Posted 7 months ago on Dec. 9, 2020, 6:03 p.m. EST by agkaiser
from Fredericksburg, TX
This content is user submitted and not an official statement
Milton Friedman taught us that every transaction facilitates the monetary flow and contributes to the GDP. So we realize the "Freedom and Capitalism."
Compound interest and investment profits are the most efficient way to enrich the good people who lead us from their perches atop the food chain. The Marxist belief that concentration of wealth assured by the Capitalist Economy will be ultimately destructive to our community, which has always provided the material goods and services we need to live, is disloyal to our wealthy benefactors. Friedman assures us even purely abstract activities like high speed trading that make money without any connection or contribution to material production does not damage us, as leftists claim. The Friedman Effect on charges and fees of finance and banking is all good. They are positive contributions to GDP and we're not to be concerned over additional costs.
Isn't it wonderful that American internet and cell phone services have enriched so many new entrepreneurs? Naysayers falsely claim that, because services in Europe, Asia and Africa cost as little as 10% of what we pay, our free market system is not the best. Just tell them America! Love it or leave it! Communications industries' practices don't create unnecessary overhead, as libtards would have us believe. The same goes for mass transportation and energy costs.
For profit medicine and pharma theoretically benefit from competition. The corporations that hire practitioners have very similar prices. Independent practices that still exist are elite doctors who charge even more. Like big pharma with patent monopolies, the best physicians can charge what they please. Rx prices are driven by patent abuse, research cost lies [we the people fund a lot of the research] and advertisement cost/price inflation... But again, Friedman says this is all good.
Where the tax money goes? Tax cuts for the rich, reduced wages and quality of life cuts for the rest are the result of conservative government policies. Food Stamp and AFDC subsidies end up in the pockets of Walmart, Kroger's, Safeway, HEB, landlords and medical/pharma corporations. What's good for the rich is good for America.
So it's obvious that Capitalism is the best of all possible worlds!
See the link I call, Plundered: https://www.agkaiser.org/ICH-American-Capitalism-Is-Based-on-Plunder-8-19-19.pdf
Video link https://youtu.be/qoIBNbi9BN0