Child Quote by Milton Friedman
“Consider Social Security. The young have always contributed to the support of the old. Earlier, the young helped their own parents out of a sense of love and duty. They now contribute to the support of someone else's parents out of compulsion and fear. The voluntary transfers strengthened the bonds of the family; the compulsory transfers weaken those bonds.”
About This Quote
The shift from voluntary to compulsory intergenerational support weakens family bonds, turning mutual aid into forced obligation.
In simple terms: Compulsory support erodes family ties.
Key Takeaway
Promote voluntary, mutual assistance across generations.
Themes
economics
family
social policy
intergenerational equity
voluntaryism
Mood
analytical
critical
Type
policy
economic commentary
When to use this quote
- public policy
- social welfare design
- community programs
- family counseling
- retirement planning
Key Concepts
public economics
social contract
family dynamics
political philosophy
Questions to Reflect On
- How can we balance voluntary aid with societal needs?
- What alternatives preserve family bonds while ensuring support?
A Different Perspective
Compulsory systems may be necessary for societal safety nets.
