In both episodes they speak of freedom and the definition of it, which is making choices. In the episode “The Power of Markets” Milton Friedman talked about Hong Kong and their government. In the episode “The Tyranny of Control” Milton Friedman talked about the idea of free trade and how government should have little to do with it. Both episodes give room to have different opinions and in this country you are allowed to have and express those opinions. “The Power of Markets” talks much about jobs and freedom to do what they please in Hong Kong. Natural resources in Hong Kong are scarce so they had to find another way to make themselves profitable. They became the famous source of trade. They didn’t place any tariffs or duties so it made it
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Workers in Hong Kong work in large warehouses with low wages, hot atmosphere, and health code violations. This may all seem like a place where no one would work but these warehouses are packed with people who want these jobs and are thankful for it. The jobs may be hard, but the growth and achievements it gives them is real. In Hong Kong the workers have the ability to choose between higher wages or a better working environment. Majority of the workers choose to receive higher wages in a bad working environment. This is not how China treats their workers. The workers do not get a say in how much they are paid and the working conditions are very poor. They have no freedom or better job opportunities. The free market system of Hong Kong gives the poor laborers the best opportunity to advance the there is competition for their …show more content…
Many people, who don’t get permission, try to sneak over the border but many times it ends up in death. People show their preference in economic system with their feet leaving the controlled economy of China for the free market of Hong Kong. Human freedom cannot exist without economic freedom.
This said, Hong Kong is not Utopia. Hong Kong has its crime and bad places but the people are free to work and live wherever they want. Many people these days take freedom for granted. The freer the people are from the government, the better off they are.
In the episode “The Tyranny of Control” it talks a lot about the Britain and Indian way of life. In the early years, Britain’s trade was tightly controlled by the government with tariffs, which was a large obstacle for British people since it was unattractive to trade with them. This made many British people go and break the law and sell products to other nations without tariffs without their government knowing. Once the government realized, the British government removed the tariffs. This allowed Britain to be the workplace of the
Workers in Hong Kong work in large warehouses with low wages, hot atmosphere, and health code violations. This may all seem like a place where no one would work but these warehouses are packed with people who want these jobs and are thankful for it. The jobs may be hard, but the growth and achievements it gives them is real. In Hong Kong the workers have the ability to choose between higher wages or a better working environment. Majority of the workers choose to receive higher wages in a bad working environment. This is not how China treats their workers. The workers do not get a say in how much they are paid and the working conditions are very poor. They have no freedom or better job opportunities. The free market system of Hong Kong gives the poor laborers the best opportunity to advance the there is competition for their …show more content…
Many people, who don’t get permission, try to sneak over the border but many times it ends up in death. People show their preference in economic system with their feet leaving the controlled economy of China for the free market of Hong Kong. Human freedom cannot exist without economic freedom.
This said, Hong Kong is not Utopia. Hong Kong has its crime and bad places but the people are free to work and live wherever they want. Many people these days take freedom for granted. The freer the people are from the government, the better off they are.
In the episode “The Tyranny of Control” it talks a lot about the Britain and Indian way of life. In the early years, Britain’s trade was tightly controlled by the government with tariffs, which was a large obstacle for British people since it was unattractive to trade with them. This made many British people go and break the law and sell products to other nations without tariffs without their government knowing. Once the government realized, the British government removed the tariffs. This allowed Britain to be the workplace of the