Thursday, April 28, 2011

Virtue

Phil Donahue: But [capitalism] seems to reward not virtue as much as ability to manipulate the system.
Milton Friedman: And what does reward virtue? You think the Communist commissar rewarded virtue? You think a Hitler rewarded virtue? You think - excuse me, if you’ll pardon me - do you think American presidents reward virtue? Do they choose their appointees on the basis of the virtue of the people appointed or on the basis of their political clout? Is it really true that political self-interest is nobler somehow than economic self-interest? You know, I think you’re taking a lot of things for granted. Just tell me where in the world you find these angels who are going to organize society for us.


Phil Donahue: But [capitalism] seems to reward not virtue as much as ability to manipulate the system.

Milton Friedman: And what does reward virtue? You think the Communist commissar rewarded virtue? You think a Hitler rewarded virtue? You think - excuse me, if you’ll pardon me - do you think American presidents reward virtue? Do they choose their appointees on the basis of the virtue of the people appointed or on the basis of their political clout? Is it really true that political self-interest is nobler somehow than economic self-interest? You know, I think you’re taking a lot of things for granted. Just tell me where in the world you find these angels who are going to organize society for us.

From Libertarians.

1 comment:

wamk said...

Uncle Milty = Stud.

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