Milton Friedman and Phil Donahue - 1979

cap⋅i⋅tal⋅ism - noun
an economic system based on private ownership of capital

share - verb
To allow someone to use or enjoy something that one possesses

You have a right to make your own decisions, as long as you don't violate someone else's right to make their own decisions. You have a right to learn what you want to learn, think what you want to think, work in the industry you want or build a business of your choice. There are a lot of laws in place to protect us from harming each other, but in essence we are supposed to be able to live our own lives.

Too many people are afraid to go it alone, to build a business and be self-employed. It's hard, no doubt. It's risky, the burden of success is on your shoulders, you'll work an insane number of hours. You used to be able to keep the fruits of your own labor, but that's changing now.

The overwhelming push to help people during troubled economic times has morphed in to a compulsory effort to "share" everything "equally" in our country. Today the immense time and energy you've spent building a life on your own terms so you have the freedom to make your own decisions for yourself is labeled as "greed".

Don't let the myth of fairness destroy your dreams. Manufactured fairness is not fair and confiscating your reward for your own efforts under threat of imprisonment is not sharing.

The late, brilliant economist Milton Friedman made an appearance on the Phil Donahue show in 1979. In this interview Donahue got an education in common sense and the reality of life, but it didn't seem to penetrate. To succeed in this socialistic environment you need to understand the difference between economic self interest and greed, and to distinguish between compassion and self-righteous pandering.

watch the interview