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Milton Friedman on Capitalism and socialism

[A] society which is socialist cannot also be democratic, in the sense of guaranteeing individual freedom.
Capitalism, Socialism, and Democracy: A Symposium
Column, 1978, Commentary
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  1. As liberals, we take freedom of the individual, or perhaps the family, as our ultimate goal in judging social arrangements. Freedom as a value in this sense has to do with the interrelations among people
    Capitalism and Freedom
    Book, 1962, Ch. 1 The Relation Between Economic Freedom and Political Freedom, p. 12
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  2. There are no “social” values, no “social” responsibilities in any sense other than the shared values and responsibilities of individuals. Society is a collection of individuals and of the various groups they voluntarily form.
    A Friedman Doctrine—The Social Responsibility of Business Is to Increase Its Profits
    Column, 1970, The New York Times Magazine, September 13, 1970, Section SM, p. 17
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  3. The great enemy of human freedom is the Government. By taking money out of our pockets and spending it, it destroys our freedom.
    The National Times
    Column, 1977, The National Times
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