Pro Free Enterprise is not the same as Pro Business

Being ‘pro business’ is not the same as ‘pro free enterprise’. 

When the government is giving big favors away it means whoever gets their favors makes a lot of money.  Businesses are highly motivated to seek those favors. That is not being pro free enterprise.

In this video, the Nobel laureate Milton Friedman explains the why “pro free enterprise” is not the same as “pro business.”


Here’s a few ideas to ponder:

He prefers a dispersal of power to a concentration of power. That would increase choices and quality for consumers while lowering prices.

Do businesses compete with one another for your sales or do they compete for government favors? 

Pro business versus pro free enterprise

One is crony capitalism and the other is capitalism.

Hat tip: Carpe Diem.

Leave a comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: