
Episode 125 – Free To Choose 1980 – The Power of the Market – Discussion
Free To Choose Media Podcast
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Free Enterprise Myths Are the Central Problem of Freedom in Our Time
You grossly underestimate the extent to which the private market is able to do it. It's not an accident that before you had any of this legislation, air and water were cleaner in the united states than they were a hundred years ago. So the market is a very, much more subtle mechanism than people give it credit for being. Finally, i don't believe that the political process is so simple as having the people elect the government. The fact is that when a jimmy carter is elected president on a relatively liberal platform, he then has to win business confidence because of the control of the investment process by corp power. And i think that fact, corporate power, rationalized by free
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