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..."Plato argues that private property and market freedoms lead to greed and bad choices" and then goes on to say that "Friedman argues that the state has no place in making value judgments and that freedom is the only appropriate goal for the state to foster. " Indeed, Plato and Friedman are opposed in respect to their ideas about free trade and government intervention. Friedman's ideas seem to be most closely associated with contemporary American thought. The people would not accept a socialist policy today as that is construed as anti-American. First, it is important to emphasize that Friedman's ideas are what the nation has embraced for quite awhile
The final chapters of Friedman's (1962) work entitled Capitalism and Freedom spout theories on the distribution of income, social welfare, and alleviation of poverty. Friedman (1962) largely suggests everyone should fend for themselves, and defends capitalism in its full definition. He becomes philosophical, giving an example to back up the theory. One illustration is that if one were to find a twenty dollar bill, in the...