Milton Friedman didn’t just shape modern capitalism. He gave corporations a moral license to gut the public and call it freedom. Watch the clip where he explains it all in his own words.
Milton Friedman’s gospel of greed broke America. His ideology wasn’t just wrong. It was engineered to gut the public, empower oligarchs, and fossilize inequality. 🧵
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Friedman taught that the only job of business is to maximize profits. That single line gave corporate America moral cover to offload jobs, dodge taxes, and gut wages. Then blame the government for the wreckage.
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Capital was given absolute freedom. Factories moved to Shenzhen. Profits to Luxembourg. But people? Stuck. No passports for the working class. No Cayman accounts for schoolteachers.
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Public institutions were starved. Why fund schools or hospitals when "the market" can fix everything? Today, the Pentagon gets $850 billion a year. Public schools get mold, broken heaters, and GoFundMe.
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The result wasn't creative destruction. It was extractive decay. Entire cities gutted. Unions smashed. Small towns turned into fentanyl zones. This was called "efficiency."
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And the gains? They didn’t trickle down. They shot straight up. To shareholders, monopolists, and the same 400 families that bankroll both parties and rig both outcomes.
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Friedmanism didn’t just allow inequality. It turned inequality into a moral virtue. If you weren’t rich, you were inefficient. That was the logic.
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What it created was a caste system. Not in India. In the United States. And ours is worse. At least India’s Brahmins are visible. Our oligarchs hide behind LLCs and think tanks.
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India’s elite is large and hierarchical. America's is small, insulated, and untouchable. They control everything. Courts. Campaigns. Narratives. Markets.
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The rich don’t rise by merit. They inherit board seats, shell companies, and real estate trusts. The poor don’t fail by accident. They were displaced and locked out on purpose.
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This isn’t capitalism. It’s cartel management. Voters are window dressing. Markets are tools for extraction. Nothing productive gets built.
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Friedman promised freedom. What we got was corporate feudalism. You rent your life from billionaires who don't know your name and don't need your vote.
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Don’t call it a policy failure. It was a success. Just not for you. This economy works exactly as designed. To entrench power. To hoard wealth. To erase accountability.
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The verdict is in. Milton Friedman didn’t save the free world. He sold it off.
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