Select Page

Don't Tread On My Site

Milton Friedman’s Free to Choose Proved Capitalism Is Superior to Socialism

Load WordPress Sites in as fast as 37ms!
8090015_thumbnail

Milton Friedman’s documentary series Free To Choose first aired on PBS 40 years ago. It was an unapologetic defense of why capitalism was both morally and pragmatically superior to socialism. Over the course of 10 hour-long episodes, the Nobel laureate economist laid out the pitfalls of protectionism, espoused the virtues of school choice, and explained why spending, not taxes, is the real measure of the burden that governments put on their citizens. In each episode, Friedman engaged leading liberal and progressive thinkers such as The Other America author Michael Harrington, teachers union leader Albert Shanker, and sociologist Francis Fox Piven in spirited debate.

Free To Choose has been translated into two dozen languages and a companion book, co-authored by Milton and his wife Rose, became a New York Times bestseller and a Book of the Month Club main selection. The original 1980 series and an updated 1990 version, both of which can be viewed here for free, enjoy continued popularity online.

The visionary producer behind Free To Choose was Bob Chitester, a hardcore free marketeer who ran the PBS affiliate in Erie, Pennsylvania, and wanted to bring libertarian ideas to mainstream audiences. Before the show, says Chitester, programs about free markets “were really muckraking attacks on what was perceived to be abusive and unsympathetic…capitalism, where profit was all that mattered.” Free To Choose talked about capitalism in upbeat, positive terms, stressing how it helped individuals rather than exploited them and how it brought about cooperation in a way that benefitted the poor most of all.

Did Friedman make any mistakes in Free To Choose? Before his death in 2006, Friedman came to question his famous axiom that economic freedom in autocracies such as China would inexorably give rise to political and cultural freedoms, Chitester says. “In a discussion close to near the end of his life, he said, ‘Bob, I made a mistake. I was wrong. You [also] have to have rule of law. You have to have law that applies equally to everyone,'” recalls Chitester. “And clearly that’s what you see not happening in China.”

Ailing from a long bout with cancer, Chitester is contemplating his own mortality and how American society has changed since Free To Choose first aired 40 years ago. He’s proud that the program remains popular online but, like Friedman, feels its analysis is incomplete. “Power is really something we have to factor into our thinking….The desire of humans to tell other humans what to do—when you couple that with equality, boy, you’ve got a recipe for constant problems in defending a classical liberal society.”

Narrated by Nick Gillespie. Edited by John Osterhoudt. Additional Graphics by Meredith Bragg. Feature Image by Lex Villena.

Photos: Free to Choose Network; M. Chan/SCMP/Newscom; Jon Hargest/SCMP/Newscom; Everett Collection/Newscom; UPPA/ZUMA Press/Newscom; Mark Richards/ZUMAPRESS/Newscom; Post Staff Photographer/SCMP/Newscom; Post Staff Photographer/SCMP/Newscom; Jeff Malet Photography/Newscom; Gage Skidmore/Creative Commons Flickr; Gage Skidmore/Creative Commons Flickr; Jon Hargest/SCMP/Newscom


This post has been republished with permission from a publicly-available RSS feed found on Reason. The views expressed by the original author(s) do not necessarily reflect the opinions or views of The Libertarian Hub, its owners or administrators. Any images included in the original article belong to and are the sole responsibility of the original author/website. The Libertarian Hub makes no claims of ownership of any imported photos/images and shall not be held liable for any unintended copyright infringement. Submit a DCMA takedown request.

-> Click Here to Read the Original Article <-

Advertise on Libertarian Hub

About The Author

Nick Gillespie

Founded in 1968, Reason is the magazine of free minds and free markets. We produce hard-hitting independent journalism on civil liberties, politics, technology, culture, policy, and commerce. Reason exists outside of the left/right echo chamber. Our goal is to deliver fresh, unbiased information and insights to our readers, viewers, and listeners every day. Visit https://reason.com

Leave a reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.