"The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is that kind of a system"

Milton Friedman's quote recommends that industrialism is the best system of social company due to the fact that it is the one that restricts the damage brought on by greed. He indicates that greed is an inescapable part of humanity, which it is impossible to completely remove it. For that reason, the best method to handle it is to develop a system that restricts its unfavorable effects. Industrialism is such a system due to the fact that it motivates competition and rewards those who achieve success, while likewise supplying incentives for individuals to work hard and be efficient. This system also enables the free enterprise to figure out the costs of items and services, which helps to guarantee that resources are allocated efficiently. Eventually, Friedman's quote suggests that industrialism is the very best system of social company because it is the one that limits the damage caused by greed.