Showing posts with label Capitalism and Freedom. Show all posts
Showing posts with label Capitalism and Freedom. Show all posts

Friday, August 23, 2013

Daniel Little — Friedman on racial discrimination


Daniel Little buries Milton Friedman's argument in Capitalism and Freedom on the free market as the antidote to racism.

Understanding Society
Friedman on racial discrimination
Daniel Little | Chancellor, University of Michigan at Dearborn

What's wrong with Friedman's argument is that it doesn't fit the evidence. 

Why it is wrong is more significant. It is wrong because the choice of methodological individualism rests on an implicit assumption of ontological individualism, which is an erroneous assumption as shown by life and social science. It is also rejected by long-standing tradition. Aristotle defined human being as social in PolĂ­tics, 1253 a 2.