Here is a nice 2-minute defense of capitalism by Milton Friedman. Who is Milton Friedman, you ask? His awards are many, and he “wrote extensively on public policy, always with a primary emphasis on the preservation and extension of individual freedom.” (source/bio)
This interview was recorded in 1979 as the beta version of Barack Obama was in office (that would be Jimmy Carter for my younger readers).
You can find the first of five portions of the interview here. Another note for the younger crowd, Phil Donahue as a turbo-lib, but he also can be considered the founding father of modern television talk shows. He was the king back then and set the groundwork for daytime talk stars like Oprah and company.
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