Liberals do not watch this video - if you wish to keep doublethinking - it is about that hated truth and clarity

First of all greed is pretty easy to define in a real world way. Remember your single digit years. You know elementary school. Greed is taking all the cookies on the plate that are meant for the whole class. Not being greedy is having self control and some self awareness. You take two cookies because the teacher told you thats how many you get. When you asked why the last time the teachers told you that you can only have two because that way every one gets some. Saying that greed is a abstract concept is stating a fact. Insinuating that it is too complicated a subject for the layperson to understand is false. At some point in life we all should have learned about the topic in great detail for me it was elementary school.

"Einstein didn’t construct his theory under order from a
bureaucrat."

No he did it because he found science interesting and I would bet soothing. Every one should learn more about his life. It humanizes his science a bit and makes it less daunting to try to understand. Also you should look up the story of what happened to his brain after he died. I digress. Einstein was not a product of "capitalism" he was a gifted smart person. From germany by the way.

Henry Ford. His first real point in the argument. The rest was just to get you feeling stupid for not knowing what to say. Thankfully we have the internet today where given enough time any one can find out the correct answer.

"In the only cases in which the masses have escaped from the kind
of grinding poverty you’re talking about, the only cases in recorded
history are where they have had capitalism and largely free trade."

Organized market places allow people to find ways of climbing out of poverty. I'll bet! Weather or not that had "free trade" and the other details of the collective economies of mankind will remain largely a secret of history. I know the romans where very involved with their trade policy to create a better market for certain goods though. They even went to war over the right to reduce the amount of foreign wine in trade. Learned about that last bit on a history channel thing about Rome. Very long.

"If you want to know where the masses are worst off, it’s exactly in the
kinds of societies that depart from that."

Actually it is in the parts of South America and Africa where the largest deposits of rare earth elements and oil are. The places of which I speak usually have a direct conflict of interest between the local inhabitants and the companies that export those resources to 1st world countries. sadly this isn't just diamonds and oil but also many elements needed in the construction of digital technologies.

"So that the record of history
is absolutely crystal clear: that there is no alternative way so far
discovered of improving the lot of the ordinary people that can hold a
candle to the productive activities that are unleashed by a free
enterprise system."

You know, I checked and, he is not a history major or even well known for an understanding of world history. Moving on.

"And what does reward virtue? You think the communist commissar
rewards virtue? You think a Hitler rewards virtue? You think – excuse
me, if you will pardon me – do you think American presidents reward
virtue?"

The question was about weather or not this unregulated market idea only rewarded people inclined and able to manipulate the system. He answer the question with an other question. Then instantly starts talking about communism and hitler. That is known as building a straw man argument in debate and I just call it skirting the point. I think more often though it is suppose to be our selfs and the people we choice to spent our time with that reward virtue. Maybe at church too if your that type.

"You know I think you are taking a lot of things for
granted. Just tell me where in the world you find these angels who are
going to organize society for us? Well, I don’t even trust you to do
that."

I don't think we should count on angels to organize our society. I personally don't want my society reorganized. I would like to see the disparity between super wealthy and super poor of the nation shrink a little. I think tax and market regulation could be used to do this with ending the world or building a new USSR and that this act would release tension in our society. Not a major overhaul all at once but the really obvious bits first. Like corporate personhood and predatory lending practices could go.

Friedman is an idiot. Fascism is control of the economy by the government and corporations. Communism is ownership of the economy with no private property. If you want to read a founding fathers view on civilization and the unnatural concentration of wealth, an excerpt form Paine's Agrarian Justice responding to a pastor that quoted the Bible on God made the poor and rich.
http://www.cooperativeindivid...

In this work, his last great pamphlet published in the winter of 1795-1796, Paine continued the discussion he began in Part II of the Rights of Man of the problem of the elimination of poverty and developed further his proposals for limiting the accumulation of property. The crux of the entire question of eliminating poverty, he points out, lay in the institution of private property, for this principle was the source of the evils of society. Landed property and private property, he argued, were made possible only by the operation of society since whatever property men accumulated beyond their own labor came from the fact that they lived in society. "... The accumulation of personal property," he wrote, "is, in many instances, the effect of paying too little for the labor that produced it; the consequence of which is, that the working hand perishes in old age, and the employer abounds in affluence." God had never opened a land office, he held, from which perpetual deeds to the earth should be issued. He spoke, he boldly declared, for "all those who hive been thrown out of their natural inheritance by the introduction of the system of landed property." It is of some interest to note that Thomas Jefferson observed, in a letter to Rev. James Madison in February, 1787: "Whenever there are in a country uncultivated lands and unemployed poor, it is clear that the laws of property have been so far extended as to violate the natural right. The earth is given as a common stock for man to labor and live on. If for the encouragement of industry we allow it to be appropriated, we must take care that other employment be provided for those excluded from the appropriation. If we do not, the fundamental right to labor the earth returns to the unemployed.