

    September 30, 2009 at 23:52

    There is obviously a lot to know about this. There are some good points here.

     
  2. Bill Bartmann

    October 9, 2009 at 17:22

    There’s good info here. I did a search on the topic and found most people will agree with your blog. Keep up the good work mate!

     
  3. snake

    February 10, 2011 at 02:24

    I’m impressed, I need to say. Really not often do I encounter a weblog that’s both educative and entertaining, and let me tell you, you may have hit the nail on the head. Your idea is excellent; the problem is something that not enough individuals are talking intelligently about. I am very glad that I stumbled throughout this in my seek for something relating to this.

     

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