2min chapter

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Extinction Rebellion with Gail Bradbrook

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CHAPTER

What's the Purpose of an Economic System?

Milton freedman: What the purpose of an economic system is. If the purpose was to make sure that no power gets concentrated, and therefore no harm gets done, then we can check whether that purpose has been met. And when eight people have got the wealth of 50 % of the world, no, wee failed. When the system's about to collapse and in its killing life on earth, like, massive hash fail, isn't it with near liberalism? So, i mean, they sayg like economists have got physics envy sometimes, you know, they're time to come up with the way of modelling a really complex system.

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