Ending Discrimination

Capitalism has done more to end discrimination than any law, act or bill ever has.  How?  It makes the bigot pay... literally.

Hiring less efficient workers because they are of a preferred race means that firms will automatically lose money in relation to hiring a more efficient worker of a "less desirable race."  Because the rational decision is to hire the best workers, it will cost the firm money to hire underperforming workers.

Friedman explains how capitalism undermines discrimination, but his broader message is more important: capitalism ensures a more egalitarian society.