Economics Dictionary of ArgumentsHome
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| Racism: Racism is the belief that one race is superior to another, and that this superiority justifies discrimination or prejudice. It is a social and political attitude that has caused immense harm throughout history. See also Discrimination, Prejudice, Society, Community, Politics, National Socialism, Fascism._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Milton Friedman on Racism - Dictionary of Arguments
Landsburg I 55 Racism/solution/Friedman: (…) Friedman makes the point that capitalism is particularly hostile territory for racial, religious and political discrimination precisely because it disperses economic activity so widely that you usually know absolutely nothing about the race, religion, or politics of the people you’re trading with. When you buy a car in a capitalist country, you have no idea whether the wheels were attached by a Republican, a communist, a pagan, a Hindu, a lesbian, a polyamorist, or a person with skin that’s lighter or darker than yours. That makes it essentially impossible for customers to discriminate against any of those groups. >Freedom/Friedman. FriedmanVsSocialism: By contrast, if the car companies were all controlled by the government, it would be much easier for a group of bigoted customers to lobby for discriminatory hiring practices._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
Econ Fried I Milton Friedman The role of monetary policy 1968 Landsburg I Steven E. Landsburg The Essential Milton Friedman Vancouver: Fraser Institute 2019 |
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