--- title: "Meaning & Key Takeaway of: The great virtue of a free market system…" description: "\"The great virtue of a free market system is that it does not care what color people are; it does not care what their religion is; it only cares whether..." image: "https://sms4smile.com/quotes/i/359/milton-friedman-616_capitalism_the-great-virtue-of-a-free-market-system_798365.png" --- # The great virtue of a free market system is that it does… ![“The great virtue of a free market system is that it does not care what color people are; it does not care what their religion is; it only cares whether they can produce something you want to buy. It is the most effective system we have discovered to enable people who hate one another to deal with…” quote by Milton Friedman](https://sms4smile.com/quotes/i/359/milton-friedman-616_capitalism_the-great-virtue-of-a-free-market-system_798365.png) [Download](https://sms4smile.com/quotes/i/359/milton-friedman-616_capitalism_the-great-virtue-of-a-free-market-system_798365.png) [Open image](https://sms4smile.com/quotes/i/359/milton-friedman-616_capitalism_the-great-virtue-of-a-free-market-system_798365.png) > “The great virtue of a free market system is that it does not care what color people are; it does not care what their religion is; it only cares whether they can produce something you want to buy. It is the most effective system we have discovered to enable people who hate one another to deal with one another and help one another.” [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. A free market treats all participants equally, judging them solely by the value they provide, fostering cooperation despite personal animosities. **In simple terms:** Markets ignore race and religion, focusing on product value. Key Takeaway Support policies that keep markets open and fair. Themes free market equality competition cooperation Mood analytical optimistic Type economic philosophical When to use this quote - business negotiations - consumer choice - international trade - conflict resolution Key Concepts economic theory liberalism social interaction Questions to Reflect On - Can markets truly be neutral without regulation? - How do we protect vulnerable groups? A Different Perspective Markets can still be influenced by unequal power dynamics and discrimination. ★ ★ ★ ★ ★ No ratings yet [Capitalism](https://sms4smile.com/quotes/about/capitalism/) [Care](https://sms4smile.com/quotes/about/care/) [Color](https://sms4smile.com/quotes/about/color/) [Communism](https://sms4smile.com/quotes/about/communism/) [Economics](https://sms4smile.com/quotes/about/economics/) [Free market](https://sms4smile.com/quotes/about/free-market/) [Hate](https://sms4smile.com/quotes/about/hate/) [Help One Another](https://sms4smile.com/quotes/about/help-one-another/) [Investing](https://sms4smile.com/quotes/about/investing/) [Libertarian](https://sms4smile.com/quotes/about/libertarian/) [Libertarianism](https://sms4smile.com/quotes/about/libertarianism/) [People](https://sms4smile.com/quotes/about/people/) [Politics](https://sms4smile.com/quotes/about/politics/) [Virtue](https://sms4smile.com/quotes/about/virtue/) ## Related quotes > [The great virtue of a free market is that it enables people who hate each other, or who are from vastly different religious or…](https://sms4smile.com/quotes/milton-friedman/the-great-virtue-of-a-free-market-is-that-it-enables-people-who-hate/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [“NOTHING IS IMPOSSIBLE IN THIS WORLD Hate - Deal - Challenge - Love - Win”](https://sms4smile.com/quotes/haruka-genji/nothing-is-impossible-in-this-world-hate-deal-challenge-love-win/) Haruka Genji > [“I hate it when you ‘deal’ with me.” “OK, what if I ‘handle’ you instead?”](https://sms4smile.com/quotes/orson-scott-card/i-hate-it-when-you-deal-with-me-ok-what-if-i-handle-you-instead/) [Orson Scott Card](https://sms4smile.com/quotes/author/orson-scott-card/) > [The virtue of a free man appears equally great in refusing to face difficulties as in overcoming them.](https://sms4smile.com/quotes/baruch-spinoza/the-virtue-of-a-free-man-appears-equally-great-in-refusing-to-face/) [Baruch Spinoza](https://sms4smile.com/quotes/author/baruch-spinoza/) > [Courage is the virtue of the free.](https://sms4smile.com/quotes/daniel-quinn/courage-is-the-virtue-of-the-free/) [Daniel Quinn](https://sms4smile.com/quotes/author/daniel-quinn/) > [Not contentment, but more power; not peace at any price, but war; not virtue, but efficiency (virtue in the Renaissance sense, virtu , virtue…](https://sms4smile.com/quotes/friedrich-nietzsche/not-contentment-but-more-power-not-peace-at-any-price-but-war-not/) [Friedrich Nietzsche](https://sms4smile.com/quotes/author/friedrich-nietzsche/) > [Temperance to be a virtue must be free, and not forced.](https://sms4smile.com/quotes/c-a-bartol/temperance-to-be-a-virtue-must-be-free-and-not-forced/) [C. 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It always seems to me that people who…](https://sms4smile.com/quotes/sei-shonagon/there-is-nothing-in-the-whole-world-so-painful-as-feeling-that-one-is/) [Sei Shonagon](https://sms4smile.com/quotes/author/sei-shonagon/) > [People who hate trouble generally get a good deal of it.](https://sms4smile.com/quotes/harriet-beecher-stowe/people-who-hate-trouble-generally-get-a-good-deal-of-it/) [Harriet Beecher Stowe](https://sms4smile.com/quotes/author/harriet-beecher-stowe/) > [There are two types of people in this world. People who hate clowns...and clowns. (Bobby Pendragon)](https://sms4smile.com/quotes/d-j-machale-2/there-are-two-types-of-people-in-this-world-people-who-hate-clowns/) [D. J. MacHale](https://sms4smile.com/quotes/author/d-j-machale-2/) ## More by Milton Friedman > [The government solution to a problem is usually as bad as the problem.](https://sms4smile.com/quotes/milton-friedman/the-government-solution-to-a-problem-is-usually-as-bad-as-the-problem/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [I believe the role that people like myself have played in the transformation of public opinion has been by persistently presenting a different point…](https://sms4smile.com/quotes/milton-friedman/i-believe-the-role-that-people-like-myself-have-played-in-the/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [To really understand something you've got to reduce it to its principles.](https://sms4smile.com/quotes/milton-friedman/to-really-understand-something-you-ve-got-to-reduce-it-to-its/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [It is a mark of how far we have gone on the road to serfdom that government allocation and rationing of oil is the…](https://sms4smile.com/quotes/milton-friedman/it-is-a-mark-of-how-far-we-have-gone-on-the-road-to-serfdom-that/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [Economic freedom is an essential requisite for political freedom. 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