Before Milton Friedman was earning plaudits as an economic genius, he was a shill for the real estate industry and an early pioneer for big business propaganda known as libertarianism.
Mark Ames, an independant investigative journalist, explans how libertarianism was started by the mega rich to counter the New Deal. And they didn't like the regulations and taxes put on them either they tried to sell libertarianism to the public as 'freedom' - from government interference.
The video covers the same ground but mark Ames also explains how in the 60's the rich elite - mainly the Koch brothers and their business friends - wondered how they could sell libertarianism to young people. As young people hated the Vietnam war and were experimenting with drugs they decided that the legalization of drugs and with no forced draft would appeal to them, so they added this to their small government, libertarian propaganda.
The True Face of Libertarianism Exposed [Video]
The True History of Libertarianism in America:
Every couple of years, mainstream media hacks pretend to have just discovered libertarianism as some sort of radical, new and dynamic force in American politics. It’s a rehash that goes back decades, and hacks love it because it’s easy to write, and because it’s such a non-threatening “radical” politics (unlike radical left politics, which threatens the rich). The latest version involves a summer-long pundit debate in the pages of the New York Times, Reason magazine and elsewhere over so-called “libertarian populism.” It doesn’t really matter whose arguments prevail, so long as no one questions where libertarianism came from or why we’re defining libertarianism as anything but a big business public relations campaign, the winner in this debate is Libertarianism.
Pull up libertarianism’s floorboards, look beneath the surface into the big business PR campaign’s early years, and there you’ll start to get a sense of its purpose, its funders, and the PR hucksters who brought the peculiar political strain of American libertarianism into being — beginning with the libertarian movement’s founding father, Milton Friedman. Back in 1950, the House of Representatives held hearings on illegal lobbying activities and exposed both Friedman and the earliest libertarian think-tank outfit as a front for business lobbyists. Those hearings have been largely forgotten, in part because we’re too busy arguing over the finer points of “libertarian populism
It starts just after the end of World War Two, when America’s industrial and financial giants, fattened up from war profits, established a new lobbying front group called the Foundation for Economic Education (FEE) that focused on promoting a new pro-business ideology—which it called “libertarianism”— to supplement other business lobbying groups which focused on specific policies and legislation.