Friedman stated that the only cases in recorded history in which the masses have escaped from gruelling poverty “are where they have had capitalism and largely free trade.”
It is a truism often stated by economists and politicians and widely accepted as true by the public. The question is: did the masses escape from gruelling poverty because of capitalism or in spite of it?
Continue reading Capitalism creates widespread prosperity – or does it?
The Social Responsibility of Business is to Increase its Profits
The New York Times Magazine
September 13, 1970
When I hear businessmen speak eloquently about the “social responsibilities of business in a free-enterprise system,” I am reminded of the wonderful line about the Frenchman who
discovered at the age of 70 that he had been speaking prose all his life. The businessmen believe that they are defending free enterprise when they declaim that business is not concerned “merely” with profit but also with promoting desirable “social” ends; that business has a “social conscience” and takes seriously its responsibilities for providing employment, eliminating discrimination, avoiding pollution and whatever else may be the catchwords of the contemporary crop of reformers. In fact they are–or would be if they or anyone else took them seriously–preaching pure and unadulterated socialism. Businessmen who talk this way
are unwitting puppets of the intellectual forces that have been undermining the basis of a free society these past decades.
Continue reading Milton Friedman: The Social Responsibility of Business is to Increase its Profits
The Giver: A community builder in Abbotsford’s homeless community
A WAY HOME: Harvey Clause wants to build a life helping those around him
“My mind’s a bit like the clouds out there right now,” Harvey Clause says, gesturing toward the fog hanging low over Gladys Avenue, when asked how he’s doing. “It might clear up this afternoon,” he adds with a characteristically anxious laugh.
Continue reading Homelessness: Harvey
My proportional representation voting package arrived the other day.
I will be voting NO as should everyone, including those who support proportional representation, because the process is so flawed that NO is the only option where there is any certainty as to the electoral process we are voting for.
Continue reading Abbotsford News re: Proportional Representation
Frank Wirrell: Govt needs moral compass
Letter to the Editor Abbotsford News
“The saving of our world from pending doom will come, not through the complacent adjustment of the conforming majority, but through the creative maladjustment of a nonconforming minority.”
Martin Luther King jr
For a creatively maladjusted polymath it quickly becomes clear that when people speak of government having a moral compass and integrity they are not actually advocating for a government with ethical standards to which the government adheres, but for a government that take actions they agree with and does not take actions with which they disagree.
Continue reading Re: Government Needs Moral Compass – Letter to the Editor