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Thomas Sowell - From Marxism to Capitalism

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Dr. Sowell explains how working for the Dept of Labor taught him something Milton Friedman could not. http://www.LibertyPen.com.

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basic economics charts graphs books options tradeoffs constraints scarcity economist Marxist Brooklyn Dodgers Harvard education subjects economics capitalism Milton Friedman Harlem class warfare government Department of Labor minimum wage Puerto Rico Chicago statistics low income incentives Thomas sowell against taken away beginning at coming out of starting with aboriginal autochthonous belonging endemic from homegrown homemade indigenous inland internal local municipal national original primary primeval primitive regional related vernacular about concerning like regarding after afterward ago already because considering for hence later now past subsequently therefore whereas defective diminished lacking less negative subtracted without native since minus From socialism Leninism Bolshevism collectivism democracy communism Maoism Fabianism Marxism rule of the proletariat state ownership totalitarianism collective ownership state ownerhsip marxism competition democracy commercialism mercantilism industrialism free market communism capitalism free competition free economy free-enterprise economy free-enterprise system liberalism open market private enterprise self-regulating market balance of trade managed prices multilateral trade noninvolvement reciprocal trade capitalistic system free enterprise private ownership private sector economic sector free trade Capitalism key main vital chief basal minor extra outside austere bald basic blunt chaste cold essential hard literal meager mere modest scant severe sheer simple spare stark unembellished unornamented base basement foundational ground last lowermost lowest meat-and-potatoes nethermost primary radical rock-bottom underlying undermost cardinal central controlling dominant first foremost fundamental important leading major number one outstanding overruling paramount predominant preeminent prime principal prominent constitutive greatest highest indispensable overriding pivotal ruling axial center centric centroidal equidistant focal inmost inner interior intermediate master mean median mid middle middlemost midmost midway nuclear omphalic salient significant umbilical composing elemental inherent integral intrinsic part and parcel of part of bare bottom capital component Basic BASIC business finance dealing dealings economics exchange industry marketing merchandising merchantry retailing trade traffic truck wholesaling accounts banking commerce financial affairs investment money money management Economics graph sketch table plot scheme plat cast shape draft disorder neglect archive brief bulletin calendar cartulary charts classification compendium directory docket enumeration gazette gazetteer hit list index inventory list prospectus record register roll roster schedule slate specification syllabus synopsis agenda almanac atlas blue book book catalogue gazeteer laundry list lineup little black book scorecard short list social register white pages who's who yellow pages cabinet case census circular file data documents dossier folder information notebook pigeonhole portfolio repository composition music orchestration transcript catalog magazine adapt adjust agree to blueprint chart come to terms compromise concert construct contrive decide design determine devise direct establish frame get act together get ready hammer out a deal harmonize iron out lay out line up make a connection make ready manage map out negotiate organize prepare project promote provide pull a wire pull things together quarterback resolve set stage settle shape up tailor work out work out a deal file score arrange Chart chart blueprint diagram graph outline plat plot rough draft scheme sketch table tabulation arrange block out cast delineate design devise draft lay out project shape caricature compose crayon depict describe engrave etch express form formulate frame limn map out mark model paint pencil portray prepare profile trace write atlas delineation drawing elevation globe ground plan picture plan portrayal print projection topographical depiction tracing agenda appendix canon catalogue compendium digest illustration index inventory list record register roll schedule statistics summary synopsis table of contents account delegation effigy embodiment icon image map protest sample statement symbol draw representation Graph essay album novel text work manual volume copy tome primer opus reader roll tract Bible scroll folio codex atlas quarto octavo list pad hire organize schedule set up enter enroll engage bill charter procure program bespeak order reserve line up sew up reject cancel let go free charge accuse books daybook journal record book register abstract article belles-lettres biography brochure classics comment composition critique discourse discussion disquisition dissertation drama exposition findings history humanities information leaflet letters lit literary works lore observation pamphlet paper poetry prose précis report research story summary theme thesis treatise treatment writings written work IOU bad news balance book check computation cuff grunt inventory invoice ledger reckoning record score statement tab tally apprehend bag brace bust capture catch collar detain drop gaff get glom grab hook imprison incarcerate jail kick nab nail net nick pick up pinch pull pull in put the arm on put the cuffs on round up roust run in secure seize sidetrack snag tag take in take prisoner toss in jail announce give advance notice post buy on credit chalk up debit encumber go into hock incur debt paste put on account put on one's card put on the cuff put on the tab receive credit run up literature account arrest Books don&39;t read enough today intelligent mind-expanding interesting shocking fantastic intenet reading care stopped right choice benefit privilege claim selection dilemma advantage license grant dibs pickup election franchise free will druthers flipside loss accession accessory accretion accrual addendum additive adjunct aggrandizement annex appendage appendix attachment augmentation bonus boost commission dividend enhancement enlargement expansion extension extra gain hike increase increment option profit raise reinforcement rise supplement wing back-up opportunity other other fish in sea other fish to fry pick preference recourse redundancy sub substitute take it or leave it alternative appraisal choosing cull cup of tea decision determination discretion discrimination distinction evaluation extract favorite finding judgment rating say variety verdict volition vote weakness appointment ballot balloting poll polls primary referendum ticket vote-casting assent conation consent desire free choice free decision freedom inclination intention mind one's discretion one's own choice one's own will own say so own sweet way pleasure power say so velleity voluntary decision willingness wish command fancy liking purpose want addition Option options hedging hedge funds call options put options puts calls writing options naked options potential fling sex buddies optiions crush friend sex dating boyfriend girlfriend pitch pass off house behind tracy truck confusing difficult fun pact accord deal bargain compact covenant sellout contract mean copout denial refusal dispute dissent quarrel contest grant permit assent boon warrant buyback fighting protest banter exchange trade swap offset trade-off difference payoff pay veto start equivalent substitute tit for tat quid pro quo like for like accommodation adjustment arrangement composition concession fifty-fifty half and half half measure happy medium middle course middle ground settlement understanding win-win situation acknowledgment admission allowance authorization compromise confession giveback giving in indulgence permission privilege rollback surrender adaptability collaboration cooperation deal-making reciprocity wheeling and dealing agreement clearance compensation completion conclusion confirmation defrayal determination discharge disposition establishment liquidation payment quietus reimbursement remuneration resolution satisfaction showdown termination working out equal exchange equal substitution eye for an eye measure for measure something in return something for something give-and-take trade off motive spring goad spur duress monkey a must no-no deterrent hindrance liberty freedom allowance restraint modesty timidity hang-up humility reserve pride curb cramp arrest damper check release accommodation apprehension appropriation bag booby trap bust captivity capture collar commitment confinement constraint crimp detention drop fall gaff glom grab heat hook imprisonment incarceration jailing mitt nab nail nick nip pick up pickle pinch preventive custody protective custody pull pull in restraining run in sequestering snare sweep anchor binders cinchers control discouragement hamper hurdle obstacle rein retarding device bondage committal custody durance enslavement enthrallment entombment impoundment internment jail limbo serfdom servitude slavery subjection thralldom vassalage blow disappointment frustration grunt harness holdup impediment inhibition limitation obstruction rebuff rejection restrainer reversal reverse setback stoppage trouble browbeating bullying force intimidation menace menacing persuasion strong-arm tactic threat threatening violence ability absolutism aplomb authority authorization charge coercion compulsion despotism domination dominion expertise expertism expertness government grasp grip hold jurisdiction know-how leadership management might prerogative primacy right royalty skill sovereignty strings supervision supremacy sway tyranny upper hand brake command paucity lack dearth famine drought rarity want plenty enough surplus excess birthmark blot blotch break bug catch check crack deficiency deformity discoloration drawback error failing fault flaw foible frailty gap glitch gremlin hole infirmity injury irregularity kink knot mark marring mistake patch rift rough spot scar scarcity scratch seam second shortage shortcoming sin speck spot stain taint unsoundness vice weak point weakness absence defalcation default defect deficit demerit dereliction failure inability to hack it insufficience insufficiency loss need neglect privation scantiness aridity dehydration desiccation dry spell parchedness rainlessness destitution misery poverty starvation abridgement curtailment decrease depletion deprivation distress exigency exiguity inadequacy inferiority meagerness miss necessity reduction retrenchment shortfall shortness shrinkage shrinking slightness stint abjection bankruptcy barrenness beggary debt difficulty emptiness hardship impecuniousness impoverishment indigence insolvency necessitousness pass pauperism pennilessness penury pinch poorness straits underdevelopment vacancy Scar City business analyst financial expert economist comrade sympathizer red pinko Commie apparatchik Socialist Bolshevist Trotskyite Bolshevik Maoist Stalinist C.P. member Castroite Leninist Viet Cong com-symp fascist Marxist Party member fellow traveler communist marxist Brooklyn BrOoKLyN hypocrite trickster impostor rascal crook swindler rogue charlatan quack decoy jockey bluff sharper shyster deceiver chiseler defrauder fake pretender cozener enticer inveigler shark scammer dodger conniver defector runaway deserter refugee outcast escapee exile recluse outlaw stray waif vagabond derelict truant hermit émigré runagate evacuee walkout bolter escaper loafer idler forger thief cheater clip cheat operator sharp grifter rook fraud mechanic gouger slicker philanthropist smoothie leaflet flier bilk con artist confidence operator double-crosser double-dealer masquerader escaped prisoner hunted person jail-breaker displaced person fly-by-night transient goof-off shirker absconder confidence artist counterfeiter falsifier four-flusher mountebank scoundrel crafty fellow crafty rascal opportunist fugitive malingerer Artful Dodger Dodgers dodgers harvard Harvard training science study culture learning teaching literacy tutelage guidance breeding finish tuition nurture reading pedagogy tutoring coaching drilling rearing neglect accomplishments acquirement actions atmosphere attainment aura backdrop capacity credentials cultivation deeds education environment framework grounding history practice preparation qualification seasoning tradition upbringing acculturation advancement civility development edification elevation enlightenment illumination polish progress refinement social well-being conduct control curb domestication drill exercise inculcation indoctrination limitation method orderliness regulation restraint self-command self-control self-government self-mastery self-restraint strictness subordination will willpower bodhi broad-mindedness civilization comprehension information insight instruction knowledge open-mindedness sophistication wisdom awareness clarification inspiration perception revelation ability acquaintance apprehension attainments cognition consciousness dirt discernment doctrine dogma dope erudition expertise facts familiarity goods grasp inside story intelligence judgment know-how light lore observation philosophy picture power principles proficiency recognition scholarship schooling scoop substance theory background discipline Education case material business affair study object question idea topic course theme thought item problem proposal point chapter core head motif gist text argument motion thesis theorem motive class meat fact proof master liege serf vassal client owner capacity cargo chapters connotation constituents details divisions essence filling freight furnishing guts implication ingredients innards inside lading load meaning nub packing shipment significance size space stuffing subject matter subjects substance sum themes topics volume educational program modules program of studies schedule studies syllabus assignment avocation calling circumstance concern duty employment episode event hap happening incident interest job mission obligation occupation occurrence office function proceeding profession project province pursuit realm responsibility subject task thing transaction undertaking beeswax carrying on function goings-on hanky-panky issue lookout matter palaver chump clay pigeon derision dupe easy mark fall guy fool goat jestee joke laughingstock mark patsy pigeon sap setup sitting duck softie sucker target turkey victim John/Jane Q. Public aborigine burgess burgher civilian commoner cosmopolite denizen dweller freeman/woman householder inhabitant member of body politic member of community national native naturalized person occupant resident settler taxpayer townsperson urbanite villager voter contents curriculum butt citizen Subject competition democracy commercialism mercantilism industrialism free market communism capitalism free competition free economy free-enterprise economy free-enterprise system liberalism open market private enterprise self-regulating market balance of trade managed prices multilateral trade noninvolvement reciprocal trade capitalistic system free enterprise private ownership private sector economic sector free trade Capitalism Milton Friedman Milton Friedman fried-man Harlem harlem harlems class warfare Class warfare fly chic fine sharp foxy boring dull calm plain family domain estate frame mold breed status stripe genre source ilk order sect genus caste school degree league grade style rank origin set color sphere rate kidney humor branch suit nature brand name value cast range grain make end company club place circle strain quality moiety title state station stratum stock lineage caliber coterie birth clique tier descent clan result death effect room study course session seminar subject form academy section line whole divide assess gauge group codify mark assort score reckon regard part judge hold allot assign unite ignore join keep retain align array class classify clear the decks dispose file fix up line up methodize organize police police up position put in good shape put in order put to rights regulate sort spruce spruce up systematize tidy whip into shape adorableness allure allurement artistry attraction bloom charm comeliness delicacy elegance exquisiteness fairness fascination glamor good looks grace handsomeness loveliness polish pulchritude refinement shapeliness symmetry winsomeness character description species variety bore diameter length measure measurement striking power weight button down identify peg pigeonhole put down as tab typecast department division grouping head heading kind level list arrange beauty categorize category Class combat clash discord fighting strife struggle battle rivalry war contest arms strategy blows striving truce peace conflict encounter engagement fight fray skirmish warfare action assault attack barrage blitzkreig bloodshed bombing brush campaign carnage contention crusade havoc hostility onset onslaught press ravage scrimmage significant contact sortie drive expedition movement offensive operation push annihilation blitz blood blood and guts blood bath butchering butchery crime extermination gore hecatomb holocaust homicide killing liquidation manslaughter mass murder murder offing rapine search and destroy shambles slaughter slaying taking out wasting affray battle royal brush-off flap jackpot mix-up run-in service shoot-out antagonism athletic event bout candidacy championship concours controversy counteraction do or die dog eat dog emulation event game go for it go for the gold horse race jungle match matchup meeting one on one one-upping opposition pairing off puzzle quiz race racing rat race run sport tilt tournament trial tug-of-war competition power ministry union state rule politics law regime control empire guidance sway regency polity command dominion the feds anarchy chaos coup mutiny revolt administering agency application authority charge conduct conducting directing direction dispensation disposition distribution enforcement execution governing government handling jurisdiction legislation order organization overseeing oversight performance policy provision regulation running strategy superintendence supervision surveillance ascendancy authorization beef clout credit domination edge esteem force goods guts influence juice jump leg up license mastery might might and main permission permit pizzazz pow powerhouse prerogative prestige punch right ropes say say-so steam strength strong arm stuff supremacy upper hand warrant weight what it takes whip hand word zap administration beadledom city hall civil service directorate management officialdom officials powers that be red tape regulatory commission the Establishment the system administrators advisers assembly assistants brain trust bureau bureaucracy committee council counselors department heads governing body kitchen cabinet official family ability absolutism aplomb coercion compulsion constraint despotism expertise expertism expertness grasp grip hold know-how leadership primacy restraint royalty skill sovereignty strings tyranny alliance anschluss bond compact confederation conspiracy covenant federation league cabinet confederacy Government office area agency station bureau board branch unit staff arena commune force beat parish canton range circuit tract quarter ward whole duty domain sphere slot realm field niche spot line class berth wing fun pastime President admiral advisers cabinet chair chairperson chargé d'affaires command commander committee consulate department directors embassy executive executives feds front office general governing body headquarters legislature management ministry officers officials powers presidency presidium stewards superintendents supervisors top brass upstairs company firm affiliate authority block detachment division ell extension offshoot power projection section sector commission salt mines service setup shop store grade group grouping head heading kind league level list order pigeonhole rank sort tier brand breed cast caste character classification collection color degree denomination description designation distinction estate family feather frame genre genus grain hierarchy humor ilk kidney make mold name nature origin property province quality rate school sect selection set source species standing status stripe style suit temperament value variety administration arm category job pull chore grind push sweat toil pains fun worker laborer help helper toiler learner hand hack check travail birth throes tend strive plod drive strain struggle drudge slave endeavor cultivate bear down plug away pour it on laze idle rest relax accomplish achieve begin carry on carry out consummate cook create develop do a number do one's thing enforce execute function get in there go about go for broke go for it go in for go that route go to town intrude knock off labor make progress maneuver move officiate operate percolate perk perpetrate persevere persist practice preside pursue respond serve take effect take part take steps take up transort undertake work out action activeness animation bustle enterprise exercise exertion hustle life liveliness motion movement act avocation bag ballgame bit deed entertainment game hobby occupation pastime project racket scene scheme stunt task trip undertaking venture work zoo afflict bleed crucify distress disturb eat heart out excruciate harrow hurt lament martyr pain rack sing the blues squirm stew over take it badly torment torture try wince worry writhe act of God bearing beginning birthing blessed event childbearing childbirth creation delivery nascency natality nativity parturition producing visit from stork accouchement bearing children childbed confinement delivering lying-in parturience procreation propagation reproduction visit from the stork activity agonize Labor base pay adequate income competence income minimum wage base salary base wage salary living wage Minimum wages Minimum Wage minimal littlest smallest merest tiniest most speck point hair whit spark nadir gleam least iota jot dab atom depth grain dot lot bit crumb fragment minimum mite modicum molecule morsel mote ounce particle scintilla scrap shred smidgen spot tittle trace atomic bottom entry-level feeblest fewest finical first gutter infinitesimal last lowest meanest microcosmic microscopic minute minutest molecular most trivial next to nothing niggling piddling poorest second short-end third trivial unimportant bare barren deficient exiguous flimsy inappreciable inconsiderable infertile insubstantial insufficient little mere miserable paltry puny scant scanty scrimp scrimpy shabby short skimp skimpy slender slight spare sparse subtle tenuous too little too late unfinished unfruitful unproductive wanting weak basal basic essential fundamental least possible nominal token Lilliputian bitsy bitty diminutive insignificant itsy-bitsy itty-bitty midget mini miniature minikin minuscular minuscule negligible pee-wee petite pint-sized pocket pocket-size teensy teensy-weensy teeny trifling wee yea big breath dash drop element footmark footprint hint indication intimation mark memento nib nuance pinch proof record relic remains remnant shade shadow sign slot smell snippet soupçon spoor sprinkling strain streak suggestion survival suspicion taste tincture tinge touch track trail tread trifle vestige whiff whisper meager tiny Minimum make cease fail lose miss halt stop aid alimony allocation allotment annuity apportionment bequest bite bounty commission contribution cut endowment fee fellowship gift grant honorarium inheritance interest legacy lot measure part pay pension piece portion prize quantity quota ration recompense remittance salary scholarship share slice stint stipend subsidy taste wage advantage allowance amends atonement benefit bonus bread consideration counterclaim coverage damages defrayal deserts earnings gain indemnification indemnity meet payment payoff premium profit quittance reciprocity reckoning recoupment redress reimbursement remittal remuneration reparation reprisal requital restitution reward salt satisfaction scale settlement shake take take-home baksheesh commish payback percentage perk perquisite something to sweeten pot tip account ante bill chunk compensation cost emolument end expense gravy handle hire house juice piece of the action price rake-off take-in toll argue bicker buck buckle down carry on combat conduct contest continue defy dispute effect endure engage in exert oneself fall out force further hammer away hassle lay into light into maintain make a stand against oppose persevere persist prosecute push forward put up an argument repel resist row spare no effort squabble stand up to strive struggle support take on take pains tangle with toil on travail traverse uphold withstand wrangle assets avails benefits bottom line cash cash flow dividends drawings gains gross harvest in the black livelihood means net proceeds receipts returns revenue royalty take home fight income wages Puerto Rico Puerto rico RICO Rico big huge cock unbelievable snake suave pimp dope weird crazy rica ricas ricos rich richie jealous libido girlfriend steal ricky ricky ricky ricura yummy boys sexy dude Chi Chi-town Second City the Loop Chicago chicago data census stats demographics demography enumeration poll population tally statistics abstracts brass tacks chapter and verse circumstances compilations conclusions details documents dope dossier evidence experiments facts figures goods info input knowledge materials measurements memorandums notes picture proof reports results scoop score testimony whole story account agenda archive arrangement ballot bill brief bulletin calendar canon catalog catalogue checklist contents dictionary directory docket draft file gazette index inventory invoice lexicon lineup listing loop manifest memorandum menu outline panel program prospectus register roll roll call row schedule screed scroll series slate syllabus table tally thesaurus ticket timetable vocabulary appendix chart compendium digest graph illustration list plan record summary synopsis table of contents tabulation accomplishment achievement credentials history performance performance history track track record Statistics statistic figure count bullshit load shit virginia tech hokies suck justin jett anal cunt tyrod taylor mathematics probability stat happy capitalism globalisation children secret low income small flat little below sunken bottom level deep squat minor junior lesser nether under huge large moral big above high tall rich gay happy well poor paltry sparse cheap meager modest cut shoddy scant puny worthy enough honest great full decent strong rough blue gross raw base common menial mean abject coarse crass nasty rude sordid vile woeful scurvy crumby polite kind clean good noble nice simple plain humble obscure ignoble lowly meek lowborn down bad moody fed up forlorn gloomy glum morose sad unhappy dragged weak dying ill faint dizzy sick frail clear soft quiet muted loud contemptible degraded dejected deplorable dishonorable fawning groveling hangdog humiliated low miserable outcast pitiable servile submissive worthless wretched apologetic conscience-stricken contrite crestfallen depressed disconsolate downcast downhearted guilty regretful remorseful upset woebegone abominable animal barbarous bestial boorish brutal brute brutish carnal cruel depraved disgusting feral ferine foul gluttonous inhuman irrational loathsome monstrous obscene piggish prurient repulsive sadistic swinish unclean bark bawl bay beller blare bluster bray call clamor cry howl roar rout scream shout shriek wail whoop yawp yell yelp despondent dismal dispirited down in the dumps melancholy bawdy crude dirty earthy filthy foul-mouthed gruff immodest impolite improper impure incult indelicate inelegant loutish lowbred lowdown and dirty off-color offensive raffish raunchy ribald roughneck scatological smutty tacky uncivil uncouth uncultivated uncultured unrefined vulgar vulgarian beastly bellow 'low LOWS Low Low- salary wage profit pay cash gross gravy assets means net payoff avails gains debt loss bills accomplishment achievement allowance annuity award benefit bonus commission dividend donation earnings fortune gain gift grant income increment inheritance premium prize proceeds remuneration return reward riches security wages wealth winnings basis conclusion core crux determination essence fiber final decision fundamentals key point last word main idea main point main thing meat and potatoes name of the game nitty-gritty nuts and bolts point reality sum and substance what it's all about whole story capital chances class command degree dowry financial status footing lifestyle lot net worth outlook position precedence prestige property prospects prosperity rank rating resources situation sphere standing state station status substance times way of life worldly goods balance bottom line emolument gate groceries in the black lucre piece of the pie receipts revenue salt stipend take-home takings benefaction bequest bestowal boon bounty dispensation fund funding gifting gratuity largess legacy nest egg pension presentation provision stake subsidy trust accretion accrual accumulation addition advance advancement advantage attainment boost buildup cut growth headway hike improvement increase produce progress rise share take upping velvet yield acquisition circumstances endowment Income incomes impetus reason bait spring motive whip ground come-on goad urge excuse purpose impulse spur drive carrot dislike block turn-off agenda driving force hidden agenda incentive motivation score to settle allurement blackmail buyoff compensation contract corrupt money corrupting gift enticement envelope feedbag fringe benefit gift goody graft gratuity gravy grease hush money ice inducement influence peddling kickback lagniappe lure payola perk perquisite present price protection remuneration reward sop sweetener sweetening take adjuvant agitator enzyme incendiary incitation incitement radical stimulus reactant reactionary spark plug stimulant synergist wave maker advance advocacy aid animation assistance backing boost cheer comfort confidence consolation consoling easement enlivening faith favor firmness fortitude helpfulness hope inspiration inspiritment invigoration optimism promotion reassurance reassuring refreshment relief relieving shot in the arm softening solacing stimulation stimulus succor supporting trust urging catalyst compulsion desire impulsion irritation lash lust passion pressure prod zeal energy momentum power push ax to grind bribe encouragement
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