French Fried Friedman

[MiniMe]

Re: French Fried Friedman

@nicols_john

What made this all possible was not capitalist competitive drive (there was no corporate “entrepreneur” in sight), but the state’s investment in universal education and the village’s commitment to development of opportunity, not of a lucky few, but for the entire community. The village was 100% literate, 100% unionized, and 100% committed to sharing resources through a sophisticated credit union finance operation.

This was the communal welfare state at it’s best. Microsoft did not build the schools for programmers—the corporation only harvested what the socialist communities sowed.

The economist Amartya Sen won the Nobel Prize in 1998 for predicting that Southern India, with it’s strong communalist social welfare state, would lead the economic advance of South Asia – and do so without the Thatcherite sleight-of-hand of pretending that riches for the few equates to progress for the many.

Forget Friedman, I wish we follow some local wisdome here.