theworldismine13
God Emperor of SOHH
Milton Friedman - A Conversation On School Choice
Milton Friedman - A Conversation On School Choice
- Thread starter theworldismine13
- Start date
Domingo Halliburton
Handmade in USA
i didnt watch the video but it was some variation of
..."the only social responsibility of businesses is to make money"....
..."the only social responsibility of businesses is to make money"....
Milton speaking the truth. 
Friedman's arguments boil down to abstract philosophizing. One of the dudes arguing with Friedman used logic and fact based argument. Friedman was clearly losing, but I guess OP and Dead7 would have you believe otherwise.
And for what it's worth, the negative predictions made by the dude arguing against private enterprise in secondary education and lower have come true in Sweden. Whereas public schooling historically served as an equalizer of opportunity, social and economic segregation have greatly increased in Swedish schools since the rapid growth of for-profit corporations began in secondary education in 1992 after an education reform that introduced a voucher system. Furthermore, according to the latest PISA report, Sweden has the fastest decline in pupils' scholastic performance among OECD countries.
News media have reported in the last couple of years that many of the corporations are owned by big international venture capitalists. They are simply in it to make a quick exit after a couple of years, much to the detriment of the quality of education. Also, it was reported this year that, in spite of the voucher system, these corporations have taken huge loans and are laden with huge interest costs.
The cynic in me says that was the point all along, just another grab of public funds by the banksters. The squids have far reaching tentacles
For instance, this year John Bauer corporation filed for bankruptcy. When they failed they were running 36 schools with 11 000 students. During their decade of operation they turned out a crappy "product" (it was part of their business model to give students a laptop instead of textbooks, and a lot of free time for students to study on their own), but made handsome profits and payed big interest rates to financiers. In the end, those 11 000 students got screwed for a year of education.
So it's the good old story of Privatized Profits and Public Losses.
Be that as it may, the lesson from all of this is that if you're gonna go forth with something like this, the industry needs to be tightly regulated or consumers (students) will suffer for it. Corporations have concern for nothing but the bottom line. The point being, education is a common good that cannot easily be commoditized, and to do it properly in the hope to gain a net societal benefit is simply a prohibitively difficult thing to accomplish. Surely your efforts (and funds) are better spent elsewhere?
And for what it's worth, the negative predictions made by the dude arguing against private enterprise in secondary education and lower have come true in Sweden. Whereas public schooling historically served as an equalizer of opportunity, social and economic segregation have greatly increased in Swedish schools since the rapid growth of for-profit corporations began in secondary education in 1992 after an education reform that introduced a voucher system. Furthermore, according to the latest PISA report, Sweden has the fastest decline in pupils' scholastic performance among OECD countries.
News media have reported in the last couple of years that many of the corporations are owned by big international venture capitalists. They are simply in it to make a quick exit after a couple of years, much to the detriment of the quality of education. Also, it was reported this year that, in spite of the voucher system, these corporations have taken huge loans and are laden with huge interest costs.
The cynic in me says that was the point all along, just another grab of public funds by the banksters. The squids have far reaching tentacles
For instance, this year John Bauer corporation filed for bankruptcy. When they failed they were running 36 schools with 11 000 students. During their decade of operation they turned out a crappy "product" (it was part of their business model to give students a laptop instead of textbooks, and a lot of free time for students to study on their own), but made handsome profits and payed big interest rates to financiers. In the end, those 11 000 students got screwed for a year of education.
So it's the good old story of Privatized Profits and Public Losses.
Be that as it may, the lesson from all of this is that if you're gonna go forth with something like this, the industry needs to be tightly regulated or consumers (students) will suffer for it. Corporations have concern for nothing but the bottom line. The point being, education is a common good that cannot easily be commoditized, and to do it properly in the hope to gain a net societal benefit is simply a prohibitively difficult thing to accomplish. Surely your efforts (and funds) are better spent elsewhere?
Mr. Somebody
Friend Of A Friend
Capitalists only care about money, not the side effects of their philosophies, friends. 
theworldismine13
God Emperor of SOHH
Wow, posters just straight up lying about Sweden
http://www.forbes.com/sites/modeledbehavior/2012/12/03/lessons-on-school-choice-from-sweden/
http://www.forbes.com/sites/modeledbehavior/2012/12/03/lessons-on-school-choice-from-sweden/
Fixed*Capitalists only care about cost, friends.
Mr. Somebody
Friend Of A Friend
Profits actually.
Sure, but these losses dont continue when privatized. When its public the poor product continues unchecked indefinitely at the cost of tax payers. For example, our current school system, the drug war, the war on poverty, etc.
In a private market, a failed product, is quickly done away with.
No its actually cost, you're thinking of the crony capitalism we have today.
Mr. Somebody
Friend Of A Friend
Yea, reality. Not words in books. How men apply ideology and its ultimate demonic corruption.No its actually cost, you're thinking of the crony capitalism we have today.
The lust for power and wealth is a human characteristic, ideology is irrelevant. Although if you want to make the argument that its exclusive to capitalism, I'll be glad to listen
Moreover, if you'd like to compare our corrupt form of capitalism to, corrupt socialism, communism, or fascism. I'd be glad too.
Mr. Somebody
Friend Of A Friend
Men can and will corrupt any ideal. Even the teachings of Jesus.The lust for power and wealth is a human characteristic, ideology is irrelevant. Although if you want to make the argument that its exclusive to capitalism, I'll be glad to listen
Moreover, if you'd like to compare our corrupt form of capitalism to, corrupt socialism, communism, or fascism. I'd be glad too.
The lust for power and wealth is a human characteristic, ideology is irrelevant. Although if you want to make the argument that its exclusive to capitalism, I'll be glad to listen
Moreover, if you'd like to compare our corrupt form of capitalism to, corrupt socialism, communism, or fascism. I'd be glad too.
In your world of economic nihilism, how does the average everyday person maintain the consumptive power to buy the things that all of your friends of the human condition of "power and wealth" want to sell and foist onto the public? You hate the idea of taxes, welfare, and a livable wage for many in the work force---- basically anything that would inconvenient our 1% purveyors of our "human characteristics"; so how does the circularity, which is vital to the growth of economy, develop exactly?...Does the ron paul fairy visit every slum and bestow non-govt. supported opportunities for all (non brown of course)?
Engendering more power and wealth to the top was supposed to benefit ALL. That was the marketing angle of reaganomics, and those promised trickles have defied gravity and traveled vertically unabated. Besides, aint the idea of anything benefitting society as a whole now considered socialist, communist, maoist, or whatever in today's parallel alt reality of the right?
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