Saturday, November 1, 2008

You said it!

There's a reason I like to read Friedman, even though I do not agree with everything he has to say; he "keeps it simple".

I have argued against this over-correction of "evil" capitalism in one of my previous posts where I mentioned Google too. In his latest article Friedman gives example of Larry and Sergey asking for loan from a "nationalized" bank. So apt, given the current scenario.

Coming from a country where socialism ruled for more than 5 decades and still continues to be dominant philosophy, I think I am qualified to judge it's consequences. Nothing explains it better than Churchill's quote

Just simply put - "We need to fix capitalism, not install socialism." As Mr. Friedman has rightly said

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