@justbob I’m very familiar with Milton Friedman. His prescriptions such as tax cuts at the top, deregulation, weakened unions, and shareholder primacy were implemented across the US, UK and much of the OECD from the late 1970s onward.

Since then productivity has risen, wages have stagnated, housing healthcare and education costs have gone through the roof, and wealth and political power have been concentrated at the top, particularly as there are no limits on campaign finance in America.

If Friedman’s model “works,” judge it by outcomes, not reverence, why don't you.

Which specific prediction of his has delivered broad, sustained prosperity for workers?

I'll wait.

@justbob wow you took a dark hateful turn. Lol

@justbob Regardless of you & your son's your reported success, younger people on average are doing measurably worse than 40 years ago.

In constant dollars, real wages for non-supervisory employees have barely changed even though worker productivity has grown steadily.


Home ownership rates are down, denying younger people access to the best way to build a nest egg.

Median age of first time home buyers has been rising.

The numbers don't lie, @justbob.

@JimboSaturn Unregulated capitalism is dangerous.

@JSul3 where is this unregulated capitalism? All i can see is hyper regulated "capitalism" (at which point, is it capitalism?)

@gol979

Profit Over People: The primary driver becomes maximizing profit, even at the expense of public welfare, safety, or environmental health.

Market Failures: Lack of regulation leads to monopolies, extreme inequality, and systemic risks.

Crony Capitalism: When businesses gain favor through political connections rather than market merit, a form of regulatory capture.

@wrule It has not "trickled"

It has poured

@justbob Nope. Clearly not.