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The True History of Libertarianism in America: A Phony Ideology to Promote a Corporate Agenda

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Summary
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69% Informative

The Foundation for Economic Education was the best-funded conservative lobbying outfit ever known up to that time, sponsored by a Who’s Who of US industry in 1946 .

In his early days , before millions were spent on burnishing his reputation, Milton Friedman worked as a business lobby shill, a propagandist who would say whatever he was paid to say.

That's the story we need to revisit to get to the bottom of the modern American libertarian "movement".

Julian Zelizer : Milton Friedman is a founding father of libertarianism.

Zelizer says the Foundation for Economic Education was founded by the US Chamber of Commerce and the National Association of Real Estate Boards in 1946 .

He says Milton Friedman and George Stigler arranged an under-the-table deal with a Washington lobbying executive to pump out covert propaganda for the national real estate lobby in exchange for a hefty payout.

In 1946 , Herbert Nelson of the Real Estate lobby contacted libertarian founder Leonard Read of the FEE with an order for a PR pamphlet.

The National Association of Real Estate Boards was so pleased with Milton Friedman’s made-to-order propaganda that they ordered up 500,000 pamphlets.

There's no idealism here. If we're going to escape the corporate oligarchy that is running this country--their ideas can't possibility be the alternative solution.

VR Score

66

Informative language

62

Neutral language

31

Article tone

formal

Language

English

Language complexity

68

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

detected

Time-value

medium-lived

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